Wells Fargo has more branches than any other bank in the U.S., with locations in 40 states.
With more than 4,800 branches and 12,000 ATMs, Wells Fargo has the largest physical presence of any U.S. bank.
Fees on checking accounts can easily be avoided.
Consumer-friendly overdraft policies, including a feature to account for deposits made after an overdraft.
Yields on certificates of deposit and savings accounts are low, like many big banks.
There is an out-of-network ATM fee of $2.50 for checking account users.
The money market account has a steeper monthly fee if a specified balance isn’t maintained.
The Wells Fargo mobile app earns solid praise from reviewers, earning a 4.8 score on both Google Play and in the Apple App Store. And while Wells Fargo offers progressive digital banking, with nearly 4,900 branches, customers can also take advantage of in-person banking nearly anywhere. There are also plenty of ATM locations, with 12,000 ATMs to choose from and they include a personal touch, such as wishing customers happy birthday.
About Wells Fargo
Founded in 1852 as a bank and express delivery company, Wells Fargo offers a full range of banking services, including checking accounts, savings accounts, CDs, money market accounts, mortgages and other loans.
In 2016, the Consumer Financial Protection Bureau fined Wells Fargo $100 million for the widespread illegal practice of secretly opening unauthorized accounts. The violation forced the bank to amend its approaches to sales, such as by sending an email confirmation to customers after the opening of a deposit account.
With branches and ATMs in 40 states, Wells Fargo may be a good fit if you value nearly nationwide access to your accounts. The bulk of its 7,200 branches are in California, Texas, Florida, New Jersey, Minnesota, Colorado and Nevada.