Wells Fargo Wiki, Login, Careers, Online Banking, Mortgage Rates and Net Worth

Wells Fargo is one of the biggest banks in the United States boasting of more than 70 million users as at August 2020 according to Investing.com. Also, the market capitalization of the bank is running into tens of billions of dollars. Not bad for a bank if you ask me!

 

Wells Fargo

In 2015, the bank was the world’s largest bank by market capitalization but it has dropped over the years and in 2018 was fourth place. It is currently one of the Big Four banks in the US.

The bank is no stranger to controversy as it has had its own fair share. In 2016, 2 million fake accounts were allegedly reported to have been created and the bank’s employees were involved in illegal activities. Also, in 2018, the Federal Reserve which is the oversight financial institution in America suspended the bank from expanding and acquiring more assets. This was based on the fact that the bank was facing many issues internally and needed attention from as soon as possible.

Wells Fargo Wiki and History

In 1852, Wells Fargo & Company was founded by Henry Wells and William G. Fargo in California, United States. The name was coined from the founders surnames being joined together. The major aim of the company at that time was provide express and banking related services to all of California.

From the early 20th century to the middle of the century, the company merged with different companies acquired some such as Butterfield Overland Mail Company in 1860. In 1969, the bank merged with the American Trust Company. Prior to this merger, it had done merged with Nevada National Bank in 1905 to form another bank but under Wells Fargo.

From the 1980s till around 2012, the bank kept acquiring more and more banks in the US and also finance-based companies for each of the services they rendered. The Federal Reserve suspended the bank from making more acquisitions until it fixed all of the internally generated problems and issues it was facing.

Company Profile

Founded

1852

1998 (Present Company)

Owner

Berkshire Hathaway

Founders

Henry Wells & William G. Fargo

Type

Public

Stock Exchange

Listed on NYSE as WFC

Chairwoman

Elizabeth Duke

President/CEO

Charles Scharf

Parent Organization

Berkshire Hathaway

Industry

Finance

Headquarters (Corporate)

San Francisco, CA, United States

Headquarters (Operational)

NY, United States

Official Website

Wellsfargo.com

Employees

200,000 – 300,000

Wells Fargo Login and Online Banking

Here are some of the login pages you might find useful below:

If you don’t have any of the kind of account listed up there, just click here to sign in

Wells Fargo Online Banking

Wells Fargo’s online banking services enable users to easily make financial transactions daily without ever needing to visit a branch.

Here is how to get started.

Opening an account with the bank is easy and you can either open a Savings or Checking account. There is also Time Accounts (CD) type.

Checking Account

There are four (4) types of checking accounts and they are:

You can compare all of the plans and choose what type of checking account best suits you here.

Savings Account

There are three types of savings accounts and you can view them to compare plans.

All of them require a minimum deposit of $25 to open an account except the third which the minimum deposit is $2500.

How to Sign Up for Online Banking

Wells Fargo Online Banking

  1. Click Here to Sign Up.
  2. Input your SSN but you can also use your ITIN. If you don’t have any number, you can call  1-800-956-4442.
  3. Next, type in your account, loan, or ATM number.
  4. If you don’t have any of the numbers above you can check the box and type in your Date of Birth (DOB).
  5. Click continue and follow prompts.

Note: Opening an online banking account is much easier if you are already an existing customer.

Wells Fargo Careers and Jobs

The hiring process at the bank takes up to two weeks and the average hourly pay for the lowest-paid roles which are teller and personal banker is between $16 – $22.

Most times, the requirements for a job within the bank are having a high school diploma and some work experience. For bigger roles, college degrees might be required.

Their employee benefits include:

  • Health plans,
  • Well-being,
  • Parental and Critical Caregiving Leaves,
  • Paid time off,
  • 401(k) Plan,
  • Discounts & savings,
  • Commuter benefits,
  • Adoption reimbursement,
  • Education benefits.

To apply as a non-employee, please click here.

For existing employees who want to apply for another role within the bank, you are to apply here.

Wells Fargo Mortgage Rates and Application Process

Your mortgage rates depends on some factors and they include:

  • Your reason for a mortgage (Buy a house or refinancing your property)
  • State and county
  • Purchase Price
  • And Credit Score.

Your interest rate could go as high as almost 4% especially if your purchase price and credit score are both high. The mortgage rates differ in states.

Use this Wells Fargo mortgage rate calculator here.

The application process is pretty much straightforward. If you don’t have an account you will need to create one and make sure you carefully read through to provide the correct details.

Wells Fargo Mortgage

Apply here.

Wells Fargo Net Worth

In total assets, the bank is worth more than $1.9 trillion.