Wells Fargo Bank
Popular Accounts at this Bank
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 0.95% | 5-year CD | 58 Month CD Special 2.25% - Bank of Internet USA 60 Month CD |
| 0.05% | 1-year CD | 1 Year CD 1.50% - Ally Bank No Penalty 11-Month CD |
| 0.01% | Savings | Platinum Savings - Standard Interest Rate |
Wells Fargo Bank is a publicly traded bank that operates as a subsidiary of Wells Fargo & Company, one of the largest financial holding companies in the world. The bank is one of the largest in the United States as measured by assets as well as deposits. With tens of millions of customers, thousands of retail branches and tens of thousands of ATMs, the bank’s presence is recognized in every state. It offers personal, small business, and commercial banking products and services, in addition to wealth management and investing advising.
On its personal banking side, Wells Fargo offers checking, savings, Money Market, Certificate of Deposit (CD) and IRA accounts, in addition to mortgage and consumer loans. One of its most popular checking account options comes with a debit card, as well as a monthly service fee unless minimum balance requirements are met. The bank pushes its student checking account in a combo package with its savings account to encourage saving, and Wells Fargo partners with colleges to provide students the ability to use its debit card for both on and off campus transactions. Savings account options come with minimal interest rates on basic savings, retirement savings, and even retirement savings accounts. Money Market accounts offered by the bank have a minimum daily balance requirement and come with very low interest rates. CDs are available in term lengths ranging from 3 to 58 months and a step up CD provides a way to increase the rate on a 24-month CD every 6 months for the life of the product.
A private bank is also available to provide customers wealth planning and trust solutions that are tailored to specific investor needs and goals. On its small business side, Wells Fargo offers loans and credit, business insurance, and merchant services like payment processing and tax help.
Wells Fargo Bank online banking is a secure banking platform on which customers can open and manage their accounts. The web-based system provides the ability to complete tasks like Bill Pay, money transfers, online brokerage, account activity viewing, direct deposit, and check image viewing. A mobile website (wf.com) provides an optimized Internet solution for customers to access their accounts from a web browser on any capable device. Mobile banking apps are also available and provide a more sophisticated way to bank on the run from various smartphone and tablet devices.
Wells Fargo Bank was originally established as the Crocker-Citizens National Bank in 1870, before transitioning to its current name in 1986. Since that time, the bank has rapidly acquired many financial institutions and divisions to become one of the largest companies in the world. Wells Fargo corporate headquarters are located in San Francisco, California, while Wells Fargo Bank is headquartered in Sioux Falls, South Dakota. The bank operates through thousands of branches located through the United States.
Related Posts
5/10 - Wells Fargo Long Term 3.00% Callable Step-Up CD Via TD Ameritrade
3/8 - Wells Fargo Offers Easy $250 Checking Bonus
10/2 - Wells Fargo & Company: The Teflon Bank?
8/4 - Wells Fargo Everyday Checking $100 Offer
11/14 - Wells Fargo To Sell $8.5B In Government-Backed Student Loans To Navient
11/3 - Wells Fargo Faces Whistleblower Lawsuit Over Wachovia's Banking Practices
10/30 - Wells Fargo Ordered To Pay $203 Million In Debit Card-Posting Scam
10/7 - Free Credit Score Promo Not A Big Deal When There Are Free Alternatives
9/23 - Wells Fargo Arm Fined $5 Million Over Broker’s Insider Trading
3/17 - Wells Fargo’s $100 Checking Account Bonus - May Be Targeted
2/14 - Wells Fargo Edges Back Into Subprime As U.S. Mortgage Market Thaws
12/9/13 - Wells Fargo Tests Google Glass App: 5 Things To Know For The Week
11/26/13 - Wells Fargo Tests New Checking Account In Three States
10/17/13 - Wells Fargo’s Checking Account Bonus - Limited Areas
10/17/13 - History of Wells Fargo Bonus Payouts
10/3/13 - Wells Fargo Fires Workers Accused Of Cheating On Sales Goals
9/19/13 - Wells Fargo Account Holders: Take Note
8/21/13 - Wells Fargo To Cut 2,300 Mortgage Jobs As Refinancing Slows
7/25/13 - Wells Fargo Becomes World's Most Valuable Bank
7/10/13 - Wells Fargo Refuses to Honor an Old Cashier’s Check
