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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

$150 Wells Fargo Checking Bonus - Select Cities - 5/19/2017

If you missed the previous $250 bonus and you live in an eligible city, you may want to give this a try. To get a $150 bonus, open an Everyday Checking account online from this page or bring an offer code to a participating Wells Fargo branch. Within 60 days of account opening: - 10 purchases/payments with your Wells Fargo Debit Card AND - 2 purchases that total at least $10 using the Wells Fargo Debit Card loaded to your mobile wallet A few of the select cities - Philadelphia, Phoenix, Atlanta and Austin. https://bonusoffer.wf.com/get150/

Wells Fargo Long Term 3.00% Callable Step-Up CD Via TD Ameritrade - 5/10/2017

I frequently get notices of new issue callable CDs from TD Ameritrade. This one looks like a rate leader. My calculations indicate the blended rate over the entire term is ~ 3.211%. If you do not currently have an account at TD Ameritade, you may also be eligible for an account opening bonus of up to $ 2500 (for a $1,000,000 account). Issuer: Wells Fargo Bank Rating: FDIC Insured* Order Period: until May 25, 2017 Coupons: 3.00% until 05/31/2022; 3.25% until 05/31/2027; 3.50% until 05/31/2030 Maturity: May 31, 2030 Payment Frequency: Semi annual Call Status: Callable 05/31/2022@100 and quarterly thereafter Survivor's Option: Yes Price: $100

Wells Fargo Offers Easy $250 Checking Bonus - 3/8/2017

Wells Fargo is offering a $250 bonus to new checking customers now through 3/24/17. Applying for the bonus and a new Everyday Checking account must be done online.

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
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
5/18/11 - 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
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
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
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 - 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 (306)

Happy Customer

I have had nothing but a great experience with Wells Fargo. I have had a checking account and a savings account since I got my first job when I was 15. Eight years later, they are still the only bank I use and will continue to use for the foreseeable future. Their benefits are great and they have given me many tips throughout the years on how to manage and save my money, as well as help pay off other accounts to the best of my ability. Any time I have ever had an issue, their customer service was very knowledgeable and able to quickly assist me. The best example was when my credit card had suspicious activity on it; they quickly froze the card and sent me a brand new one in a couple of days. My entire family uses Wells Fargo for their banking needs and I would recommend them for anyone looking to open a banking account.

WellsFargo summary

In general, I've had experience with both the checking and savings account aspects of the aforementioned bank. Overall, my experience was generally mediocre to above average. When I had an issue with one of my accounts due to possible questionable charges on my accounts the customer service responded adequately and made sure everything was ok. They also checked credentials to ensure account security which I liked. They also offered user feedback after instances that I called which seemed invaluable to me. The experience itself of checking online status of accounts was relatively painless and smooth. There were really no outages and the service seemed robust and secure on a secure website. Since I didn't purchase an products I can't really relate as I know the offered some services like mortgage which I wasn't interested in. Lastly, the fees were below average. You had to meet a minimum balance threshold or be charged a fee. Even though I was always above the fee criteria, charging a fee just for an account seemed ridiculous.

The Hidden Fees of Wells Fargo

Posted by: Magicomen | Dec 29, 2017

I was a long time supporter of Wells Fargo and had a decent experience with them. They were able to cash my checks efficiently for a decent amount of time. While their customer service on the phone and in person was a bit spotty at times, I did not hold any grudges against them for it. Unfortunately, a while back Wells Fargo was exposed to have been charging their customers hidden fees for years. In other words for years I had been getting slightly ripped off by this bank who was commanded by the CEOs to enforce the shady fees, but at the end of the day the people that were blamed and fired were the middlemen. I rarely keep anything above $70 in my checking account there because I have absolutely no trust in this bank.

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.



Health Grade Components

FDIC Certificate #3511
Year Established1870
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD1.13%
Return on Equity - YTD12.29%
Annual Interest Income$40.64B
Assets and Liabilities
AssetsQ3 2017vs Q3 2016$1,738B$1,740.8B
LoansQ3 2017vs Q3 2016$922.5B$931.6B
DepositsQ3 2017vs Q3 2016$1,360.5B$1,321.6B
Equity CapitalQ3 2017vs Q3 2016$163.2B$159.2B
Loan Loss AllowanceQ3 2017vs Q3 2016$10.29B$10.60B
Unbacked Noncurrent LoansQ3 2017vs Q3 2016$9.48B$12.15B
Real Estate OwnedQ3 2017vs Q3 2016$691.0MM$955.0MM
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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 - 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

0.03%--Business Market Rate Savings

Wells Fargo Bank Checking Account Rates

0.05%*$5k*-Portfolio by Wells Fargo
OTHER TIERS: 0.01% Up to $5k
0.01%--Preferred Checking

Wells Fargo Bank CD Rates

1.55%$5k-58 Month CD Special - Bonus
1.50%$5k-58 Month CD Special
1.50%$5k-Business 58 Month CD Special
1.15%$5k-39 Month CD Special - Bonus
1.10%$5k-Business 39 Month CD Special
1.10%$5k-39 Month CD Special
1.10%$5k-19 Month CD Special - Bonus
1.05%$5k-19 Month CD Special
1.05%$5k-Business 19 Month CD Special
0.65%$2,500-24 Month Step Rate Bonus CD
0.60%$2,500-24 Month Step Rate CD
0.60%$1k-Business 24 Month Step Rate CD
0.50%$5k-9 Month CD Special - Bonus
0.45%$5k-Business 9 Month CD Special
0.45%$5k-9 Month CD Special
0.35%--Business 60 - 71 Month CD
0.35%--Business 72 - 144 Month CD
0.25%--Business 48 - 59 Month CD
0.20%--Business 36 - 47 Month 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

1.55%$2,500-58 Month IRA Special - Bonus
1.50%$2,500-58 Month IRA Special
1.15%$2,500-39 Month IRA Special - Bonus
1.10%$2,500-39 Month IRA Special
1.10%$2,500-19 Month IRA Special - Bonus
1.05%$2,500-19 Month IRA Special
0.50%$2,500-9 Month IRA Special - Bonus
0.45%$2,500-9 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%--48 - 59 Month IRA - Bonus
0.25%--48 - 59 Month IRA
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