DEPARTMENT OF LABOR

Employment and Training Administration
TA-W-91,642

WELLS FARGO AND COMPANY
DIVISION OF COMMUNITY BANKING
COVENANT MONITORING UNIT
DIAMOND BAR, CALIFORNIA

Certification Regarding Eligibility
To Apply for Worker Adjustment Assistance

In accordance with Section 223 of the Trade Act of 1974, as
amended ("Act"), 19 U.S.C. § 2273, the Department of Labor
herein presents the results of an investigation regarding
certification of eligibility to apply for worker adjustment
assistance.
The group eligibility requirements for workers of a firm
under Section 222(a) of the Act, 19 U.S.C. § 2272(a), are
satisfied if the following criteria are met:
(1) a significant number or proportion of the
workers in such workers' firm have become totally or
partially separated, or are threatened to become
totally or partially separated;
(2)(B)(i)(I) there has been a shift by the workers'
firm to a foreign country in the production of
articles or supply of services like or directly
competitive with those produced/supplied by the
workers' firm; OR
(II) there has been an acquisition from a
foreign country by the workers' firm of
articles/services that are like or directly
competitive with those produced/supplied by
the workers' firm; AND
(ii) the shift/acquisition must have contributed
importantly to the workers' separation or
threat of separation.

The investigation was initiated in response to a petition
filed on March 30, 2016 by three workers on behalf of workers of
Wells Fargo and Company, Division of Community Banking,
Covenant Monitoring Unit, Diamond Bar, California (herein
referred to as "Wells Fargo-Covenant Monitoring"). Workers of
the subject firm are engaged in activities related to the supply
of commercial banking services.
Section 222(a)(1) has been met because a significant
number or proportion of the workers in Wells Fargo-Covenant
Monitoring have become totally or partially separated, or are
threatened to become totally or partially separated.
Section 222(a)(2)(B) has been met because the workers'
firm has shifted to a foreign country the supply of services
like or directly competitive with the commercial banking
services supplied by the workers which contributed importantly
to worker group separations at Wells Fargo-Covenant
Monitoring.
Conclusion
After careful review of the facts obtained in the
investigation, I determine that workers of Wells Fargo-Covenant
Monitoring, who are engaged in activities related to the supply
of commercial banking services, meet the worker group
certification criteria under Section 222(a) of the Act, 19
U.S.C. § 2272(a). In accordance with Section 223 of the Act, 19
U.S.C. § 2273, I make the following certification:
"All workers of Wells Fargo and Company, Division of
Community Banking, Covenant Monitoring Unit, Diamond Bar,
California, who became totally or partially separated from
employment on or after March 29, 2015, through two years
from the date of certification, and all workers in the
group threatened with total or partial separation from
employment on the date of certification through two years
from the date of certification, are eligible to apply for
adjustment assistance under Chapter 2 of Title II of the
Trade Act of 1974, as amended."
Signed in Washington, D.C. this 9th day of September 2016.
/s/Del Min Amy Chen
______________________________
DEL MIN AMY CHEN
Certifying Officer, Office of
Trade Adjustment Assistance