5/16/13 - Wells Fargo Ordered - Again - To Pay $203M In Overdraft Case
5/8/13 - Complications at Wells Fargo When a Bank Account Lacks a Beneficiary
4/16/13 - Wells Fargo Mini-Branches And The Shrinking Retail Footprint
3/26/13 - Wells Fargo Says Cyber Attack Disrupting Website
2/7/13 - Woman Loses Heirlooms In A Wells Fargo Safe Deposit Box
1/11/13 - Wells Fargo's Q4 Earnings Report - Insights For Depositors
12/19/12 - Problems At Wells Fargo Website May Indicate New Cyber Attack
11/26/12 - Insights into Deposit Growth and Low Rates from Wells Fargo's CEO
10/26/12 - Wells Fargo Sending Out Refunds To Some Mortgage Customers -- In Step To Block Lawsuits
10/24/12 - Wells Fargo's Free Credit Score Promo & Other Free Credit Score Options
9/14/12 - A Binding Contract, But Not For Wells Fargo
8/29/12 - Wells Fargo Won’t Talk To Me Because I’m Not My Dead Mother
8/15/12 - Wells Fargo To Pay More Than $6.5 Million To Settle SEC Charges
8/14/12 - Electronic Receipts From Wells Fargo ATMs And Tellers
7/24/12 - Wells Fargo Rolling Out New Mobile Banking Services
7/3/12 - Wells Fargo Fee Disclosures: Bank Joins Chase, TD Bank With Shorter Forms
7/3/12 - Wells Fargo's Roll Out Of Checking Fees Hits D.C. Area
5/16/12 - Wells Fargo To End Free Checking In Carolinas
4/30/12 - Wells Fargo Won't Let Man Access His Safe Deposit Box, He Misses His Mother's Funeral
3/25/12 - How Do Big Banks Allocate Deposits In The Internet Era To Branches?
3/8/12 - Wells Fargo To Charge $7 Fee On More Checking Accounts
3/3/12 - Transactions On Closed Checking Account- Not Subject To Wells Fargo Only**
1/21/12 - Phoenix Woman Blames Wells Fargo For $5,200 Loss
1/17/12 - Wells Fargo Q4 Earnings Report & My Review For Future Deposit Rate Insights
12/22/11 - Correcting An ACH Transfer That Goes To The Wrong Account
12/7/11 - Wells Fargo Changes Consumer Agreement, Banning You From Suing Them
11/18/11 - Resolution on My Wells Fargo CD Beneficiary Problem
11/13/11 - My Problems with a Mega Bank Part 1 - Wells Fargo
11/12/11 - Wells Fargo Pushing Its New Way2Save Savings Account
10/31/11 - Wells Fargo Backs Off Plans On Debit Card Fees
10/20/11 - Wells Fargo Mails Customers The Wrong Bank Statements
10/19/11 - Wells Fargo Debit Fee Questioned As Bank Records Record Profit
9/15/11 - Harder To Avoid Checking Account Fees At Wells Fargo
9/9/11 - Higher Wire Transfer Fees at Wells Fargo and Citizens Bank - Wire Alternatives
8/16/11 - Wells Fargo To Begin Charging Debit Card Fees In Certain States
7/27/11 - Wells Fargo Target Of Justice Department Probe; Agency Alleges Discriminatory Lending
6/17/11 - Wells Fargo To Stop Making Reverse Mortgages
5/26/11 - New Person-to-Person Payment Venture Launched by Chase, Bank of America and Wells Fargo
5/18/11 - Update On Wachovia-To-Wells Fargo Conversions
4/14/11 - Wells Fargo Is Testing Visa Smart Cards
3/28/11 - Wells Fargo Joins Chase In Cutting Back On Debit-Card Rewards Programs
2/28/11 - Wells Fargo Leads In The Hard Sell
2/9/11 - Nationwide Outage Hits Wells Fargo ATMs
10/25/10 - Wachovia To Wells Fargo Georgia Conversion
8/17/10 - Excessive Withdrawal Fees from Bank of America, Citi, Wells Fargo and Ally
7/27/10 - Wells Fargo Appears to be Slowly Killing Wachovia's Way2Save Program
6/24/10 - Foreign ATM Transactions At Wachovia And Wells Fargo
6/20/10 - TX & KS Wachovia Branches & Accounts Converting To Wells Fargo On July 24
3/9/10 - Wells Fargo $50 Checking Account Bonus in a Few States
2/1/10 - Wells Fargo's New ATMs That Allow Cash and Check Deposits without Envelopes
1/25/10 - Update on Wells Fargo's New Way2Save Program
10/12/09 - Details of Wells Fargo's New Way2Save Program - Big Changes from Wachovia's Way2Save
9/22/09 - Wells Fargo Executive Fired for Partying in Foreclosed Home
2/3/09 - Wachovia Checking Account Bonuses, News, CDs and Other Deals
10/14/08 - $75 Checking Account Bonus at a Wachovia Branch in Dallas - Plus Recap on Wachovia News & Deals
10/3/08 - Wachovia to Merge with Wells Fargo Instead of Citigroup
9/3/08 - Update on Wells Fargo $50 Checking Account Bonus
7/16/08 - 5.25% 7-Month CD at Wells Fargo
6/26/08 - $75 Checking Account Bonus at a Wachovia Branch in Dallas - Plus Recap on Wachovia Deals
5/6/08 - Wachovia's Way2Save Savings Account Golf Promo - 16% for 3 Months
11/4/07 - $50 Checking Account Bonus at Wells Fargo - No DD Requirements in Some States
3/28/07 - Update on Wachovia's 5% Money Market Account and Other Promotions
2/14/07 - Wells Fargo's Free Online Trades
6/11/06 - History Behind World Savings Bank
9/13/05 - Wells Fargo Featured CDs
Wellsfargo on th go!
