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Wells Fargo Bank

Popular Accounts at this Bank

0.50%5-year CD58 Month CD Special
0.05%1-year CD1 Year CD
0.01%SavingsWells Fargo Platinum Savings

Overview / Commentary
101 N. Phillips Avenue
Sioux Falls, SD 57104

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

Wells Fargo Offers Easy $250 Checking Bonus - 1/14/2017

Wells Fargo is offering a $250 bonus to new checking customers now through 2/17/17. Can be done online (Everyday Checking) or in-branch (all other checking accounts).

$100 Checking Account Bonus At Wells Fargo (Online Only) - 12/15/2016

Easy $100 bonus, if you trust Wells Fargo. But it won’t last long. To receive your $100 bonus, open an Everyday Checking account from this page by December 16, 2016, and complete a few steps: Deposit at least $25 to fund your account. Make 10 debit card purchases/payments within 60 days. Qualify to receive a $100 bonus in your account. Offer available only online at wellsfargo.com Promotion page Wells Fargo Everyday Checking Account – $100 Bonus – Wells Fargo Everyday Checking does have a $10 monthly fee. Everyday Checking Account | Wells Fargo

Wells Fargo & Company: The Teflon Bank? - 10/2/2016

Wells Fargo is currently the second largest bank in the U.S. But right now, the spotlight is on Wells Fargo for a scandal that threatens to topple the giant.

View all posts from:

12/22/13 - Well Fargo Accused Of Pressure-Cooker Sales, Costing Unwary Customers
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
8/11/09 - 2.75% 32-Month CD at Wachovia on the East Coast and Other Wachovia/Wells Fargo Deals
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
8/18/08 - $50 Checking Account Bonus at Wells Fargo
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
4/27/08 - Update on Wachovia's 4.75% 60-Month Featured CD
4/2/08 - $75 Checking Account Bonus at a Wachovia Branch in Washington DC
1/29/08 - 5.05% 5-Month CD Special at Wachovia in Some States
1/3/08 - $75 Checking Account Bonus at a Wachovia Branch in Texas Plus Reminder of Wachovia's Nationwide $50 Bonus
11/4/07 - $50 Checking Account Bonus at Wells Fargo - No DD Requirements in Some States
10/16/07 - 5.41% 8-Month Featured CD at Wachovia
10/1/07 - 5.25% 12-Month CD Promotion at Wachovia
6/11/07 - Free Checking Account Promotion at Wachovia in Dallas
6/9/07 - $100 Checking Account Bonus at Wachovia in NY/MD/DC/VA
5/18/07 - Update on Wachovia Bank Promotions
3/28/07 - Update on Wachovia's 5% Money Market Account and Other Promotions
3/21/07 - 5.40% 7-Month CD at Wachovia Texas
2/14/07 - Wells Fargo's Free Online Trades
11/11/06 - 5.65% 12-Month CD at a California Bank (Western Financial)
6/11/06 - History Behind World Savings Bank
6/11/06 - 5.25% 11-Month CD at Wachovia
5/17/06 - iPod Checking Account Bonus at Western Financial Bank
5/3/06 - 4.80% Money Market Account at Western Financial Bank
4/6/06 - Western Financial Bank's Money Market Now at 4.50%
3/12/06 - $25 Gift Card for Wells Fargo Checking or Savings Account
1/22/06 - 4.75% 12-Month CD at a Dallas Bank
10/20/05 - Wells Fargo $25 Checking/Savings Deal
9/13/05 - Wells Fargo Featured CDs

Reviews (282)

Wells Fargo

Posted by: KevinBob | Dec 9, 2016

I have used Wells Fargo since I first got a bank account at the age of 16. It is not something that I think about often but I do believe that it is the best option for banking. Their online website is very easy to use. I am able to transfer money simply and quickly. Their app is also easy to use but I prefer the desktop version. I am constantly transferring money and checking balances as I have two checking accounts and one savings accounts. I also have automatic transfers setup to transfer money from my checking to my savings weekly and this has always been seamless. I don't even think about it as I know it will always be delivered on time.

Wells Fargo actually not that bad

Posted by: ChrisPTO | Jan 3, 2017

Despite all of the controversy that has come from the Wells Fargo scandal, I don't find them to be all that bad anymore. The were very willing to work with me on several occasions and often would refund an overcharge fee to me without even asking. This bank has minimal costs and fees that they rarely charge me. I think they might be trying to act with good behavior since they are trying to repair their image. I think that this makes their customer service and quality better than other banks right now. I am satisfied with Wells Fargo and I would recommend them to a friend. I have had a single checking account at this bank and I have never had any problems whatsoever highly recommend.

Easy Online Access

I like using the website or the mobile app for Wells Fargo. I am quickly able to check my balances, deposit money, and transfer between accounts. I also like the option to do use billpay and transfer quickly to other Wells Fargo customers. I do not have to go in person to the bank hardly ever now. On the rare occasion I get a check, I can take a picture of it and upload it in the mobile app in order to deposit it. Occasionally the app will say it is unavailable, however it typically functions very well. I would like an easier way to submit a request such as if my card is lost or stolen via the app instead of having to call, but the customer service has been friendly and helpful when I have had to call them.

