LA: Stop Predatory Sales Goals

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Campaign Update

June 26, 2018

Los Angeles City Council unanimously passed our amendment to the City’s Responsible Banking Ordinance

Banks will now have to disclose their sales goals if they are bidding on banking contracts with the city. They have to disclose if workers are disciplined or terminated based on goals, if they are based on sales or customer services, and what they are.

Press Release

July 3, 2018

L.A. Bank Workers, Residents, Consumer Advocates Join City Council Members in Rally to Celebrate First-in-the-Nation Responsibility Requirements for Banks

L.A. Bank Workers, Residents, Consumer Advocates Join City Council Members in Rally to Celebrate First-in-the-Nation Responsibility Requirements for Banks

In the News

July 3, 2018

Plan to make banks divulge sales goals closer to becoming L.A. law

The Los Angeles City Council has passed an ordinance — the first of its kind in the country, according to supporters — that would require banks seeking to do business with the city to disclose whether they have sales goals or quotas [...]