Free For All
MINNESOTA ACORN THIS week unveiled yet another weapon in its ongoing battle with Norwest Banks. The group, which has long asserted that the bank's fee structures are disproportionately hard on the poor, is filing a lawsuit contending that Norwest routinely violates federal consumer-protection laws. According to ACORN organizer Jordan Ash, the group decided to test procedures for opening checking accounts at four Norwest branches in Minneapolis and St. Paul. Federal law requires banks to provide written notice of fees, funds availability, and terms of the account agreement to new customers. Ash maintains that Norwest failed to provide more than half of ACORN's "testers" with the required info: "Out of 28 testers, only six received all the materials. Six others received some, but not all, and the remaining 16 didn't receive any materials."
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