Demanding Santa Fe, Albuquerque and Bernalillo County Disinvest from Wells Fargo #NoDaPL

wellsThe City of Santa Fe government currently uses Wells Fargo Bank as its primary bank and “fiscal agent,” according to the terms of a 4-year contract that expires in October 2017. On Jan 11 from 7pm-8pm we are asking those concerned about this relationship and in favor of Santa Fe keeping its considerable funds in more socially responsible financial institution to convene at City Hall, 200 Lincoln Ave. Please review this note and prepare a 2 minute speech (it can be less) and join others in the Public Comment period of the meeting. Those not wishing to speak can stand in solidarity with other speakers. Bring signs opposing DaPL and advocating for #DeFundDaPL.  See below for more.

Wells Fargo is one of the top banks financing Dakota Access Pipeline. Unfortunately, this means our local tax dollars are indirectly supporting environmental devastation and massive human rights violations against peaceful #WaterProtectors gathered to defend the sacred treaty lands and safeguard the clean drinking water of Standing Rock Sioux Tribe as well as millions downstream for whom the Missouri River also means, #WaterIsLife. We can make a powerful statement in solidarity with Standing Rock by withdrawing City business from Wells Fargo and other banks who finance the DAPL.

Join us to speak out and give *PUBLIC COMMENT* to the Santa Fe City Council at their first meeting of 2017 to make the following demands and emphasize our community’s strong support for Standing Rock. Our Mayor marched with us from the National Cemetery to Wells Fargo to protest the North Dakota Access Pipeline. And while symbolism is nice, it is time for action.

We demand that the City of Santa Fe cancel its banking relationship with Wells Fargo. We furthermore demand that the City of Santa Fe issue a new Request For Proposals (RFP) for fiscal agent services that includes preference given to financial institutions who do not invest in large-scale new fossil fuel infrastructure damaging our climate and democracy. We act in solidarity with the global #DefundDAPL campaign that has successfully divested 10s of millions of dollars to date from the banks financing DAPL. Still better, we demand that the City of Santa Fe accelerate the process for establishing a Public Bank so that the City is not entangled in another four-year commitment to any other banking institution than its own Public Bank. Our Public Bank will not invest in DaPL, it will invest in projects that benefit our own community.

Bring signs and come prepared to speak during Public Comment.  Click here for details on the Santa Fe City Council Meeting, 200 Lincoln Ave., Jan 11, 7pm-8pm.

A similar protest was held at the Albuquerque City Council last week and one is being organized for the Bernalillo County Commission meeting on January 10. Click here for information on the action for the Bernalillo County Commission Meeting.