Solidarity at Santander

After evicting hundreds of thousands of families from their homes during the recession, Wall Street is now chasing debtors onto the curb they got kicked to by going after their cars instead, accord

Bank workers in the Committee for Better Banks – a coalition formed by CWA, bank workers, and other community and consumer advocates – are speaking out for better working conditions.

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Dear friends and co-workers,

A union for bank workers: it's the norm throughout most of the world where bank workers enjoy well-paying, secure jobs and workplace protections against problems like sales goals and favoritism. Here in the US, frontline bank workers like me struggle with low wages and predatory metrics that may force us to choose between our jobs and our customers. That's why a union for US bank workers is an idea whose time has come.

Santander Bank disproportionately denied mortgages in low-income communities and to female and minority applicants, according to a study compiled by an advocacy group.

The U.S. bank workers have three demands. The first is greater wages and greater share of the profits, and the second is stable, full-time jobs. Crisp uniforms and polished storefronts aside, bank tellers are solidly low-wage employees — and wages have only taken a downturn over the past decade; as of May 2015, the median annual wage for a bank teller was $26,410.

Outlets of Santander Bank, already under fire for lending practices, denied mortgages to women, minorities and low-income borrowers in the U.S. Northeast more frequently than nearby banks, according to an analysis by an industry reform group on Thursday.

The Committee for Better Banks, a coalition of bank workers, consumer advocacy groups and unions, dug into government data on home loans in the U.S. Northeast, including nearly 10,000 Santander home-purchase applications, and found "a disturbing pattern of racial and economic discrimination."