Is if safe to open up a Wells Fargo bank account?

Didn't they get in trouble for making fake bake accounts?

Best Answer:

rarguile: Probably the safest place to open an account. They are under such pressure NOT to sell your products you don't need because the authorities are all over them for misleading clients in the past.

Other answer:

rarguile:
I would never give my business to a company recently proven to be amoral and to take advantage of their customers' trust.

Whether it's safe, who knows? Surely they won't do what they did again, not soon anyway, but who knows what other questionable practices are ongoing?

And why reward a company that's done wrong by giving them your business?

Local banks and credit unions, all the way. I could go to the CEO with a complaint and actually get in to see him or her.

Old Timer:
i would never give my business to a company recently proven to be amoral and to take advantage of their customers' trust…

whether it's safe, who knows? surely they will definitely not do what they did again, not soon anyway, but who knows what other questionable practices are ongoing?

and why reward a company that's done wrong by giving them your business?

local banks and credit unions, all the way… i could go to the ceo with a complaint and actually get in to see him or her…

tro:
the bank has not gone out of business, there were some employees who did it and I do know that Wells Fargo put pressure on their employees to produce(my financial advisor left them when they pressured her), the bank got caught and are changing their practices, they haven't gone out of business
The Oracle of Omigod:
Yah, but they got caught and they are trying to make nice now. Kind of like when Walmart got caught selling expired food and now they are very good about marking down food that is close to expiring.
Erin:
probably the safest place to open an account… they are under such pressure not to sell your products you don't need 'cause the authorities are all over them for misleading clients in the past…
fairly smart:
I wouldn't.
Gert:
I wouldn't go near that place.
Mark:
I wouldn't do it. I would leave if I was with them.
Love big words:
Fake a bake

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