I had a Wells Fargo bank account 40 years ago. I had to terminate the account for their Neanderthal banking policies like sending someone to prison until they can pay their debt, exaggerated, of course.
After that miserable experience I have been watching Wells Fargo over the years. They have been found guilty many times, have had to pay billions in fines and paid back customers who they have mistreated and cheated out of billions.
I simply do not understand why people still do business with them. How do they stay in business?
I recently opened an account (in my mother’s name but with me as the trustee) with WF for the first time ever. It’s because they’re the only ones that’d do a QIT account that’s needed for the nursing home.