Wells Fargo Bank, 3RD & GRACE BRANCH

Name:Wells Fargo Bank, 3RD & GRACE BRANCH
Full Service Brick and Mortar Office
Review: 2star862 client reviews
Location:300 N 3rd St
Wilmington, NC 28401

New Hanover County
View Other Branches
 
Phone:910-342-2040
FDIC Cert:#3511
Established:06/02/1969


The Bank

Name:Wells Fargo Bank
Concentration:All Other Over 1 Billion
Established:01/01/1870
FDIC Insurance:01/01/1934
Holden By:WELLS FARGO&COMPANY
Charter Class:Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
# of Branches:4350, view all, view on map
Website:www.wellsfargo.com
Total Assets:$1,733,244,000,000
Total Deposits:$1,416,886,000,000
Total Equity Capital:$162,969,000,000
Total Domestic Office Deposits:$1,392,417,000,000
Net Income:$21,994,000,000
Quarterly Net Income:$3,956,000,000
Return on Assets:1%
Quarterly Return on Assets:1%
Return on Equity:14%
Quarterly Return on Equity:10%
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Client Review

862 client reviews of Wells Fargo Bank scored 2 out of 5.

short sale rejection
 1star Overall Rating
 1star Waiting Time
 1star Other Services
by Angryatu4ever, Jul. 25, 2013

I entered a short sale with the sellers bank being Wells Fargo. The house listed at 30,000 and had been on the market for 1-1/2 yrs. I bid 31,500. It was accepted and after 2 months Wells Fargo said sales have gone up so they want 47,000 for house instead of the 30,000 they agreed upon. This is the 2nd attempt on a short sale by the seller with Wells Fargo. Where is this good for anyone? They want to ruin the sellers credit, disappoint a family and by next year after sitting for 2-1/2 years that house will be worth 25,000. Many other banks have written off 30 to 40 thousand, but Wells Fargo won't work with anyone and would rather ruin peoples lives. I had 31,500 CASH and that wasn't good enough because they are just plain greedy. Just because sales went up doesn't mean the value of the house did. Even if I had 47,000 the house is no where near worth that. I hope your ignorance comes back at all of you. Other banks are fair and   work with people. Your house is gonna be a dump by next year and your lucky if you even get 31,500 by then. Hope your happy. I'm gonna tell everyone about your practices and you're well known by attorneys and realtors that agree your bank would rather destroy lives than work with people. I can only hope your office is sitting on a sink hole. No loss if it is!!!

* this reviewer has be with this bank for <6 months
* this reviewer had 1 - 2 banks before.
* this review was made on Wells Fargo Bank, 3rd & Grace Branch at Wilmington, NC
1 of 1 people found this review helpful. Was this review helpful to you? Yes, No   Report Abuse

1 comment. Add a comment

by Angryatu4ever 2013-07-25 16:56:44
Oh and by the way forgot to tell you to not even offer short sales anymore to mortgage holders with your bank. You have to be willing to work with people and you're not so it's never gonna work out. You just play with peoples lives and lie to the seller that you offer it. You make people wait for 2 months just to shove it to everyone involved. Just tell people the truth. You don't care and you're not in the business of working with people. What you're doing is shameful and deceitful. You can't offer it if you never approve it.

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