Following the example of a growing number of California cities, East Bay’s San Leandro released a Request for Proposals for a full-service bank to replace Wells Fargo, a full year after the city voted to divest the city from the scandal-ridden bank. San Leandro could be part of the proposed East Bay Public Bank.
The report by Steven Tavares in EastBay Citizen noted:
“With smoke from the Northern California wildfires choking the air in San Leandro, several members of the public at the finance meeting urged for greater urgency. ‘We all know that a city council is capable of moving quicker if our lives depended on it and you’re not behaving in that fashion,’ said San Leandro resident Lawrence Abbott.”
Share this blog post with your friends!