Petition Closed

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.

Letter to
Minneapolis School Board member Alberto Monserrate
Minneapolis School Board member Jenny Arenson
Minneapolis School Board member Rebecca Gagnon
and 5 others
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
I just signed the following petition addressed to: Minneapolis School Board.

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Divest from Wells Fargo bank

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.
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Sincerely,