UFCW Joins Coalition to Oppose Wal-Mart’s Application into Banking

August 11, 2005

The UFCW has joined the Sound Banking Coalition in sending a letter to the Federal Deposit Insurance Corporation (FDIC) opposing Wal-Mart’s application into banking.   In its public application, Wal-Mart has attempted to evade public disclosure of basic responsive information that does not warrant confidential treatment--making it impossible for the public to adequately assess the merits of the Application.

Read the letter sent to the FDIC opposing Wal-Mart's Entry into banking.