Wells Fargo bank is making moves to impose corporate management’s left-wing agenda on as much of the country as possible, which will lead to a further bifurcation of left-versus-right in an America that is no longer united on much of anything, thanks to the Communist Democratic Party’s counter-revolutionary push over the past 50 years.
First, the bank has decided to end its relationship with a major gun dealer in Florida, further indicating that it will increasingly discriminate against the firearms industry unless there is a concerted legal effort to punish Wells Fargo for doing so.
According to The Reload:
With little explanation, the bank closed the business and personal accounts of Brandon Wexler just before Christmas. After 25 years with a personal account and 14 years with a business account, Wexler was given about a month to find a new bank. As owner of Wex Gunworks in Delray Beach, Florida, Wexler has been cited in countless major media reports for years, but Wells Fargo said his business had suddenly become too risky.
“Wells Fargo performs ongoing reviews of its account relationships in connection with the Bank’s responsibilities to manage risks in its banking operations,” the bank said in a December 22nd letter to Wexler. “We recently reviewed your account relationship and, as a result of this review, we will be closing your above-referenced accounts.”
A second letter the bank sent the following day informed the store owner that the company was also canceling his business line of credit, noting “the reason(s) for this action is: Banking guidelines excludes lending to certain types of businesses.” Of course, the letter did not offer any further details and Wexler said no one at his local bank branch offered one, either.
“I’ve been with them for 25 years,” he told The Reload. “I’m a professional fireman. I do everything the right way. It’s messed up.”
He went on to say that he had not changed anything with his business and that he believes the bank’s decision was based solely on the left-wing corporate board room’s hatred of America’s fundamental right to keep and bear arms.
“It feels like it’s a direct attack against gun dealers,” he said. “This all just happened recently, and we have been in business for many years. I’ve never ever seen anything like this.”
A spokesperson for the bank denied that, of course.
“Based on our analysis of the risk associated with this customer, we made a decision to close the accounts,” she told The Reload. “Our decision is not based on the industry.”
Sure.
The National Shooting Sports Foundation (NSSF), which represents gun makers and dealers, said what happened with Wexler is part of a larger trend within the financial sector.
“Wells Fargo’s decision to abruptly cancel all business ties with Wex Gunworks is the most recent example of ‘woke’ banking discrimination against the firearm industry,” Mark Oliva, an NSSF spokesman, told The Reload.
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Meanwhile, as Infowars reported, Wells Fargo is also discriminating against white people, which is not just unconstitutional but a direct violation of federal civil rights laws:
Wells Fargo, the top mortgage lending institution in the U.S., announced its cutting home loan services to instead focus on select customers, namely “individuals and families in minority communities.”
The financial services company claimed the decision is based on market changes and a slowing economy, but that apparently isn’t stopping the company from woke virtue-signaling.
“We are making the decision to continue to reduce risk in the mortgage business by reducing its size and narrowing its focus,” Kleber Santos, CEO of Consumer Lending said in a press release, as reported by the New York Post.
“We will continue to expand our programs to reach more customers in underserved communities by leveraging our strong partnerships with the National Urban League, Unidos US and other non-profit organizations,” said Kristy Fercho, Well Fargo’s head of Home Lending and head of Diverse Segments, Representation and Inclusion.
Mind you, banks don’t need departments of ‘inclusion’ because of our Constitution and federal laws against discrimination. So the only reason to form one is to discriminate officially under the guise of trying to be ‘more inclusive.’
As more legacy institutions like banks continue to shun more than half the country, it will become even more necessary for there to be new ones — like ‘patriot banks’ — to replace them.
Sources include:
The reckoning is going to be bloody….
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Good. Let the parallel economy make the money. Let the lefties destroy the corporations.
If Wells fargo FDIC……then remove that…..and any taxpayer assistance and/or protections then they cant do whatever they want……..was with them 25years and after the fake account scams they were doing (opening up account in customers name …getting interest payments , etc then closing without cost?benefit to the named….) i was done … credit unions for me for years now……let em fail if thats the route they want to take (no more “too big to fail” antics please!
You know ATM machines hate glue in them. Just mask up and leave no fingerprints.
And leave your cell phone at home.
So when there is a downturn and they do not have many loans to White people, who is going to actually make the loan payments?
