Wells Fargo gets the acct to provide mortgages to AFL-CIO members (whatttt??)
I heard from a friend who works for Wells Fargo that Chase used to do mortgages for Union members and gave them back $ 499 in closing costs, of course this was probably factored into their rate..... now AFL-CIO is going to go with Wells Fargo instead and WF will give the union member a $500.00 gift card for doing their mortgage.
So after the big campaigns of move your money out of big banks, the AFL-CIO sells their Union members to Wells Fargo.
So many of us did move our money and we protested out side the big banks on move your money days
I find it so disappointing when so many of us worked to have people "move their money" which did make big banks take notice.
It seems like union members who do their mortgages with these big banks are crossing a picket line.
They have to know that Wells Fargo is not union, nor union friendly.
There are many Credit Unions and smaller banks that can do many types of loans