I can say that my experience with the online features of this bank was very smooth and hassle free. This is where my company deposits their pay to me, my businesses too and other form of transactions so it's a hassle for me if I have to go to the bank physically and update my account for any deposits made. All I have to do is log on to their website and have my account summary just like that, it's very convenient and easy to use. I also have tried contacting there customer service for some questions regarding my account and they replied quickly on that same day, it took them at least 4 hours to respond to me but that's okay, that's a lot better than physically going to there banks.
Great Banking
I like Wells Fargo. I think its a great institution that takes care of its costumers. I opened a savings account a couple of months ago because I was quite unpleasant with my other bank. I was happy that I made this choice because so far the service has been great and I feel appreciated as a customer. I think that its important for a bank to leave its customers in a positive note and this is what Wells Fargo does for me. I like the movie experience and also that the process to make transactions is quite easy. Overall I would say that my experience is a 4 out of 5 star one. I think this institution can improve in some ways but so far I'm glad and think that I will remain loyal to this bank for a long time. I think this banking institution is doing things right and that is what matters the most at the end of the day.
Careful
When banking with Wells Fargo, be extremely careful to keep all your receipts. I deposited a cash amount of one thousand dollars, I forgot to get my receipt. i went to buy something and there was no money in my account. I quickly went to the bank and it took five days to get my deposit situated. and I had to go with out my money or any money until they resolved the issue. On top of that , I had to wait an additional seven to ten days to get my money back into my account. I closed my account and will never go there again. I would actually consider maybe the old time "money in a sock" method.
Not so Wells Fargo
I absolutely did not like my experience with Wells Fargo. This was the first bank I opened an account with when I became of age. I thought I was in love at the time and opened a shared account with my partner. I was supposed to have total control of the accounts, including hers. Well, things went bad between us and she had went and taken all the money out of my account and spent it. I went into the bank and told them I wanted her off and asked them how she had gotten into my account. They couldn't give me one answer. Apparently she manipulated someone there to give her access to one of my accounts with them. I got the paper to sign to get her off of my account and she refused to sign it for a while. I called and told them to take her off or I would contact their manager about the person that let her gain access to my account and they finally took her off because I was not very happy.
Data as of Q2 2017
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 3511 |
| Year Established | 1870 |
| Employees | 237944 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.18% |
| Return on Equity - YTD | 12.89% |
| Annual Interest Income | $26.64B |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2017vs Q2 2016 | $1,731.9B$1,699.4B |
| Loans | Q2 2017vs Q2 2016 | $938.5B$921.4B |
| Deposits | Q2 2017vs Q2 2016 | $1,359.8B$1,293.5B |
| Equity Capital | Q2 2017vs Q2 2016 | $163B$158.1B |
| Loan Loss Allowance | Q2 2017vs Q2 2016 | $10.28B$10.65B |
| Unbacked Noncurrent Loans | Q2 2017vs Q2 2016 | $9.92B$13.23B |
| Real Estate Owned | Q2 2017vs Q2 2016 | $765.0MM$1.04B |
Always verify rates and promotions with the bank or credit union. We are not Wells Fargo Bank; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
† The rates for some products vary by region. In these cases we have listed the rates for the region closest to the bank's headquarters.
