Several media outlets reported Occupy Oakland recently voted to deposit a $20,000 donation at Wells Fargo.

“It was a heat of the moment decision over the safety of protesters who were in jail,” Kevin Seal, an Occupy Oakland member, told the San Jose Mercury News. “We want to reassure people we will remove it from Wells Fargo as soon as possible.”

Occupy Oakland's general assembly voted Monday to deposit the money at Wells Fargo, according to the publication.

The donation came from Occupy Wall Street Oct. 16 shortly after several banks, including Wells Fargo were picketed and in some cases, vandalized, local media reported.

Tim Fong, a California attorney, offered to accept the donation in his Wells Fargo client trust account.

“I could've sat back and done nothing,” Fong told the publication, adding he is moving his account to a credit union. “But if there were mass arrests and people hurt, I'd feel really stupid for not doing anything.”

The donation was set to be used to assist those persons who were jailed recently in connection with the clashes with police in Oakland, Calif. Occupy Oakland has said it will eventually move the funds to a credit union.

Instant Insights /

Occupy Oakland Deposits $20,000 Donation at Wells Fargo

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