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Wells Fargo Responds To Berkeley Bank Debate

Berkeley Wells Fargo

First Posted: 02/ 6/2012 3:00 pm Updated: 02/ 6/2012 3:04 pm

Berkeley Patch:

Debating whether or not to discontinue a contract with Wells Fargo for the city's banking services, city officials, community members and representatives from Mechanics Bank argued against the banking giant during Tuesday's city council meeting.

Council members voted against automatically renewing the contract with Wells Fargo, opting instead to consider moving the city's $300 million bank account to a local bank or credit union.

Read the whole story: Berkeley Patch

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