Wells Fargo cuts 26,500 jobs, shutters branches, declares "excess capital" and drops $40.6 billion on stock buybacks

I don’t understand why anyone uses banks anymore.

They’re untrustworthy, scheming and lose everyone’s money all the time. In addition to being expensive and tending to offer poor rates.

There’s credit unions everywhere and I’ve never heard of a CU selling off all its stock and folding up in order to give the executives billions of dollars in bonuses for violating the trust of their customers.

Don’t reward bad behavior. Do your finances with a credit union.

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