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Somalis Close Wells Fargo Accounts To Protest Bank’s Lack Of Support

Somali Wells Fargo door

Wells Fargo Bank isn’t backing the Minnesota Somali community’s fight to send money back to their starving families, so the Somalis are pulling their money out of Wells Fargo. About 100 people, Somali Americans with their supporters from labor unions, and from citizen activist groups staged a noisy rally in front of the Wells Fargo branch at 3030 Nicollet Avenue, Minneapolis on Friday January 13, 2012, to draw attention to the serious humanitarian crisis in Somalia and to plead with Wells Fargo to take the leadership to resolve the issue. Since late December, Somali Americans living in Minnesota have been unable to send financial support — a much-needed lifeline — to their loved ones living in East Africa. At that time, a small community bank stopped working with Hawalas, the community-based financial institutions that are the only practical method to transfer funds to famine-stricken Somalia. There was a large rally at the State Capitol January 6, 2012 highlighting the desperate plight of Somali families. Continue Reading →

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