Local labor groups launch campaign against U.S. Bank, Wells Fargo

A group of local unions and their allies have launched a new campaign against U.S. Bank and Wells Fargo, demanding that they pay a $15 minimum wage to tellers and the janitors who clean their offices, and work harder to move more minorities into management.

The group, backed by SEIU Local 26, the St. Paul Federation of Teachers, Minnesotans for a Fair Economy and Neighborhoods Organizing for Change, among others, issued the first of what they promise will be a series of reports under the title, “Inside the Vault: Exposing how US Bank and Wells Fargo Harm Minnesota Communities.”

The first report, citing GlassDoor.com, says that Wells Fargo tellers earn only an average of $11.81 per hour and that U.S. Bank tellers earn only an average of $11.60 per hour. Both wages, the group contends, are below average for tellers nationally and force a significant percentage of bank tellers to rely on some form of public assistance to make ends meet.

Read on.

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