next is marked with wells fargo. >> hello, i work for wells fargo bank. i cover the northern california region. i usually focus on about $350 -- $350,000 of sbe loans. last year, for 2010, i did 43 loans. so we are lending. i usually focus on six different types of loans. start-ups, business acquisitions, real estate purchases with ti's, working capital, a partner buyouts, business expansion. when i am looking at a potential loan, i use the standard five c's of credit. the first one is character. what we are looking for is a minimum score around 640. we would like to say no recent bankruptcy foreclosures, bankruptcies, tax liens. if we see a loan that has been modified, we would like to see a reason it was modified, what ever reason it may be. it cannot be, i did not want to pay that payment any more. the second c, conditions. basically, how precise will the money be used? we are looking at a business plan. when you look at a business plan, that is just a start up. we are looking to see where there will be the need for lending. if you are an existing busi

wells fargo is very pleased to be here. wells fargo has a commitment to invest in the communities in which it has a presence. this is our headquarters city. wells fargo takes significant deposits in san francisco, and therefore, wishes to give back to the city. unlike rich, i always have to say that in my talks, but that is an important part of how we do our business. we are a financial institution. we could not invest in the city unless we had partners like tndc to work with. like everyone else, we are pleased there is a community organization that knows but they are doing. we feel comfortable with them. they are on solid ground financially, but they also know how to develop these particular types of rehabs which are actually very difficult to do. they have a very strong population that they manage and they do so with a great skill set. we are pleased to work with them. as mayor lee mentioned, these projects are of tremendous partnerships with many partners. this project would have never occurred, unless it was in san fran

. >>> wells fargo customers will not have access to atms past a certain time.map shows atm locations where they are limiting access. customers will need to check for the new times. kron4's dan kerman tells us why the bank is making the change. >> this wells fargo -- [ indiscernible ] >> i'll be working pretty late and when i try to come here to do a deposit, use the atms at night, they start closing at 8:00. >> reporter: at 8:00 p.m., not only does this wells fargo shut down, but several others. >> i can go to bank of america and it's still open. the u.s. bank right across the street is still open. i don't know. i live two blocks that way. >> reporter: wells fargo says customer safety is its number one priority and crime stats played a role in its decision. robberies in the mission district are up only slightly, there has been a sudden surge over the summer. while there were 46 robberies from january to february, the total number dropped off from february to june but then robberies sky-rocketed from june to july. the police department's tracking system doesn't

shots have been fired and a police search is under way around the wells fargo bank in the pinole district shopping center. i'm in for terry mcsweeney. >> i'm cheryl jennings. one person has been killed and officer and security guard were injured. incident happened around 9:15 this morning. mark matthews is near the scene. do we know hot victim is yet? >> reporter: no, we have not heard yet. we are half a mile from the scene. we are on the west side of i-80. this is happening on the east side of 80 at the wells fargo, right there in the shopping center on the east side. about 9:15 a loomis armored car truck was making a delivery and robber approached the bank and tried to rob the truck or the bank. from there we are told that there was shots fired, at least two people injured on the police side. a pinole police officer and a security guard. i'm told they are both okay but there is a body in the street on fitzgerald next to the wells fargo bank. we believe that is one of the bank robbers, police are searching the other shops in that shopping center for a possible second suspect. a witness t

this wells-fargo branch.t a time, they went in to close their accounts. one priest says he withdrew all $125,000 of his parish's funds. >> they say that they're doing a good job. but you know, the reality is that if they're doing a good job, how come they have all of these people losing their homes. >> reporter: they got federal bailouts, but these leaders say the banks aren't doing enough to work with homeowners who's mortgages are under water. instead of modifying loans, homeowners say they're being pushed out. >> i have been in a several year battle with wells- fargo,ing trying to get them to give me a loan modification which would include a principle reduction. >> reporter: leaders of the oakland educator's association and church leaders are urging thousands of members to also close their accounts. >> we're hoping there's a ripple effect, and the power of everybody taking their money out together would show the banks that we have power. >> reporter: a spokeswoman said in a statement today, we make every a

