wells fargo Archives - Rolling Out

A man who allegedly had dreams of living a lifestyle of the rich and famous took a wrong turn on his road to riches. Arlando M. Henderson, an aspiring rapper from Charlotte, was hired by Wells Fargo in April 2019, according to WTHR. With his job duties, Henderson had access to the bank’s vault which…

By now, many know that what happens in Vegas definitely does not stay in Vegas, despite the catchy phrase. Sin City, as Las Vegas, Nevada, is also known, has played host to affairs, gangsters, and tragically mass shootings. But it was a big surprise to Encore Hotel security when they responded to an emergency at a high…

Before all the drama regarding #Hello911TheyBlack this year, back in November 2017 there was another victim of outrageous racism that few have heard about. It is the story of Dr. Barbara Carroll, 78, of Fort Lauderdale, Florida, who went to her local Wells Fargo bank in Victoria Park and attempted to cash a check. Carroll…

Phelon Davis, 29, of District Heights, Maryland, pled guilty in the U.S. District Court for the District of Columbia to interstate transportation of stolen property on Thursday, Sept. 28, 2017. An ex-Wells Fargo bank teller and mortgage broker, he stole $185,000 from a homeless man, who was a longtime Wells Fargo customer. According to the United…

Make Sure you Know the Facts from Myths when Seeking to Own Home June is National Homeownership Month. According to blackdemographics.com, as of 2012 42.5 percent of African Americans own their homes, in comparison to 63.9 percent of all races who are homeowners. Yet, African Americans outpace other races in renting — 57.5 percent (African…

As program manager, supplier diversity at Wells Fargo, Tonia Woodbury exemplifies the model of a successful businesswoman. True to herself and the Charlotte, North Carolina, community, she’s involved with several nonprofit organizations. Woodbury took time to speak with rolling out about the bank’s commitment to diversity and inclusion — particularly supplier diversity — as well as the importance of…

Wells Fargo engaged in a massive, years-long bank fraud scam that affected millions of customers. As previously reported, the bank has fired over 5K employees who created fake accounts and moved funds around without the permission of its customers. This includes employees who have come forward stating that they were pressured by supervisors to engage…

If you’re a Wells Fargo bank customer you should start gathering your past bank records. It has been revealed that workers at the banking giant have been manipulating depositor’s money and accounts. A federal investigation revealed that employees of Wells Fargo across the country have been illegally opening new accounts that include checking, savings and…

Financial independence means different things to different people. Maybe it’s having a certain amount of money in the bank, retiring early or becoming a homeowner. Regardless of our personal definitions, a common factor that can help us on our journey to financial independence is having strong credit. Responsibly managing your credit will impact much more…

Black entrepreneurship is booming. African American women are the fastest growing group of entrepreneurs in America, a new study reveals. The report finds that the number of women-owned business grew 1.5 times the national average, and Black women blow that statistic away. The number of businesses owned by African American women grew 322 percent since 1997,…

Wells Fargo has commissioned Atlanta-based artist Keith Rosemond II to design six original illustrations for the #MyUntold storytelling campaign and has selected three original pieces for customized debit and credit card designs for its customers. The collection of art showcases the stories of African-Americans reflecting and embracing their cultural identity. The campaign sets an artistic platform for all walks of…

So you want to be an entrepreneur in 2016? You are not alone in this goal. According to the SBA, the small-business sector continues to grow. The number of small businesses in the United States has increased 49 percent since 1982. Since 1990, as big business eliminated four million jobs, small businesses added eight million new jobs. But taking…

From Thanksgiving to the 30th anniversary of the Martin Luther King Jr. federal holiday, we’re officially spent. Now it’s time to recover from the holiday hangover and get back on the financial track. Here are three tips from Wells Fargo on how to make it happen. Pay more than the minimum. Pay off your debt and save…

The saga of Blac Youngsta and his $200,000 in cash continues. Initially, it was reported that rapper Blac Youngsta, whose birth name is Sam Benson, was detained by Atlanta police after he withdrew $200,000 from a bank. On Jan. 8, Blac Youngsta was detained by police while in the parking lot of a Buckhead Wells Fargo.…

Atlanta police, who violently detained rapper Blac Youngsta in the parking lot of a Buckhead Wells Fargo on Friday after he withdrew $200K from his own checking account, say the incident was essentially just a big mix up. The incident reportedly began when a Wells Fargo employee alerted police that a man was attempting to cash a…

The rapper Blac Youngsta, real name Sam Benson, was recently the victim of what could only be called “Banking While Black.” The rapper, whose real name is Sam Benson, was intending to purchase a new Mercedes Benz. So, he went to a Wells Fargo branch near the upscale Buckhead section of Atlanta. After withdrawing $200,000…

Wells Fargo gathered students from three of the nation’s leading historically black colleges and universities — Clark Atlanta University, Morehouse College and Spelman College — for an interactive town hall event to promote positive images of African American youth. HBCU alumni, Terrence ‘J’ Jenkins, actor and philanthropist, and Natasha Eubanks, founder and CEO of TheYBF.com, joined…

Steve Ewing, owner of Wade Ford, presented the first show of Wade Ford’s 2015 concert series. The opening show included Grammy nominated Mali Music and multi-Grammy winner Robert Glasper. Others included Jeff Bradshaw and friends, Syleena Johnson of R&B Divas, and special guest Avery Sunshine. The show was hosted by Joyce Littel. Wade Ford presents the second…

Major investments by Wells Fargo, Invest Atlanta and the Annie E. Casey Foundation will allow more than 50 families, couples and individuals to occupy and own renovated former foreclosures in an area that received national attention for the impact of the housing crisis. In a public-private-nonprofit partnership, the three entities are providing close to $2.5…

The UNCF’s national “A Mind Is …” gala was a spectacular event. With 60 HBCU presidents in attendance, they represented the nation’s leading educational institutions. The goal was to raise funds to help UNCF send more young people to college. The theme of “a mind is a terrible thing to waste” was evident as sponsors contributed…