Angry that Wells Fargo took federal bailout money and is now posting record profits, a group of moms and their children rallied at an Oakland branch Friday and closed their accounts.
The "Colorful Mamas of the 99 Percent" tried to enter the bank, but the doors were shuttered soon after the protest began about noon at the branch on Franklin street.
The group of 40 marched from Snow Park nearby with about 10 strollers and kids in their arms and carried a banner that said: "Teach Big Banks to Share: We're Moving Our Money."
The first mom to close her account, Mimi Ho of Oakland, brought one of her two children into the bank strapped to her chest and was surrounded by television and newspaper photographers as she filled out the paperwork.
At least three moms closed their accounts before the bank locked its doors.
Wells Fargo, which took federal bailout money during the economic crisis, posted a profit of $15.18 billion for the 12 months ending in September, its highest number for any one-year period.