WCCO EYE4 LOGO WCCO Radio wcco-eye-white01, ww color white

Local

Somalis To Close Accounts If Policy Isn’t Changed

View Comments

Get Breaking News First

Receive News, Politics, and Entertainment Headlines Each Morning.
Sign Up
Today's Most Popular Video
  1. Full Interview: Jesse Ventura Talks After Trial
  2. 4 Things To Know For 7/30
  3. Remarkable Softball Player Gets A Look At His Dream Job
  4. Lake Calhoun Hosting Paddle For Humanity
  5. The Lowdown: 'N Sync Album & 'Sharknado 2'

MINNEAPOLIS (WCCO) – Minnesota is home to the largest Somali community in the nation and Saturday people across the metro rallied against a banking policy that affects the Somali community.

Some banks are not allowing money transfers from Somalis living in Minnesota to their loved ones in their home country.

The banks say they’re concerned about money going to terror groups. But the Somalis say their families are desperate for help in the famine-stricken country.

The community wants the banks to reverse the policy. Protesters say 500 Somali Minnesotans have pledged to close their bank accounts with U.S. Bank and Wells Fargo if no agreement is made by May 11.

U.S .Bank released this statement: “We value our relationship with the Twin Cities Somali community. At the request of leaders in that community, we met with them recently to discuss the gap between their existing process and what is required by federal law.”

View Comments
blog comments powered by Disqus