this wells-fargo branch.time, they went in to close their accounts. one priest says he withdrew all $125,000 of his parish's funds. >> they say that they're doing a good job. but you know, the reality is that if they're doing a good job, how come they have all of these people losing their homes. >> reporter: they got federal bailouts, but these leaders say the banks aren't doing enough to work with homeowners who's mortgages are under water. instead of modifying loans, homeowners say they're being pushed out. >> i have been in a several year battle with wells- fargo,ing trying to get them to give me a loan modification which would include a principle reduction. >> reporter: leaders of the oakland educator's association and church leaders are urging thousands of members to also close their accounts. >> we're hoping there's a ripple effect, and the power of everybody taking their money out together would show the banks that we have power. >> reporter: a spokeswoman said in a statement today, we make every attem

shots have been fired and a police search is under way around the wells fargo bank in the pinole district shopping center. i'm in for terry mcsweeney. >> i'm cheryl jennings. one person has been killed and officer and security guard were injured. incident happened around 9:15 this morning. mark matthews is near the scene. do we know hot victim is yet? >> reporter: no, we have not heard yet. we are half a mile from the scene. we are on the west side of i-80. this is happening on the east side of 80 at the wells fargo, right there in the shopping center on the east side. about 9:15 a loomis armored car truck was making a delivery and robber approached the bank and tried to rob the truck or the bank. from there we are told that there was shots fired, at least two people injured on the police side. a pinole police officer and a security guard. i'm told they are both okay but there is a body in the street on fitzgerald next to the wells fargo bank. we believe that is one of the bank robbers, police are searching the other shops in that shopping center for a possible second suspect. a witness t

. >> having modification by wells fargo bank and it was very generous. >> reporter: her battle to save her house started a year and a half ago after she was ejected. she got a locksmith to break in to her house and been squatting there every since. >> i repossessed my home. took what was mine. >> reporter: she started working with the alliance for californians, when i took these pictures in june she was expecting deputies to evict her for a second time. at that time they sent out an e- mail that generated 1600 e- mails and phone calls to wells fargo bank and got several lawmakers to write the bank and persuade them to negotiate. she says one of one of agreed modify her home loan, reducing her principal by $100,000, forgiving her second loan and missed loan payments. wells fargo bank says they have been trying to work with her for two years as part of their commitment to helping homeowners. she is feeling victorious. >> feel great. worth the fight and that's what we have to do, we have to fight for what we want. >> reporter: maureen kelly, kron 4 news. >>> still ahead on -- we tell you

taken to the map that shows atm locations that wells fargo is limiting access.rket street near civic center is open from 6:00 a.m. until 8:00 p.m.. the same for 16th and mission, but why is the bank doing all of this? dan kerman joins us now he is live and has the answer. >> wells fargo says that the crime statistics and the increase in crime played a role in their decision. at the end him right here, people were here and they keep walking up but this time now says out of service. >> this will forgo a 22nd and mission, there is a brisk after work business only if you get your before 8:00 p.m.. >> i work late in when i try to come here at night in use the atm they start to close at 8:00 p.m.. >> not only does this woman told of the wells fargo at 15th and mission and another one near the civic center. >> i think that-strange because i could go to chase down the street and they're still open, i can go to the bank right across the street and it is still open i think i work and live about two blocks away from here and it is not a high crime area. >> they say san fra

we have seen a couple of guards outside the store and saw one inside by the wells fargo branch. both wells fargo and bank of america have said that they have increased security in this area. >> it's like back in the depression days, you know, with gangsters and, you know, they -- the bonnie and clyde people, you know. >> reporter: no one is surprised to hear that in this economy a number of banks have been robbed on i-80 in recent months. starting in july there have been two bank robberies in vacaville, one in dixon, flee vallejo, one in benicia, three in vallejo, and last week the attempted robbery of a loomis armored car in front of a bank in pinole. >> i use atms because nowadays you don't feel safe anywhere. i just like to get to the atm and get out. >> reporter: so avoid going inside the bank for your safety? >> yeah. >> reporter: in an email to cbs 5, a bank of america spokesman wrote, we are constantly adjusting our security strategy to deter potential crimes and address live time incidents. this is true for our banking centers in vallejo and along the i-80 corridor where

bevan this was the investigation at the swells fargo. attempting to rob this armored truck at this wells fargo. they're wondering if this was planned out and previous incidences. >> we believe that this could be connected to other robberies but it would not go into details because of the ongoing investigation. one of the suspects was killed after he attempted to grab a gun. freddie daniel was still in the hospital was critical condition after a gunfight with a security guard. this man, drove him to the hospital both of them arrested, murder, robbery charge. >>pam: this evening, new details of the 49ers brawl from last weekend a situation of left to people with gunshot wounds and one with injuries on the face. j.r. stone. . >> one of the men that they were shot outside of candlestick park in this video. his sean whis sot in the stomach and---today will today. >> this is a police sketch. grabbing a man by his neck, slamming his head against the wall. >> this behavior will not be tolerated. spoke out. the shootings outside the stadium. >> w

