Wells Fargo Abruptly Terminating Customers’ Bank Accounts, Say Attorneys General in 16 States, Demanding Immediate Freeze on Lender’s Alleged Debanking Practices
https://cryptodaily.co.uk/news-in-crypto/thedailyhodl:wells-fargo-abruptly-terminating-customers-bank-accounts-say-attorneys-general-in-16-states-demanding-immediate-freeze-on-lenders-alleged-debanking-practices
Did you read the article? This is what happens when companies (and banks) get involved in politics instead of trying to make money.
Treat employees like sh-t....check.
Treat Customers like sh-t....also check.
Time to break it up and shut it down. Employees get your legal claims in while you can.
So now yall want those accounts the firm opened up for you?
WF closed my Team Member checking account, without warning, while I was on FMLA last year because of a $0 balance for 60 days. I would have thought I would have at least gotten some warning before being told the account was closed. First notification I got is when they closed it.
They too 600.00 from my account, then att took nine hundred from my account and I told them it wasn't authorized and they did nothing I left them they don't care about us it's all about numbers it would be nice too get my money back but o well good riddance
Charlie needs to be fired.
I do not understand what's happening with Wells Fargo Bank.
This is such a tired old story and all the big banks have been caught up in it at some point or another. Nothing special about WF. It all stems from the regulatory pressures banks are under, specifically around AML/BSA/KYC.
Seems like all the banks have been hit with consent orders around these programs. So they react and overreact by getting more aggressive and closing out more accounts.
The very last thing we need to be doing is chasing away more customers. The ivory tower is both deaf and blind, apparently.