![]() “We recognize the high number of unbanked households is a complex and long-standing issue that will require gathering the best minds, ideas, products and educational resources from across our communities to bring about change,” said Wells Fargo CEO Charlie Scharf. The BII has support at the highest levels of leadership at Wells Fargo. ![]() In the case of the District, Rolley said Wells Fargo is working with community organizations such as the Capital Area Asset Builders and the Coalition for Nonprofit Housing and Economic Development to explain the importance of obtaining and maintaining a bank account as well as building credit. A recipient of a Bachelor of Arts degree from Rutgers University and a master’s of City Planning from the Massachusetts Institute of Technology, Rolley said educating unbanked consumers about their options is one of the goals of the BII. Equity and Economic Opportunity Initiative. The BII is one of the projects of interest to Rolley, a former head of the Rockefeller Foundation’s U.S. We tell them it is cheaper to go to a bank than to a check cashing store.” “The Banking Inclusion Initiative is designed with residents of those wards in mind, and it meets them where they are. “Ward 7 and 8 residents have intentionally been left out of the banking mainstream, but Wells Fargo is doing something about that,” Rolley said. Our House First Time Home Buyer’s Series.Residents - The Washington Informer Close Wells Fargo's Banking Inclusion Initiative for Unbanked D.C.
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