Company Profile for Wachovia
Wells Fargo & Company
| Type | Public company |
|---|---|
| Founded | New York City |
| Industry | Banking, Financial services |
| Key People | John G. Stumpf (Chairman, President & CEO) |
| Products | Credit cards, consumer banking, corporate banking, investment banking, global wealth management, financial analysis, private equity |
ADDITIONAL INFORMATION:
Wachovia
1525 West W.T. Harris Blvd.
Charlotte, NC 28288-0376
Toll-free: 1-800-922-4684
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(WSOC-TV)
Wells Fargo Admits To Sending Thousands Of Statements To Wrong Addresses
By Chris Morran on October 27, 2011 12:15 PM
27 Comments
Need another reason to make the move to paperless bank statements? How about the fact that one of the nation's biggest banks managed to send thousands of its customers' statements to the wrong people? More »
Wells Fargo To Pay $590 Million Over Wachovia "Pick-a-Pay" Loans
By Chris Morran on August 5, 2011 1:30 PM
13 Comments
Nearly three years later, Wells Fargo is still feeling the stomach ache from its decision to gobble up the expired scraps of Wachovia. It was revealed today that the Fargo folks have agreed to shell out $590 million to settle the class-action lawsuit over Wachovia's "Pick-a-Pay" loans. More »
Wells Fargo And Wachovia Merger Is Bad News For Divorced Couple
By Ben Popken on August 5, 2011 10:00 AM
68 Comments
When Wells Fargo and Wachovia got married, it was bad news for this divorced couple. Merging the two bank's databases resulted in the husband getting bills and statements for his ex-wife. After trying to fix it and deal with some Wells Fargo customer service reps who clearly needed counseling, the man is ready to break it off with his bank too. More »
Letter To Wells Fargo Execs Finally Gets Loan Check In Reader's Hands
By Chris Morran on April 8, 2011 3:15 PM
29 Comments
In February, law school grad and Consumerist reader Stephanie applied for a $5,000 loan to cover the cost of her bar exam and related review course. Should have been no big thing, considering that she's been an account-holder at Wachovia, which Wells Fargo scooped up after it failed a few years back. Alas, it turned into a nightmare. But after several weeks of dead ends, one well-composed Executive E-mail Carpet Bomb to Wells Fargo got the mess cleared up. More »
Wells Fargo Is Worst Friend Ever, Borrows $377.09 For Two Weeks Without Asking
By Laura Northrup on March 31, 2011 12:30 PM
85 Comments
Tom is angry at Wells Fargo, because they're borrowing $377.09 from him without his permission. When Wells Fargo purchased Wachovia a few years ago, Tom's car loan came along with it. Every month, the bank would draft a payment of $384.43 from Tom's account. His last payment was due in March, and it was only $6.34, but Wells Fargo just went ahead and took the entire $384.43 out of habit. More »
Wachovia Settles "Pick-a-Payment" Mortgage Loan Class Action
By Ben Popken on February 1, 2011 4:00 PM
41 Comments
If you got a "Pick-a-Payment" mortgage from Wachovia between Aug 1 2003 and Dec 31 2008, you might be up for claiming some cash in a $50 million settlement. More »
(Kevin)
Know Your Bank's New Checking Fees To Avoid Getting Slammed
By Mary Beth Quirk on January 10, 2011 11:15 AM
57 Comments
The first reaction to your bank instituting new fees on your "free checking" account in 2011 might be sheer, overwhelming panic, or maybe rage, indignation, or some combination thereof. But don't be afraid, fee-haters, there are ways around extra charges to your account. More »
Wells Fargo Repossesses Fully Paid-Off Car
By Chris Morran on November 2, 2010 4:00 PM
186 Comments
Looks like banks are really bad at more than just home foreclosures. A woman in Tacoma, WA, was left car-less after Wells Fargo had her vehicle repossessed, even though she owned her car outright. More »
Check Fraud Leads To Kafkaesque Nightmare For Wachovia Customer
By Laura Northrup on October 8, 2010 4:15 PM
69 Comments
What do you do when you have tried every possible tactic you can think of to resolve a situation, and you can still make no progress? Michael, a 20-year Wachovia customer, now finds himself in just this situation with the bank. No one at Wachovia has the power to straighten out his customer service nightmare that began when someone forged a check on his account back in June. More »
(gnislew)
Wells Fargo To Make $772 Million In Mortgage Adjustments Following Investigation
By Chris Morran on October 7, 2010 11:00 AM
30 Comments
Wells Fargo has reached a nearly $800 million settlement with Attorneys General in eight states where the company — more precisely, Wachovia, which was acquired by Wells Fargo after it failed — was under investigation for allegedly deceiving some borrowers into taking out loans they could never pay back. More »
