WEX Bank, Wex Bank

Name:WEX Bank, Wex Bank
Full Service Brick and Mortar Office
Main Office of the Bank
Review:4 client reviews
Location:7090 South Union Park Avenue, Suite 350
Midvale, UT 84047

Salt Lake County
 
FDIC Cert:#34697
Established:1998-06-01


The Bank

Name:WEX Bank
Concentration:Commercial Lending Specialization
Established:1998-06-01
FDIC Insurance:1998-06-01
Charter Class:commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$1,624,468,000
Total Deposits:$1,349,694,000
Total Equity Capital:$202,219,000
Total Domestic Office Deposits:$1,349,694,000
Net Income:$157,678,000
Quarterly Net Income:$39,851,000
Return on Assets:10%
Quarterly Return on Assets:9%
Return on Equity:80%
Quarterly Return on Equity:77%
 More...


Client Review

4 client reviews of WEX Bank scored 2 out of 5.

sammyboy
Overall Rating
Interest Rate and Cost
Office Environment & Staff
Waiting Time
Other Services
by sammyboy, Jan. 20, 2014

I dont know about all the poor reviews i see.  Higher ones security is a tough one but we can all thank 911 for that..  seriously great security makes me feel safe...also my card was deemed stolen several months ago...i was NOT charged a fee and was treated respectfully..higher one rectified my prob .   Immediately.......
Kudos higher one

* this reviewer has be with this bank for 1 - 3 years
* this reviewer had 3 - 5 banks before.
* this review was made on WEX Bank, Wex Bank at Midvale, UT
2 of 2 people found this review helpful. Was this review helpful to you? Yes, No   Report Abuse

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Terrible Service
Overall Rating
Interest Rate and Cost
Office Environment & Staff
Waiting Time
Other Services
by IHATETHISBANK, Dec. 11, 2013

Currently sitting on hold to cancel my account. I went to the local University for one year and they forced this One card on me with no consent given. They used it to refund what was left of my refund to the account. However little did I know that if I didn't use my card, they would charge me a fee of 10 dollars a month until it dropped below 100. Now they take 3.75 every month for no reason. I've lost my card for months and they've taken over 100 dollars from me for no reason. I didn't ask for this service, I didn't agree to this. I feel very cheated and have fair reason to believe this whole banking system is a scam.

* this reviewer has be with this bank for 1 - 3 years
* this reviewer had 3 - 5 banks before.
* this review was made on WEX Bank, Wex Bank at Midvale, UT
3 of 3 people found this review helpful. Was this review helpful to you? Yes, No   Report Abuse

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Horrible Facility
Overall Rating
Other Services
by angry352, Sep. 11, 2013

I have been dealing with Higher One, for the purpose of receiving financial aid, I tried unsuccessfully for 1 month to get my identity verified, and even though I had uploaded all the necessary documents Higher one still would not release the hold and I had to contact the college that I attend to get this problem resolved, if this was not the company that my school uses, there is no way I would ever use this company, they are not organized, they do not do things in a timely manner and they are unprofessional.  Hopefully with enough complaints our college will use someone different next year. Keeping my fingers crossed.

* this reviewer had 1 - 2 banks before.
* this review was made on WEX Bank, Wex Bank at Midvale, UT
4 of 4 people found this review helpful. Was this review helpful to you? Yes, No   Report Abuse

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