Closing the accounts of a long-time customer who just so happens to be a gun dealer.

https://redstate.com/kiradavis/2023/01/14/wells-fargo-dumps-florida-gun-sellers-accounts-signaling-complete-severing-of-gun-industry-ties-n688554

(Can't seem to create a link in the mobile app)

Haven't all the majors been doing similar things?

Why isn't this discrimination?

Aggieterri said:

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Why isn't this discrimination?

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These protections only work for the left

Sure would be nice to remove that authority from people who would abuse it.

Is there any major bank that isn't woke? I use WF and know it's a horrific pain to change banks, but would be willing to do so if there's a bank that holds, if not conservative values, at least apolitical ones.

ts5641 said:

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Is there any major bank that isn't woke? I use WF and know it's a horrific pain to change banks, but would be willing to do so if there's a bank that holds, if not conservative values, at least apolitical ones.

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All of the big ones are going to be leftist to one degree or another.

Find a local/regional one, or a credit union.

Wells Fargo is in a world of hurt from the federal regulators. I am continually surprised their crooked ass business practices haven't got them shut down yet.

Their CEO, Charlie Scharf, is a yankee liberal who is cutting whatever deals he can to keep from getting hauled in front of congress and subsequently fired like his predecessor.

These deals include ****ing red blooded Americans where they can, first by canceling their accounts and second by getting out of the mortgage business for normal folks.

They have started hiring Europeans and Indians to run the divisions, who have no qualms about socialism and love destroying the American dream.

Switched from WF to a community bank 15 years ago based on service and economics, not politics. Have never looked back.

ts5641 said:

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Is there any major bank that isn't woke? I use WF and know it's a horrific pain to change banks, but would be willing to do so if there's a bank that holds, if not conservative values, at least apolitical ones.

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Cannot post these things. The matrix will find the institution and begin the siege.

Aggieterri said:

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Why isn't this discrimination?

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It is

But it is not illegal to discriminate against non protected classes

Local banks are the way to go, I understand there are some limitations with them but unless you're dealing with multi million dollar accounts…….leave the big banks.

Always bank as local as you can.

Anyone know anything about Texas Regional Bank?

Charlie Scharf is a Jaime dimon protege who spent years at bank one/jp Morgan.

If you need another reason, they also recently announced they will no longer be offering mortgages to new White customers:

https://www.cnbc.com/2023/01/10/wells-fargo-once-the-no-1-player-in-mortgages-is-stepping-back-from-the-housing-market.html

Tanya 93 said:

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Aggieterri said:

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Why isn't this discrimination?

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It is

But it is not illegal to discriminate against non protected classes

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The only "non protected class" is white males. Esp conservative white males. Change my mind.

Brittmoore Car Club said:

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Tanya 93 said:

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Aggieterri said:

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Why isn't this discrimination?

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It is

But it is not illegal to discriminate against non protected classes

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The only "non protected class" is white males. Esp conservative white males. Change my mind.

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Why bother?

What if the owner is Jewish? Or black?

Owning a gun store is not protected is all I posted.

Tanya 93 said:

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Brittmoore Car Club said:

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Tanya 93 said:

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Aggieterri said:

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Why isn't this discrimination?

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It is

But it is not illegal to discriminate against non protected classes

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The only "non protected class" is white males. Esp conservative white males. Change my mind.

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Why bother?

What if the owner is Jewish? Or black?

Owning a gun store is not protected is all I posted.

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Actually a great point. Conservative males are the only non protected class. Not sure there's anyone the left hates more than a free thinking black man who doesn't push their agenda. The white left thinks black people are too stupid to get ID's, so they damn sure better not step off the ideological plantation.

aggielostinETX said:

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Wells Fargo is in a world of hurt from the federal regulators. I am continually surprised their crooked ass business practices haven't got them shut down yet.

Their CEO, Charlie Scharf, is a yankee liberal who is cutting whatever deals he can to keep from getting hauled in front of congress and subsequently fired like his predecessor.

These deals include ****ing red blooded Americans where they can, first by canceling their accounts and second by getting out of the mortgage business for normal folks.

They have started hiring Europeans and Indians to run the divisions, who have no qualms about socialism and love destroying the American dream.

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Local branches have those issues too... Indians, Somalies, etc. in local branches, who cannot relate to their customer bases.
Problem is, the big banks have resources most everywhere you go in the country... and that convenience is attractive.
If they do discriminate against legal commerce, state and federal regulators can step in the middle of them... but they won't.

The Left never ever has to bake the cake.

Tanya 93 said:

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Aggieterri said:

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Why isn't this discrimination?

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It is

But it is not illegal to discriminate against non protected classes

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So the owner is white.

Tanya 93 said:

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Aggieterri said:

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Why isn't this discrimination?

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It is

But it is not illegal to discriminate against non protected classes

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All animals are equal, but some animals are more equal than others

Does TAMU still partner with WF? Hope so.

Wells Fargo is a puppet for the left coast lib politicians. No moral or ethical compass in the company that openly discriminates against white customers and employees across all divisions. Literal poster child for DEI. Malfeasance and corruption abounds.

Johnny04 said:

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If you need another reason, they also recently announced they will no longer be offering mortgages to new White customers:

https://www.cnbc.com/2023/01/10/wells-fargo-once-the-no-1-player-in-mortgages-is-stepping-back-from-the-housing-market.html

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That's not what that says. They're scaling back mortgages by only offering to banking customers. They're also putting more mortgage consultants in branches in minority neighborhoods as a de-risking method for those mortgages. At no point did it even hint at anything close to what you claim.

Thats exactly what it says. And it is the same thing BAC is doing. "Focusing on minority neighborhoods".

They are writing loans to current high net worth customers with low risk and then balancing the risk by writing higher risk lower qualifying loans in lower income areas.

Funky Winkerbean said:

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Tanya 93 said:

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Aggieterri said:

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Why isn't this discrimination?

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It is

But it is not illegal to discriminate against non protected classes

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So the owner is white.

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Gun stores aren't protected classes.

That is all I have ever said on this thread.


When they stop loaning coffee bars money, there may be a point

ts5641 said:

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Anyone know anything about Texas Regional Bank?

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What do you want to know? Several former investors from Texas State Bank took their proceeds after TSB sold to BBVA and bought a single branch in Falfurrias, TX for the charter. That was 10+ years ago. It has grown into a regional bank with branches in the RGV, Houston, Texas HIll Country and Dallas. Board of Directors and Senior Bank Leadership is conservative.

In addition to the info from Carl, I will say that Texas Regional Bank is the best bank that I've ever worked with...

I can't give them enough gold stars, to be honest.