Wells Fargo employees pushing to organize union across bank’s workforce
Third largest bank in the US has faced a series of scandals, from fake accounts to mass overtime pay violations
Workers at Wells Fargo, the third largest bank in the US, are pushing to organize a union across the bank's workforce with Wells Fargo Workers United, a campaign with the Committee for Better Banks, which successfully won the first union contract in the banking industry in 40 years at Beneficial Bank in 2021.
Wells Fargo has faced a series of scandals in recent years, from the fake account scandal in 2016 exposed by whistleblowers with the Committee for Better Banks, to mortgage and auto loan abuses, adding on products to customer accounts without their knowledge, a lawsuit filed this year alleging mass overtime pay violations and, according to a recent report, the bank has used fake interviews to increase records of the bank's diversity efforts.
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