Wells Fargo Bank, National Association

101 N. Phillips Avenue
Sioux Falls, SD 57104

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 3511
Date Established 1870
Assets $1,731.94 billion
Loans $938.48 billion
Deposits $1,359.81 billion
Capital $163.42 billion

Wells Fargo Bank, National Association is an FDIC insured institution located in Sioux Falls, SD. It was founded in 1870 and has approximately $1731.94 billion in assets. Customers can open an account at one of its 6,355 branches.

For a more detailed analysis of Wells Fargo Bank, National Association's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in Wells Fargo Bank, National Association’s loan portfolio are 1-4 Family Residential Loans, Commercial and Industrial Loans, and Commercial Real Estate.

Compared to other banks in South Dakota, Wells Fargo Bank, National Association has a significantly higher percent of 1-4 Family Residential Loans, Consumer Auto Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 35.28
Multifamily
Mortgages
1.68
Credit Card Loans 3.75
Consumer Auto Loans 5.98
Small Business Loans 1.28
Construction and Development Loans 2.60
Commercial Real Estate 10.99
Commercial and Industrial Loans 19.70
Farm Loans 0.45

Deposit Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.01% $10,000 $24,999 Learn MoreShow Less
3 Mo CD 100K
0.01% $100,000 - Learn MoreShow Less
6 Mo CD 10K
0.01% $10,000 $24,999 Learn MoreShow Less
6 Mo CD 100K
0.01% $100,000 - Learn MoreShow Less
Special: 9 Mo CD
0.15% $5,000 - Learn MoreShow Less
Savings Rates APY MIN MAX
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
0.05% $1 $4,999 Learn MoreShow Less
Special: 9 Mo FIRA
0.15% $2,500 - Learn MoreShow Less
Special: 13 Mo FIRA
0.60% $5,000 - Learn MoreShow Less
Special: 13 Mo FIRA
0.35% $25,000 - Learn MoreShow Less
Special: 13 Mo FIRA
0.25% $25,000 - Learn MoreShow Less
Special: 19 Mo FIRA
0.60% $2,500 - Learn MoreShow Less
Special: 24 Mo FIRA
0.16% $1 $1,000,000 Learn MoreShow Less
Special: 26 Mo FIRA
0.50% $2,500 - Learn MoreShow Less
Special: 39 Mo FIRA
0.60% $2,500 - Learn MoreShow Less
Special: 39 Mo FIRA
0.70% $2,500 - Learn MoreShow Less
Special: 58 Mo FIRA
0.80% $2,500 - Learn MoreShow Less
Special: 58 Mo FIRA
1.10% $2,500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA 0K
0.03% $1 - Learn MoreShow Less
MM Rates APY MIN MAX
MM 10K
0.03% $1 $99,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.01% $500 - Learn MoreShow Less
Checking Rates APY MIN FEE
Everyday Checking 0.00% $1,500 $10.00 Learn MoreShow Less
Preferred Checking 0.00% $10,000 $15.00 Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

Home Equity Rates APR Rate Monthly Payment
Auto Loan Rates APR Rate Monthly Payment
3 Year 3.89% 3.89% $736.88 Learn MoreShow Less
4 Year 3.89% 3.89% $563.25 Learn MoreShow Less
5 Year 3.89% 3.89% $459.17 Learn MoreShow Less
Refinance Mortgage Rates APR Rate Monthly Payment
Purchase Mortgage Rates APR Rate Monthly Payment

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.

Branches

Wells Fargo Bank, National Association branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Wells Fargo Bank, National Association Locations

Financial Details

Wells Fargo Bank, National Association Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Wells Fargo Bank, National Association. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Wells Fargo Bank, National Association U.S. Bank Average
11.53% 8.45

The Texas Ratio compares the amount of loans at risk and the amount of owned real estate with the amount a bank has on hand to cover any losses. As of June 30, 2017, Wells Fargo Bank, National Association had $19,268,000,000 in non-current loans and $765,000,000 in owned real estate. To cover these potential losses it had $163,421,000,000 in equity and $10,281,000,000 in loans loss reserves. That gives it a Texas Ratio of 11.53%. The closer the Texas Ratio is to 100% and over, the less capital and reserves a bank has to absorb its loan losses.

