Campaign Updates

With CEO Tim Sloan recently announcing his retirement, Wells Fargo workers traveled to Dallas to urge shareholders to support resolutions requiring the bank to issue reports on incentive pay and gender pay equity at its annual meeting. Bank workers also delivered (yet again) a petition demanding the bank’s leadership meet with the Committee for Better Banks. to appeal to Wells Fargo shareholders at the bank’s annual shareholder meeting attend.

Employees at the Pentagon Federal Credit Union (known as PenFed) call center in Eugene, Oregan are speaking out after the credit union announced it is moving over 100 jobs to Virginia or Texas.

Refusing to back down after CEO Tim Sloan “snub” at U.S. House of Representatives hearing, hundreds of bank workers, CWA union members and community allies marched through downtown Minneapolis and descended upon Wells Fargo’s offices to deliver (again) a petition signed by over 19 thousand bank employees and customers demanding the bank’s workers be treated with respect and meet with the CBB in order to fix entrenched abusive conditions detailed in recent news reports.

In an effort to help bank regulators meet their responsibilities of oversight, Wells Fargo employees met with Federal Reserve officials including two Fed Governors to provide information about their working conditions that could impact customers. This was probably a first-of-its-kind meeting and demonstrated the importance of making sure frontline bank workers voices are heard when regulators are trying to make sure megabanks like Wells Fargo act responsibly for both workers and customers.