(Charlotte, NC) – On Tuesday October 3rd beginning at 9:00 a.m. hundreds of people will confront Edward Crutchfield and First Union executives at the special stockholders meeting at First Union’s headquarters in Charlotte.
First Union will be voting on the acquisition of First Fidelity, one of the largest bank acquisitions in history. Buses will be arriving Monday night and Tuesday morning from up and down the east coast as part of the campaign to stop this acquisition.
“First Union shows a complete disregard for working people and particularly minorities, they are the invisible bank”, states Bruce Marks, NACA Executive Director. “Fast Eddy Crutchfield must be held accountable for lending practices that destabilize low- and moderate-income neighborhoods.”
Tuesday October 3rd will be a day of action against First Union. The actions will begin at 9:00 a.m. at Two First Union Center in the Auditorium on the 12th Floor.