banks
Fairview hospital workers: "Patients first not bottom line"
Workers at Fairview hospital see there’s a link between Fairview, a hospital that is being investigated for aggressive debt collection, and Wells Fargo, a bank that aggressively forecloses on people’s homes.
That link is a Wells Fargo Vice President who serves on the Fairview board. The workers want that link cut.MORE »
Young workers stage 'die-in' at Wells Fargo
Challenging the money that Wells Fargo is spending on politics – including funding this fall’s controversial voter ID amendment vote – young workers staged a brief die-in at the bank’s downtown headquarters. Friday’s action was part of a “Next Generation” conference for members of the Communications Workers of America.MORE »
Homeowners facing foreclosure can delay Sheriff's Sale for five months
A little known Minnesota law allows homeowners facing foreclosure to petition for a five-month delay of the sheriff’s sale — a period of time during which they have more leverage than after the sale. The Minnesota legislature passed this law two years ago, but it is not widely known, and banks rarely notify embattled homeowners of this right.MORE »
Demonstrators call on banks to support communities
Hundreds marched through the streets of downtown Minneapolis on May 11, protesting the recklessness and hypocrisy of Wells Fargo’s dealings with Minnesota’s immigrant community. The march capped a weeklong string of “Occupy”-style protests across the Twin Cities.MORE »
Workers schedule strike vote, question banks' involvement with Twin Cities hospitals
Members of SEIU Healthcare Minnesota will vote May 14 and 15 whether to authorize a strike at eight Twin Cities hospitals. They also are challenging the roles of bankers on hospital boards and a debt collection company that has garnered headlines for questionable practices.MORE »
US Bank, JP Morgan to stop offering student loans
Two of the biggest banks in America announced they’re pulling out of the student loan market, leaving students searching for private loans with fewer options.
But the move is a result of tougher industry standards for lenders, which is actually good news for students, said student loan expert Heather Jarvis.MORE »
House passes banking bill
The House passed a bill that would require Minnesota banks to follow the same guidelines as federal ones, permitting derivative transactions for state charter banks. It would also clarify holiday closures for financial institutions.MORE »
'The 99%' calls on Wells Fargo to pay its fair share of taxes
Workers briefly occupied the Wells Fargo tower downtown St. Paul Tuesday, shaming the giant bank for using loopholes in the corporate tax code to avoid paying its fair share. The rally, timed to coincide with the opening day of the Minnesota legislative session, concluded with a march to St.MORE »
Somalis close Wells Fargo accounts to protest bank's lack of support
Wells Fargo Bank isn’t backing the Minnesota Somali community’s fight to send money back to their starving families, so some Somalis are pulling their money out of Wells Fargo.MORE »
Bank cards and bike-sharing
As Minnesotans continue to debate whether to restrict voting to citizens with government-issued photo identification, the lack of another kind of plastic card already denies many people access to services most of us take for granted.MORE »
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