Tuesday, December 4, 2007

Barely Legal Blondes want your Savings Account

As you've heard me rant about before, Wells Fargo Bank holds about 20% of the stock of Playboy Enterprises, Inc. (PLA--click on the link for stock information). Since pornography is against my personal value system (not to mention good common sense for healthy relationships), I don't feel comfortable allowing my money to go to support those who produce pornography. Accordingly, I closed my accounts with Wells Fargo today.
Consider doing the same. If you bank with Wells Fargo, consider whether or not your values support the causes that your bank is choosing to support using your money. Vote with your pocketbook.
The banker was a bit taken aback when I told her my reasons for terminating my relationship with Wells Fargo. She may have thought I was a little bit nutty, but I bet if we all refused to bank with them for that reason, it would send a clear message that the way they choose to invest is not okay with their customer base.
If that isn't enough incentive, several of the other area banks and credit unions have better interest rates, fewer fees, and more perks.

1 comment:

  1. Boo-ya! Way to stand for principle. Wells Fargo was already on my bad list for the way they've treated some of their customers, but that, well, that clinches it. I'm proud of you and I don't even know you.

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