Wells Fargo Becomes First Big US Bank With Unionized Branch

Wells Fargo & Co. is now the first major US bank with union representation for employees in one of its branches.

Workers at a Wells Fargo branch in Albuquerque, N.M., voted 5-3 Wednesday to join the Communications Workers of America’s Wells Fargo Workers United, in an election overseen by the National Labor Relations Board. Employees at a Wells Fargo branch in Bethel, Alaska, are scheduled to vote Thursday on joining the union. Both branches represent a tiny fraction of the bank’s overall workforce, but are meant to spur momentum for a broader union drive.