Wells Fargo Bank Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.06%*† | $25k* | - | Business Platinum Savings - Standard Interest Rate | ||
| OTHER TIERS: 0.05% → Up to $25k | |||||
| 0.06%† | - | - | Platinum Savings - Standard Interest Rate Bonus | ||
| 0.05%*† | $100k* | - | Wells Fargo Retirement High Yield Savings | ||
| OTHER TIERS: 0.03% → Up to $100k | |||||
| 0.03%† | - | - | Wells Fargo Retirement Way2Save Savings | ||
| 0.01%† | - | - | Wells Fargo Way2Save Savings | ||
| 0.01%† | - | - | Platinum Savings - Standard Interest Rate | ||
Wells Fargo Bank Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.03%† | - | - | Business Market Rate Savings |
Wells Fargo Bank Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.05%*† | $5k* | - | Portfolio by Wells Fargo | ||
| OTHER TIERS: 0.01% → Up to $5k | |||||
| 0.01%† | - | - | Preferred Checking | ||
Wells Fargo Bank CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.01%† | $5k | - | 58 Month CD Special - Bonus | |
| 0.95%† | $5k | - | 58 Month CD Special | |
| 0.95%† | $5k | - | Business 58 Month CD Special | |
| 0.80%† | $5k | - | 39 Month CD Special - Bonus | |
| 0.75%† | $5k | - | Business 39 Month CD Special | |
| 0.75%† | $5k | - | 39 Month CD Special | |
| 0.70%† | $5k | - | 19 Month CD Special - Bonus | |
| 0.65%† | $5k | - | 19 Month CD Special | |
| 0.65%† | $5k | - | Business 19 Month CD Special | |
| 0.35%† | - | - | Business 60 - 71 Month CD | |
| 0.35%† | - | - | Business 72 - 144 Month CD | |
| 0.30%† | $5k | - | 9 Month CD Special - Bonus | |
| 0.25%† | - | - | Business 48 - 59 Month CD | |
| 0.25%† | $5k | - | Business 9 Month CD Special | |
| 0.25%† | $5k | - | 9 Month CD Special | |
| 0.21%† | $2,500 | - | 24 Month Step Rate Bonus CD | |
| 0.20%† | - | - | Business 36 - 47 Month CD | |
| 0.16%† | $2,500 | - | 24 Month Step Rate CD | |
| 0.16%† | $1k | - | Business 24 Month Step Rate CD | |
| 0.15%† | - | - | Business 24 - 35 Month CD | |
| 0.10%† | - | - | 1 Year CD - Bonus | |
| 0.06%† | - | - | 3 Month CD - Bonus | |
| 0.06%† | - | - | 6 Month CD - Bonus | |
| 0.05%† | - | - | 1 Year CD | |
| 0.05%† | - | - | Business 12 - 23 Month CD | |
| 0.01%† | - | - | 3 Month CD | |
| 0.01%† | - | - | 6 Month CD | |
| 0.01%† | - | - | Business 3 - 5 Month CD | |
| 0.01%† | - | - | Business 6 - 11 Month CD | |
| 0.01%† | - | - | Business 1 - 2 Month CD |
Wells Fargo Bank IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.01%† | $2,500 | - | 58 Month IRA Special - Bonus | |
| 0.95%† | $2,500 | - | 58 Month IRA Special | |
| 0.80%† | $2,500 | - | 39 Month IRA Special - Bonus | |
| 0.75%† | $2,500 | - | 39 Month IRA Special | |
| 0.70%† | $2,500 | - | 19 Month IRA Special - Bonus | |
| 0.65%† | $2,500 | - | 19 Month IRA Special | |
| 0.40%† | - | - | 60 - 71 Month IRA - Bonus | |
| 0.40%† | - | - | 72 - 144 Month IRA - Bonus | |
| 0.35%† | - | - | 60 - 71 Month IRA | |
| 0.35%† | - | - | 72 - 144 Month IRA | |
| 0.30%† | $2,500 | - | 9 Month IRA Special - Bonus | |
| 0.30%† | - | - | 48 - 59 Month IRA - Bonus | |
| 0.25%† | - | - | 48 - 59 Month IRA | |
| 0.25%† | $2,500 | - | 9 Month IRA Special | |
| 0.25%† | - | - | 36 - 47 Month IRA - Bonus | |
| 0.20%† | - | - | 36 - 47 Month IRA | |
| 0.20%† | - | - | 24 - 35 Month IRA - Bonus | |
| 0.15%† | - | - | 24 - 35 Month IRA | |
| 0.10%† | - | - | 12 - 23 Month IRA - Bonus | |
| 0.06%† | - | - | 3 - 5 Month IRA - Bonus | |
| 0.06%† | - | - | 6 - 11 Month IRA - Bonus | |
| 0.05%† | - | - | 12 - 23 Month IRA | |
| 0.01%† | - | - | 3 - 5 Month IRA | |
| 0.01%† | - | - | 6 - 11 Month IRA |
