CRC Submits Letter to OCC on Wells Fargo’s Community Reinvestment Act Performance

December 10, 2012– CRC submitted a letter to the Office of the Comptroller of the Currency (OCC) regarding Wells Fargo’s Community Reinvestment Act examination. CRC shines a bright light on Wells Fargo’s payday product (Direct Deposit Advance), mortgage lending, foreclosure prevention, high-cost bank accounts, and small business lending, and the impact that its practices have on low and moderate income communities. To read the letter in its entirety, please click here.