Tuesday, July 8, 2014

Wells Fargo Bank Accused of Jim Crow Banking Practices

Wells Fargo Bank Accused of Jim Crow Banking Practices

 

By: Rev. Frank Paul Jones - President and CEO - The National Community Network

 

Rev. Frank Paul Jones, President and CEO of the National Community Network, INC., filed a complaint with the Office of Comptroller of U.S. Currency, the Department of Treasury on July 7th, 2014.  The complaint is against Wells Fargo Bank for unfair Jim Crow & Redlining banking practices, with the intent of preventing any type or form of black unity in the South and in Avon Park, FL.  This comes at the beginning our fund raising campaign, to prepare to put into action, "Operation Solution and Response by 1 Nov. 2014.

 

The reason for filing this complaint is because Rev. Frank Paul Jones, who was not even duly recognized as reverend in a letter by the Bank's Store manager Samantha McClelland below, which is another sign of  her disrespect and disregard for black authority and self determination in the South; is that this goes far beyond simply our being denied a savings account in order to be more fiscal responsible by saving the monthly fees associated with banking with Wells Fargo, but they are basically saying these things as well is:

 

1: If we decide to run a crowd-funding campaign (raise money over the internet) for a sick child in the hospital dying with an immediate need, all of our board members and all of our officers from every part of the country must do a roll call and come before Master Samantha McClelland for her approval, here in Avon Park, FL.  This is discrimination and unfair business practices.

 

2: They are saying if our community decides to support someone who may not be politically acceptable by Wells Fargo, to do so that must all show up before Master Samantha McClelland for her approval. This is discrimination and unfair business practices.

 

This opens the black community up to all types of intimidation tactics that can be used to prevent our organizing for our rights.  This may go beyond our battle for voting rights in the South.  This opens all our supporters in key positions in our organization to being vetted by those who may be their oppressors and may act as a deterrent and therefore it is my duty to stand before them and therefore it should be my right as a non profit President & CEO - Agent whose bylaws state he handles all fiduciary responsibilities, who is already doing business with this banking institution with a business checking account, in times of community associated needs be able to act at our full 501 c 3 capacity. What she is doing clearly preventing us for doing our daily business transactions and therefore clearly prevents our organization from properly functioning as we were designed and intended to serve our community.

 

I do not think this was an isolated incidence, but a clear cut conspiracy being exposed proving that Wells Fargo is on a large scale suppressing black investment, redevelopment of community and black unity or our ability to unify for any just causes of our choice without Wells Fargo ability scrutinize us.  And based on their agenda have the authority to serve us or not serve us,  by giving them the ability to target individuals who support our causes out of key positions. These are basic fundamental banking rights being denied for black's in Avon Park, FL. And wherever Wells Fargo does business in the State of Florida.  "We as black people should have equal rights in banking institution or we have no rights at all."

 

The Store Manager was so arrogant as to sign this letter as to say, "Now get out of my bank nigger."  Anyway this is how she made me feel she was handling me. We haven't decided on our next course of action to end these unfair banking practices by Wells Fargo.  Stay Tuned!

 

Rev. Frank Paul Jones - President and CEO

The National Community Network, INC.

 

She was so arrogant as to give me this document, which she signed and therefore there is no denying what happened.

 

This letter is to confirm that on this 3'd day of July 2O14, we are unable to fulfill the request of the

customer Mr. Jones to open a savings account in the name of the corporation in which Mr. Jones is the operating agent of. We are unable to open the business savings account due to the articles of the corporation listing seven additional officers that are not present at the financial institution.

 

I believe this is a wide spread practice at Well Fargo & Company, because the store manager went as far as to sign this letter stating she would deny us banking rights at Wells Fargo, based on bank policy.

 

 

July 3, 2014

 

Samantha McClelland

Store Manager

 

Wells Fargo Bank

Avon Park FL 33825

No comments:

Post a Comment