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Petitioning Minneapolis School Board member Alberto Monserrate and 7 others

Wells Fargo costs Minneapolis Public Schools $28 million

The foreclosure crisis has drained $150 million from the Minneapolis Public Schools. Wells Fargo bank is responsible for nearly 20% of this ($28 million) as well as making a disproportionate number of equity-stripping subprime loans to people of color in Minneapolis. The negative impact of these actions is now evident to people not just in here in Minneapolis and not just in education but in all aspects of our lives across the entire country. We think that, therefore, it is just and fair to ask the Minneapolis Public Schools move their checking account ($20 million per month for payroll) from Wells Fargo into a responsible community bank.

This petition was delivered to:
  • Minneapolis School Board member
    Alberto Monserrate
  • Minneapolis School Board member
    Jenny Arenson
  • Minneapolis School Board member
    Rebecca Gagnon
  • Minneapolis School Board member
    Lydia Lee
  • Minneapolis School Board member
    Richard Mammen
  • Minneapolis School Board member
    Hussein Samatar
  • Minneapolis School Board President
    Jill Davis
  • Minneapolis School Board Treasurer
    Carla Bates

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