Skip to main content

National Consumers League picks Bank of Labor

[+]Enlarge

The National Consumers League and representatives of other organizations supporting the NLC protests meet with Bank of Labor Feb. 27 at the bank’s Washington, DC, headquarters. Seated, l. to r.: Karen Duncan, Maritime Trades Department, AFL-CIO; Gwend Johnson, Coalition of Black Trade Unionists, Mike Stotz, AFL-CIO ITC; and Elise Bryant, Labor Heritage Foundation. Standing are Alicia Page, Bank of Labor, Fran Owens, Labor Heritage Foundation, Puja Aura, AFL-CIO ITC and Labor Advisory Board Member for Bank of Labor; Sally Greenberg, NCL Executive Director; Bridget Martin, Bank of Labor; Ed Smith, Ullico and Labor Advisory Board Member, Bank of Labor; Ken Gonzalez, Asian Pacific Labor Alliance; Gerron Levi, National Community Reinvestment Coalition; unidentified; Tammy Truong, Asian Pacific Labor Alliance; and Dr. Tom Krigger, North America’s Building Trades Unions.

The Bank of Labor on March 6 issued the following statement regarding recent actions by the National Consumers League protesting Wells Fargo's policy on mandatory arbitration.

"As a labor majority owned and operated bank, we enthusiastically welcome the National Consumers League as a client. The NCL's decision to withdraw its operating capital from Wells Fargo and open an account with Bank of Labor speaks not only to the mutual respect between our two organizations but also to our common focus on serving the needs of workers and promoting social justice.

"The NCL is renowned for protecting the interests of consumers and workers. We are honored that they have entrusted their funds to Bank of Labor, where a customer's legal rights are not restricted by a policy of mandatory arbitration common with many large Wall Street Banks."

Headquartered in Kansas City, Kansas, Bank of Labor services unions and other progressive organizations and supports labor causes. Bank staff are represented by the United Mine Workers of America. Bank of Labor's new Washington, D.C. office at 815 Connecticut Ave. NW (Connecticut Ave. and I [Eye] St.) is less than a block from AFL-CIO headquarters. www.bankoflabor.com

Tags  Headline News
Published on the Web: March 8, 2017

Latest News

  • BOILERMAKERS JOIN WITH other unions to foster cooperation in the cement industry. Representing the IBB are, in the second row: second from left, Arnie Stadnick, Director – Canadian Industrial Sector Operations Lodge Services; fourth from left Bill Staggs, Executive Director, Cement Lodge Services – ISO; Tyler Brown, Executive Director – ISO; and in row one, at far right, Debbie Goodwin, Research Assistant – ISO.

    Cement network meets in Canada for first time

    Read More

  • National Competition marks 30 years

    Read More

  • Competitors at the National Apprentice Competition face-off at Local 101 in Denver. Front row, left to right: Branden Dormire, L-169 (winner) and Ryan Schroader, L-85 (runner-up). Back row, left to right: Michael Mansbart, L-5 Zone 5; Chance Ellison, L-108; James Hynes, L-154; Alfredo Leyva, L-92; Charles Kouns, L-40 and Craig Rose, L-101.

    L-169 Dormire wins 2017 graduate apprentice title

    Read More

  • Vote for the only 100% union-dedicated outdoor TV show

    Read More

  • C. W. Jones

    C.W. Jones’ vision still going strong

    Read More