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In May 2007, Wells Fargo acquired Greater Bay Bancorp, which had $7.4 billion in assets, in a $1.5 billion transaction. [4] [5] In June 2007, Wells Fargo acquired CIT's construction unit. [6] In January 2008, Wells Fargo acquired United Bancorporation of Wyoming. [7] In August 2008, Wells Fargo acquired Century Bancshares of Texas. [8]
1995: Wells Fargo became the first major US financial services firm to offer Internet banking. 1996: Wells Fargo acquired First Interstate Bancorp for US$11.6 billion. [62] 1998: Wells Fargo Bank was acquired by Norwest Corporation of Minneapolis. [63] (Norwest was the surviving company; however, it chose to continue business under the better ...
The bank was renamed in the mid-1980s after a series of mergers. After being acquired by First Union Corporation, which later also acquired Wachovia National Bank to become Wachovia Corporation, CoreStates Financial Corporation became a part of Wells Fargo in 2008 when Wachovia (formerly known as First Union) was acquired by that company.
Wells Fargo has international offices in London, Dublin, Paris, Dubai, Singapore, Tokyo, Shanghai, Beijing, and Toronto, among others. [19] Back-offices are in India and the Philippines with more than 20,000 staff. [20] Notably, Wells Fargo is the first major national U.S. bank to undergo a successful unionization drive. [21]
First Union Corporation was a bank holding company that provided commercial and retail banking services in eleven states in the eastern U.S.First Union also provided various other financial services, including mortgage banking, credit card, investment banking (First Union Securities), investment advisory, home equity lending, asset-based lending, leasing, insurance, international and ...
Here’s how to get a Wells Fargo voided check: Remove a check from your Wells Fargo checkbook and write “VOID” across the check in large letters, but make sure not to write over the numbers ...
Bank of America , Wells Fargo , and Citigroup also experienced a surge of customer complaints, according to Downdetector, which monitors reports of problems at financial institutions. LOL!
Wells Fargo offers several banking services and account options, including multiple checking and savings accounts and CDs ranging from three to 120 months to help you earn more on set-aside funds ...