Wells Fargo Bank, ESPANOLA BRANCH

Name:Wells Fargo Bank, ESPANOLA BRANCH
Full Service Brick and Mortar Office
Review: 2star862 client reviews
Location:645 N Riverside Dr
Espanola, NM 87532

Rio Arriba County
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Phone:505-753-2308
FDIC Cert:#3511
Established:01/01/1961


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.

Past Customer
 1star Overall Rating
 1star Office Environment & Staff
 1star Other Services
by frustrated7, Jul. 19, 2012

I wanted to take my IRA out of Wells Fargo, to move it to a bank closer to where I live.  I'm not very knowledgeable about my options, so they did as I instructed, with no further discussion of the options available to me.  When I took the paperwork and check to deposit at my current Bank, the Banker reviewed things and asked if they had given the option of doing a transfer/rollover? Not understanding what she was talking about, she explained I would have saved $5500 in taxes if I had done this instead of a direct withdrawal.  She called Wells Fargo and asked them if they would please do a reversal on the transaction and they refused.  Stating it was already completed and in the system.  They then said, we did as instructed by the customer.  They were not nice and not helpful.  When she spoke to a manager, the same response and support was made for the Banker who closed my IRA.  My Banker called the Wells Fargo 800 number and did speak with a pleasant person and explained the situation.  She spoke to a Supervisor and they stated to take go back to the Bank in Espanola and they could reverse the transaction.  My Banker explained they were unwilling to do so.  The person o the phone then asked for the location and said she would forward the call to another supervisor and see if they could do something.  My Banker then called the Espanola branch again.  The Manager answered and said they were on the phone with Wells Fargo trying to find out how to reverse the transaction.  (Of course they were not happy, that we reported our unhappiness to another level) The Manager told My Banker she would not call her back, but would call the me back by end of day.  Well, needless to say, no call for two days and after the weekend came and went, I called my Banker again. My Banker tried to call them again.  No calls were returned to either of us and I was never able to reverse the transaction.  I understand I could have been more knowledgeable with this situation, however, that is what i depend on my Bankers for.  They should guide you and do what is best for you.  These Bankers didn't have the decency to explain my options, what was in my best interest, or help to reverse the transactin when it was possible.  Not even a call back.  I will never do business with them again.  Very dissapointing.  

* this reviewer has be with this bank for 3 - 10 years
* this reviewer had 3 - 5 banks before.
* this review was made on Wells Fargo Bank, Espanola Branch at Espanola, NM
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Century Bank, ESPANOLA BRANCH (0.5 miles)
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HTLF Bank, ESPANOLA BRANCH (1.2 miles)
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