and employees at wells fargo huddled a block away. police went through the center on both sides, and then, got word that the second suspect turned up in a local hospital with a gunshot wound. >> he went to doctor years hospital and he was treated and air lifted to another hospital. >> it was a long day of waiting for those caught in traffic and at the shopping center. >> they told me to get out of there. i started walk up the street. my truck is there. >> and i had to work and i had to do a couple things in my job. they don't let me. >> how long before they'll let you get to it? >> who knows. i've got my kids waiting for me. >> and you can see fitzgerald drive still closed. the shopping center still out of bounds, police guarding entrances, i'm told two suspects in the robbery matched a dripgs of two men who held up a brinks truck last month, outside of the merchant's bank. that is just blocks from where we are now. >>> a very dangerous maneuver getting underway to stop a burning rail car filled with propane from blowing up. thousands

i do have one question for wells fargo. what are the typical rules for applying for sba loan of less than $50,000? how much money do we need to have in your bank to apply for a loan? >> i am on the smaller side of the bank. i am a transaction guy. i do not technically require one to have an account to do a loan with. what i look for, i generally start at 100,000 and up. when it is a requirement of 50,000 or less, i tend to call of the micro guys to help me out. that is right in their box. for us, the capacity for us to do the smaller side is not there as much as it is for them. on getting a loan through my side of the bank, i do not require an account to do that. we would like to have it, but i do not require it. >> last question for the opportunity fund and a critic representative. are you a cdfi? is san francisco and s.p.a. in support of cdfi's being established in san francisco? >> yes, we are. we were founded in 1999 with a small business loan. that is how we started our tenderloin office. >> opportunity fund is a certi

the wells fargo bank where all this happened is in this shopping center to the left of fitzgerald. just within the last half hour, the police chief held a brief press conference and the latest information is one pinole officer injured, shot in the shoulder, his injuries are not life-threatening. one armored car guard is injured. his status unknown. one suspect is dead and one suspect is in the hospital. the armed robbery happened just after 9 as kevin gilligan arrived to get a haircut near wells fargo. >> i pulled in the parking lot to get a haircut, and i got inside the door and we heard three or four shots. i looked back and saw a black guy running down from the armored car, around the corner. >> two officers initially responded to calls for help and moments later shots were fired. >> two or three more shots, we saw one of the police officers or two of them carrying back another officer, looked like he was shot in the leg. and then i don't know if i heard more shots, but -- we saw scrambling and shotguns running towards the front. >> a loomis guard was also injured. and the two s

this happened at the wells fargo bank at 9:30 a.m. on fitzgerald drive.ficer and security guard were hit by fire and will survive. officers have closed off the street in that area for the investigation. so avoid that area of fitzgerald drive if possible in pinole. >>> it is big, strong and hurricane irene may be bearing down on the east coast very soon. the category 3 storm is now southeast of the bahamas packing winds of nearly 115 miles an hour. evacuations are under way on north carolina's ocracoke island. the storm may hit the state by the weekend and then head up coast to new york and perhaps even new england. and the last one to hit new england was on, oh, august 18th, 1991. >> you know that why? >> hurricane bob. because i got married that day. [ laughter ] >> and it added a little spice to an already fun and crazy day. >> they say when it rains on your wedding apparently it's a good omen. >> that was 20 years ago. >> you will never forget the date. >> memorable in many ways. >>> it is gorgeous outside today, beautiful yesterday too and toasty inla

it happened outside of a wells fargo bank in the pinole vista crossing shopping center. goodrich shows us how it went down. >> it's scary. here it is going to the store to get breakfast and end up in a robbery. >> witness dare darius johnson was caught in the cross fire. police say two armed suspects tried to rob an armored guard outside wells fargo bank on fitzgerald drive. that's when shots rang out. >> there was a gunfight, so to speak, on the fitzgerald side of the wells fargo bank. >> a female guard was shot and injured in the cross fire. a pinole police officer responding to the incident was shot in the shoulder. one of the suspects was shot and killed. the other suspect tried to flee the scene. >> he was attempting to run across the street and all of a sudden i heard a couple shots fired and i saw his body drop to the ground. >> police believe the other suspect somehow managed to drive himself 15 minutes away to doctors medical center in san pablo to be treated for a gun shot wound. >> we believe that suspect was involved in a gunfight prior to pinole police arriv

