This is your chance to convince people of the importance of your issue!
BEGINNING IN MAY 2012 WELLS FARGO WILL CHARGE CUSTOMERS WITH LESS THAN $1500 IN THEIR CHECKING ACCOUNTS A FEE OF $7.00/MONTH - THEY ARE TARGETING THOSE CUSTOMERS WHO CAN LEAST AFFORD THESE FEES.
PLEASE SIGN THE PETITION - YOU CAN SEE FROM THE ARTICLE BELOW HOW WELL THEY ARE DOING - TELL THEM THEY CAN'T DO THIS!
Wells Fargo Profit Rises 13%, as Revenue Increases
By BEN PROTESSWells Fargo, one of the nation’s largest consumer lenders, posted a 13 percent increase in first-quarter profit on Friday, the latest in a series of upbeat report cards for the bank.
Wells Fargo, which is based in San Francisco, reported earnings of $4.2 billion, or 75 cents a share, as its loan portfolio continued to improve. The results — partially helped by the bank’s decision to set aside less in reserves to cover troubled loans — narrowly beat the 73 cents a share that analysts were forecasting.
For Wells, it was the seventh-straight rise in quarterly net income.