Wells Fargo's Disgustingly Immoral Business Practices

I work for a small business that had been with Wells Fargo for years. We never really had an issue with them until the last few months. In light of the scandal it seems they are doing anything in their power to prey on customers. Being that we were with them for awhile, they knew the flow of our financials all to well. Every month we have a few hundred thousand coming in an a few going out. Around the 20th when sales tax is due and a few other large expenses they knew our account would reach just under $10,000. We recieve funding checks from other financial institutions on customer vehicle purchases. A few months ago I went to the local branch to do my routine deposit on the 22nd. My deposit consisted of a check for close to $9,000 from PFS Financial and a check for $4000 from Nicholas Financial. Now mind you these are the same checks that I have deposited for years. All of a sudden a 7 day hold was placed on my deposit. I was confused and seriously upset. They knew our flow of income and expenses. They knew that placing a hold during that time of the month would wreak havoc. Needless to say they were complete assholes and wouldn't release the hold even after 4 appointments with the business banker. I kept getting dodged by the bank manager and the customer service bankers were even being cold towards me. They ended up collecting their overdraft fees, I felt really let down and pissed off. We went and opened an account at another bank but I didn't close the Wells account. We had been there so long and so many transactions would take time to transition to a new bank. We overcame that but then they did it again. They held more deposits. These deposits are not checks from individual people, they are checks from other banks!!!! But being that they created the overdrafts on the first hold they had an excuse to hold again. They had no right or reason to hold my deposit the first time and had they let the deposit go through like they have been for years no overdrafts would've occured. I don't understand what is going on with Wells but I feel bullied by them and it's not right. Small businesses are what makes this country the greatest nation on the planet. The American dream choked by an asshole entity named Wells Fargo. They didn't destroy us but they sure as hell lost our business for life.



Health Grade Components

FDIC Certificate #3511
Year Established1870
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD1.2%
Return on Equity - YTD12.92%
Annual Interest Income$36.35B
Assets and Liabilities
AssetsQ3 2016vs Q3 2015$1,740.8B$1,579.2B
LoansQ3 2016vs Q3 2015$931.6B$868.1B
DepositsQ3 2016vs Q3 2015$1,321.6B$1,241.8B
Equity CapitalQ3 2016vs Q3 2015$159.2B$149.9B
Loan Loss AllowanceQ3 2016vs Q3 2015$10.60B$10.43B
Unbacked Noncurrent LoansQ3 2016vs Q3 2015$12.15B$12.72B
Real Estate OwnedQ3 2016vs Q3 2015$955.0MM$1.67B
  User-submitted Promotions & Notices

This section lists recent deals, promotions and rate changes submitted by our community within the past 90 days. Always verify official rates and promotions with the bank or credit union.

$100 Checking Account Bonus At Wells Fargo (Online Only)

Jake9   |  
Easy $100 bonus, if you trust Wells Fargo. But it won’t last long.

To receive your $100 bonus, open an Everyday Checking account from this page by December 16, 2016, and complete a few steps:

Deposit at least $25 to fund your account.
Make 10 debit card purchases/payments within 60 days.
Qualify to receive a $100 bonus in your account.

Offer available only online at wellsfargo.com

Promotion page
Wells Fargo Everyday Checking Account – $100 Bonus – Wells Fargo

Everyday Checking does have a $10 monthly fee.
Everyday Checking Account | Wells Fargo

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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

0.06%*$25k*-Business Platinum Savings
OTHER TIERS: 0.05% Up to $25k
0.06%--Wells Fargo Platinum Savings - 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%--Wells Fargo Platinum Savings

Wells Fargo Bank Money Market Rates

0.03%--Business Market Rate Savings

Wells Fargo Bank Checking Account Rates

0.05%*$5k*-PMA Premier Checking
OTHER TIERS: 0.01% Up to $5k
0.01%--Preferred Checking

Wells Fargo Bank CD Rates

0.55%$5k-58 Month CD Special - Bonus
0.50%$5k-58 Month CD Special
0.50%$5k-Business 58 Month CD Special
0.35%$5k-39 Month CD Special - Bonus
0.30%$5k-Business 39 Month CD Special
0.30%$5k-39 Month CD Special
0.25%$5k-26 Month CD Special - Bonus
0.21%$2,500-24 Month Step Rate Bonus CD
0.20%$5k-26 Month CD Special
0.20%$5k-Business 26 Month CD Special
0.16%$2,500-24 Month Step Rate CD
0.16%$1k-24 Month Businesss Step Rate CD
0.15%$5k-9 Month CD Special - Bonus
0.10%$5k-Business 9 Month CD Special
0.10%$5k-9 Month CD Special
0.10%--1 Year CD - Bonus
0.06%--3 Month CD - Bonus
0.06%--6 Month CD - Bonus
0.05%--1 Year CD
0.01%--3 Month CD
0.01%--6 Month CD
0.01%--Business 1 - 2 Month CD

Wells Fargo Bank IRA Rates

0.55%$2,500-58 Month IRA Special - Bonus
0.50%$2,500-58 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
0.35%$2,500-39 Month IRA Special - Bonus
0.30%$2,500-39 Month IRA Special
0.30%--48 - 59 Month IRA - Bonus
0.25%--48 - 59 Month IRA
0.25%$2,500-26 Month IRA Special - Bonus
0.25%--36 - 47 Month IRA - Bonus
0.21%$1k-24 Month Step Rate Bonus IRA
0.20%--36 - 47 Month IRA
0.20%$2,500-26 Month IRA Special
0.20%--24 - 35 Month IRA - Bonus
0.16%$1k-24 Month Step Rate IRA
0.15%--24 - 35 Month IRA
0.15%$2,500-9 Month IRA Special - Bonus
0.10%$2,500-9 Month IRA Special
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

Wells Fargo Bank has 6,115 locations. Click to view all Wells Fargo Bank locations.