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Empire Justice Center and Other NY Groups Say Wells Fargo Should "Fail" Its CRA Exam

December 12, 2012

 

BETTER NEIGHBORHOODS, INC.
BROOKLYN COOPERATIVE FEDERAL CREDIT UNION
CHHAYA COMMUNITY DEVELOPMENT CORPORATION
COMMON LAW
EMPIRE JUSTICE CENTER
GROW BROOKLYN
LEGAL SERVICES NYC
LEGAL SERVICES NYC - BRONX
NEDAP
THE PARODNECK FOUNDATION
QUEENS LEGAL SERVICES
SOUTH BROOKLYN LEGAL SERVICES
STATEN ISLAND LEGAL SERVICES
URBAN JUSTICE CENTER, COMMUNITY DEVELOPMENT PROJECT

The organizations listed above jointly submit these comments concerning the Office of the Comptroller of the Currency (OCC)’s examination of Wells Fargo, pursuant to the Community Reinvestment Act (CRA) regulations, 12 CFR Part 25. Collectively, our organizations represent a broad spectrum of groups working in low- and moderate-income communities throughout New York State. We see first-hand the harms wrought by Wells Fargo’s discriminatory and harmful practices, and call on the OCC to issue the bank a CRA rating of Substantial Noncompliance.

Read Comment Letter

For more information, please contact:


Barbara van Kerkhove

Empire Justice Center
Telesca Center for Justice
One West Main Street, Suite 200
Rochester, NY  14614


(585) 454-4060
(585) 454-2518
bvankerkhove@empirejustice.org