Misc. Mondays: Hoffa Tells Teamsters to Cut Ties with KeyCorp

The Teamsters have been on strike at Oak Harbor Freight in Auburn, Washington for the past 4 months, and Oak Harbor’s bank is KeyBank.  The Teamsters also use KeyBank – until now.  According to Hoffa, KeyBank “is playing a critical role in the ongoing dispute by providing funds that allow Oak Harbor Freight Lines to survive.”  So now Teamster locals across the country have informed KeyCorp that they intend to end their financial relationship with the bank.  Because the number of banks are dwindling, it’s plausible that unions will be conflicted out of banking in the United States if they en masse change banks whenever there is a conflict anywhere in the country.  Sounds like offshore banking is in the near future for union bosses.


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