it happened outside of wells fargo in the crossing shopping center. juliette tells us how it unfolded. >> it's scary, it's like, here it is going to the store to get breakfast. >> witness darius johnson was caught in the cross fire. two armed suspects tried to rob an armored guard outside wells fargo bank on fitzgerald drive. that's when shots rang out. >> there was a gunfight, so to speak, on the fitzgerald side of the wells fargo bank. >> a female guard was shot and injured in the cross fire. a police officer responding to the incident was shot in the shoulder. one of the suspects was shot and killed. the other suspect tried to flee the scene. >> he was attempting to run across the street and all of a sudden i saw a couple shots fired and i saw his body drop to the ground. >> police believe the other suspect managed to drive himself 15 minutes away to doctor's medical center to be treated for a gun shot wound. >> we believe that suspect was involved in a gunfight prior to pinole police arrival with a member and armed security guard from the truck wh

police say two armed suspects tried to rob a loomis armored guard outside wells fargo bank in pinole on fitzgerald drive when shots rang out. >> there was a gunpoint so to speak on the fitzgerald side of the wells fargo bank. >> reporter: a female loomis armored guard was shot and injured in the crossfire. a pinole police officer responding to the incident was shot in the shoulder. one of the suspects was shot and killed. the other suspect tried to flee. >> i heard a couple of shots fired and i saw his body drop to the ground. >> reporter: police believe the other suspect somehow managed to drive himself 15 minutes away to doctors' medical center in san pablo to be treated for a gunshot wound. >> we believe that suspect was involved in a gunfight prior to pinole police arriving with a member -- an armed security guard from the loomis truck who was also shot. >> i didn't know anything. i saw it was away from me so i just stayed where i was at and i was trying to turn to go that way and they directed me over here. >> reporter: the pinole police officer who was shot has been with the po

now they are in front of a wells fargo branch.o far it's been peaceful but we are told in the last five minutes, police have arrived on the scene although from that picture, it's hard to see the police presence and exactly what they are doing but we'll keep an eye on the breaking news in san francisco. >>> at a time when many are cutting back, this. >> i feel honored, lucky, proud. i'm ecstatic. it's like i won the lottery. >> why one bay area fire department is ready to hire. >>> from the cbs 5 weather center, good evening, everybody. now, we have been noticing a particular neighborhood that has warmed by 10 degrees today. and the neighborhood that is will remain cool for the weekend. pinpoint forecast as eyewitness news continues on cbs 5. ,,,, when your eyes are smiling... you're smiling. and when they're laughing... you're laughing. be kind to your eyes... with transitions lenses. transitions adapt to changing light so you see your whole day comfortably... and conveniently while protecting your eyes from the sun. ask your eyec

fargo. the big drag on the dow industrials was insurance company travelers-- shares sank 3%. today's drop takes the stock to a new 52 week low. one analyst calculates travelers gets 11% of its insurance premiums from the northeast, which is bracing for hurricane irene this weekend. the energy sector was the weakest today. independent producer q-e-p led the sell-off, followed by halliburton, then marathon petroleum. each fell at least four percent. european stocks also saw selling. this is the exchange traded fund following germany's stock germany had been a picture of market. germany had been a picture of strength in europe, but concerns surfaced today that a ban on short selling in other european markets may expand to germany. however, the finance ministry said there is no general plan to ban short selling. a couple of losers off of their earnings reports. dental equipment maker patterson fell hard, down 10 %after its earnings came up short. and food company hormel shed 7% after a shortfall

last but not least, we have our conditional lender represented here by wells fargo. mark cyrus is the senior fda banker for the region -- the senior sba banker. he held businesses choose the best loans for the growing business and focus on a comprehensive understanding of their goals for their business. mark is responsible for helping entrepreneurs with sba loans every step of the way. i would like each of you to speak a little bit about what your organization does and, more importantly, address the audience here and let them know what your looking for when you are hoping to fund their loan. we will start with you, mark. >> absolutely. thank you. i want to thank speaker pelosi for putting this together. i want to thank all of the of for coming out on a smell it -- snowy san francisco date. [laughter] we've been told we should get us know when we go back outside. not sure what to expect. second, i thank speaker pelosi for all the work she did to support the jobs act and before that, the stimulus bill, the original american recovery act bill that allows sba to be able