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Wells Fargo provides four personal checking accounts with a minimum opening deposit of $25. These are not free checking accounts —you’ll need to pay a $5–$35 monthly fee, depending on your ...
The CFPB fined Wells Fargo $100 million on September 8, 2016, for the "widespread illegal practice of secretly opening unauthorized accounts." The order also required Wells Fargo to pay an estimated $2.5 million in refunds to customers and hire an independent consultant to review its procedures.
There are three ways to open a Wells Fargo account: Apply online for a credit card, checking account, savings account, loan or line of credit. Call Wells Fargo’s customer service line at (800 ...
Here’s where to look for your Wells Fargo routing and account numbers: Wells Fargo online banking or app. Log into your Wells Fargo account to find your account details. Use a physical check.
In September 2016, Wells Fargo was fined $100 million by the Consumer Financial Protection Bureau, $50 million by the Office of the Comptroller of the Currency and $35 million by the city and county of Los Angeles, for opening two million checking and credit-card bank accounts without its customers' consent.
In a September 20, 2016, hearing, Warren called on Wells Fargo CEO John Stumpf to resign, adding that he should be "criminally investigated" over Wells Fargo's opening of two million checking and credit-card accounts without the customers' consent. [99] [100]
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