I hope you all laid off and unhappy people are closing all your accounts with these crooks. I never even trusted them to open one. Loss of 80k accounts will speak for itself
9 replies (most recent on top)
14 years here - never opened one WF account.
I don't believe anyone at the place you work should see anything about your finances.
Keep your negligible-balance transaction-lackey deposit accounts with the bank since they are loss-leaders. Move everything else.
Credit unions all the way.
Been here longer than most, I had multiple accounts, free bill pay and discounted CC. Once the account scandal hit, I moved all my accounts outside of the CC away. Only kept it for the discount on interest, but Chainsaw ruined that too, I started seeing interest charges creep up, so paid it off. All of a sudden there weren't charges anymore, then started keeping a balance and it's been sporadic for a year or two.
As soon as my employment ends, that card will get removed from all my payments and closed. I already balance-transferred what I did have on it in preparation.
Who even needs banks anymore? All online. Never set foot in a bank since covid. Good luck.
Don't even know what kind of employee benefit we have
I've been here more than a decade and never opened an account with Wells. The employee benefits were never remotely tempting enough to deal with Wells Fargo more than I absolutely had to.
Unless you carry a credit card balance, they probably lose money on employee accounts.
I never opened one. Why would I move all my banking to a company that could lay me off next week? Maybe if I had been here 20 years but I started 5 years ago.