Resources for San Francisco Consumers Affected by the Wells Fargo Consent Decree
Channel: SFGovTV
Date: 2016-09-24

San Francisco suspending Wells Fargo as a partner in its Bank On San Francisco program, citing predatory and potentially criminal actions against consumers.

On Friday, Treasurer José Cisneros announced free credit counseling resources for Wells Fargo customers in San Francisco. Following mounting evidence that Wells Fargo used personal information about their clients to open accounts without consent, and in some cases transferred funds into those accounts, the Treasurer’s Office is partnering with BALANCE to provide concerned San Franciscans immediate help to check their credit history and understand the implications of this action.