Slogan: "The Next Stage"
Wells Fargo & Co. is a banking and financial services company based in the United States, Canada and Puerto Rico. It was founded in New York in 1852, but is today headquartered in San Francisco, California.
Wells Fargo is a very full-service business, offering nearly every possible banking-related service. Amongst the services offered:
- Checking, savings, credit cards, gift cards.
- Loans and Credit
- Auto finance, credit cards, home equity, home mortgage, personal loans, student loans, military banking.
- Mutual funds, stocks, bonds, corporate IRAs, annuities, retirement plans, 401Ks, estates and trusts, investment management, custodial accounts, and more.
- Policies for life, health, auto, renters, identity theft, pets, homeowners, property and casualty, group health, and agribusiness.
Wells Fargo has always been the field's leading innovator in online services. Wells Fargo first began offering a computer-based banking service in 1989 and was the first bank to introduce access to bank accounts on the Internet in May 1995. Using Wells Fargo's Online Banking, customers can go online to pay bills, trade securities, view their account information, and transfer money between their Wells Fargo accounts, apply for new accounts and products, find the nearest ATM or branch, change their address, view canceled checks, deposits and statements, enroll in account alerts, track their spending habits, track their savings, and much more.
It is note-worthy that at a time when most businesses were dismissing computer usage as "just for geeks", Wells Fargo embraced the power of online services right when the Internet became popular amongst home users. Ten years after Wells Fargo pioneered the idea, competitors are just beginning to catch up.
Wells Fargo uses three different business segments when reporting results:
- Retail Banking
- Wholesale Banking
- Consumer Finance
Retail, commercial and corporate banking services are provided through banking stores in Alaska, Arizona, California, Colorado, Idaho, Illinois, Indiana, Iowa, Michigan, Minnesota, Montana, Nebraska, Nevada, New Mexico, North Dakota, Ohio, Oregon, South Dakota, Texas, Utah, Washington, Wisconsin and Wyoming.
Other financial services are provided by subsidiaries engaged in various businesses, principally: wholesale banking, mortgage banking, consumer finance, equipment leasing, agricultural finance, commercial finance, securities brokerage and investment banking, insurance agency and brokerage services, computer and data processing services, trust services, investment advisory services, mortgage-backed securities servicing and venture capital investment.
Wells Fargo & Company was founded on March 18th, 1852, by Henry Wells and William G. Fargo to provide express and banking services to California.
To answer what is probably the most frequently-asked question: Yes, there really were stagecoaches. In the 1800s, trans-city commerce was inextricably linked with the pony express and stagecoach business, and in fact the early Wells Fargo had the Butterfield stagecoach company as a competitor.
A complete history of Wells Fargo would be superfluous when their own site has resources far superior to what a Wiki can provide. In the "AboutUs... History, Museums, and Store" section, visitors can learn about the complete history of Wells Fargo and even learn about the company-sponsored museums, where one may see an original stagecoach, early American items, gold coins, and other items of historic interest.
Wells Fargo reported revenues of over $35 billion in 2006. They employ 158,000 employees in over 6,000 retail locations throughout the United States, Canada, and Puerto Rico, serving over 23 million customers. Their Fortune 500 ranking is #46.
Contact for WellsFargo.com
- 420 Montgomary St
- San Francisco CA 94104 US