Return on Equity
Wells Fargo Bank, National Association U.S. Bank Average
12.89% 8.58

Wells Fargo Bank, National Association has a Return on Equity of 12.89% versus the BestCashCow average of 8.58. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Wells Fargo Bank, National Association U.S. Bank Average
9.44% 12.11

Wells Fargo Bank, National Association has a Capitalization of 9.44% versus the BestCashCow average of 12.11. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Wells Fargo Bank, National Association Balance Sheet Analysis

As of June 30, 2017, Wells Fargo Bank, National Association had assets of $1,731,937,000,000, loans of $938,483,000,000, and deposits of $1,359,806,000,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Frequently Asked Questions About Wells Fargo

Branches and Savings

Is Wells Fargo FDIC insured?

Yes. It is covered under FDIC Certificate #3511.

Why does Wells Fargo pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Wells Fargo CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Wells Fargo a commercial bank?

Yes

Where are Wells Fargo locations?

See branch locations nearby.

Is Wells Fargo open on Saturdays?

Is Wells Fargo open on Sundays?

What time does Wells Fargo open?

What time does Wells Fargo close?

Are Wells Fargo ATMs Open 24/7?

Do Wells Fargo ATMs accept cash deposits?

Can Wells Fargo customers use other ATMs?

Do Wells Fargo branches have notaries?

Will Wells Fargo notarize my document?

What address for Wells Fargo should I put for incoming ACH transfers?

Will the Wells Fargo branch print checks?

Do Wells Fargo checks expire?

Does Wells Fargo require US citizenship to open account?

Can Wells Fargo close my account?

Does Wells Fargo Report to credit bureaus?

If you apply for a credit card with Wells Fargo, you should expect that the bank will check with and report to all three major credit rating bureaus.

Does Wells Fargo Use Equifax?

Yes

What is Wells Fargo's ACH Routing Number?

2121000248

What is Wells Fargo's SWIFT code?

WFBIUS6S

Products

Does Wells Fargo offer mortgages?

Compare mortgage rates here.

Does Wells Fargo offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Wells Fargo offer personal loans?

Compare personal loan rates here.

Does Wells Fargo offer student loans?

Will Wells Fargo cash a check?

Will Wells Fargo redeem a savings bond?

Does Wells Fargo cash savings bonds?

Will Wells Fargo cash money orders?

Can Wells Fargo issue a money order?

Does Wells Fargo do currency exchange?

Background on The Bank

Who owns Wells Fargo?

Wells Fargo is a publicly traded company on the NYSE trading under the ticker 'WFC'.

How long has Wells Fargo been around?

Can Wells Fargo transfer to other banks?

Does Wells Fargo have quick pay?

Does Wells Fargo accept rolled coins?

Will Wells Fargo accept loose change?

Where is Wells Fargo headquarters?

Wells Fargo registers its legal headquarters in Sioux Falls, SD, but is operated from San Francisco, CA.

Customer Reviews for Wells Fargo Bank, National Association


  • Jake

    November 27, 2017

    Monsters!

  • nick

    November 20, 2017

    worst bank ever!!!!!!!!!!

  • Larry Sweat

    February 26, 2015

    I own a 3/2 brick home built in 2006 in North Richland Hills, TX near Fort Worth that has a tax appraised value of $196,000. I currently have a single mortgage with a balance of $46,000. I will have this mortgage paid off within 12 months because I am paying at an accelerated monthly amount of $5000. My credit score is 806. Can you offer me a 3.75% HELOC for $75,000 that is locked for the first 24 months of the note which will not vary more than 2% per year after the first 24 months and can I pay interest only for the first 24 months?

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