Taxpayers
We are as they will “demand” a bail out.
Another jewish ran bank that hates America.
Oh, but Jews are our FRIENDS!
#sarc
Never, ever do business or personal banking with the “Big-Named” banks. Keep it local. I’ve been in business for 30+ years and I use my local Credit Union for ALL my banking both Business and Personal.
Well guess what Wells Fargo is going to experience? “A BANK RUN” and we plan and we plan on being one of the first to take all our money out of Wells Fargo and putting it in Credit Unions. One that is not liable to fail is Navy Federal because it is owned by we the people as are most Credit Unions not by Corporate America. But being that Navy Federal only allows veterans and service members and their families to join, we can be assured that it will continue to stand when most banking institutions fail.
If you’re white or a gun owner, no more business with the woke mf’s. Spread the word.
And just who do those morons think is going to make up the difference when those “individuals and families in minority communities” can no longer pay their bills. Go for it Wells Fargo because your idiocy is going to kill the goose that lays your golden eggs. It was those toxic loans you handed out back between 2005 and 2008 that finally went belly up because low-income earners could not pay the price increase in fuel and the increased in interest rates.
It is White people who kept your business alive you morons, You fuque us and you WILL KILL YOUR BUSINESS. If you think you are too big to fail, you had better rethink your strategies for future growth, because it won’t come from low income earners. We don’t give a shit how WOKE you believe yourselves to be, WE WILL NOT BE A PART OF IT AS i AM WHITE AND YOUR WOKE RACIST POSITION IS SO DISGUSTING BECAUSE YOU HAVE LOST YOUR SUGASITY
This bank is not fdic approved and when they collapse and are not insured who loses ? Blacks ! Just a write off for the bank
I wonder if they were pressured by regulators. Sounds like operation choke point to me.
Wells just paid billions to settle lawsuits. Again. I might guess that this is part of their settlement. Mortgage rates have gone up so anyone who has a mortgage serviced with Wells won’t refinance. As far as savings, checking, investing and getting financing look elsewhere. Wells rates are always higher than their competition and the service is lacking. Stick with local banks and credit unions.
They are replacing bank managers with black and brown folk now. I just switched my business and personal to a local and it has been one debacle after another. The black bank manager never introduced herself or offered her name to me. She was trying to force us to file under an S corp when we are a sole proprietor LLC. The mighty black one never looked me in the face she had her black apathy roll your eye’s in your head on. I will be writing her boss a letter. I will not tolerate rudeness by anyone especially when I’m doing business with you.
Many of you aren’t looking at this the right way.
Banks, at the end of the day, are in this to MAKE MONEY.
Many of you might be asking, why would they be focusing their efforts on the group of people LEAST LIKELY to repay their loans?
Well…think about that for a second.
It’s called…FORECLOSURE.
The bank is masquerading a focused effort on seizing property as “wokeness” and “progressive”.
Make no mistake. Wells Fargo is doing this so it can get RICH foreclosing on properties for pennies on the dollar and then re-selling them.
What was it the people chanted in Iceland?
Wasn’t it…”GIVE US THE JEW BANKERS! GIVE US THE JEW BANKERS!”
This is why.
Prove I’m wrong.
You might be right but some bankers I know hate foreclosures.. They contend that they loose a lot of money on the missed mortgage payments, litigation, etc. sure they can get to sell the property later, but when they go to do that after years of legal wrangling they found a trashed out property nobody wants. Then they are left with the choice of selling it cheap as a fixer upper, or spend tens of thousands bringing the property up to code.
If there was no money to be found there, real estate investors wouldn’t exist.
Point blank, a lot of minorities are getting bank loans for properties they otherwise couldn’t afford. High risk loans are low risk defaults. You’re talking about people who, once the money runs out, can’t begin to afford to pay attorney fees to fight the banks. The vast majority of these foreclosures will be a simple matter of filing the correct paper work with the court and waiting for default judgement.
People need to stop banking or using Wells Fargo credit cards and loans. If you invest with them, get out and buy something from a company who supports your values.
Well, according to the article this happened in Florida. Maybe the good Gov. can stop the state from doing any business with these mooks.
News five years from now: Wells Fargo on brink of insolvency amid minorities defaulting on mortgages and other loans.
GOOD
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