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The Wells: Wells Fargo
built 230 days ago
The Wells Fargo Business Weekend Sweep service is the latest innovative service tailored to meet the needs of small business owners and offered exclusively by Wells Fargo. In June 2007, the company launched Merchant Checking, which combines a full-service business checking account with credit and debit card processing.
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The Wells Fargo Second Annual Survey of American Homeowners found that of the 8 percent of homeowners with interest-only real estate-secured accounts, a 73-percent majority pay both the principal and interest at least some of the time. Of this 73 percent, 23 percent pay the principal in addition to interest all of the time while an additional 8 percent make principal payments as well as interest payments outside of the standard payment schedule. Just one in four (25 percent) pay only interest all of the time. These behaviors were consistent across both age and income.
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The Wells Fargo Campus Card Program delivers a single-card solution that enhances your University's ID program. Students, faculty, and staff need only one card for day-to-day on-campus ID access, for dining and retail purchases, to get cash from Wells Fargo® ATMs, and to make purchases off campus.
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The #1 ranked bank lender of Small Business Administration (SBA) loans in total dollar volume, Wells Fargo is an SBA Preferred Lender in 28 states and the District of Columbia, and originated 4,937 loans for $578 million in 2006. Its diverse business services programs provide outreach and education to women, African American, Latino, and Asian business owners about financial services. Since 1995, Wells Fargo has loaned more than $34 billion to women and diverse business owners. For more information, please visit www.wellsfargo.com/biz.
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Wells Fargo & Company's major subsidiary, Wells Fargo Bank, was still loaded with debt, including relatively risky real estate loans, in the late 1980s. However, the bank had greatly improved its loan-loss ratio since the early 1980s. Furthermore, Wells continued to improve its health and to thrive during the early 1990s under the direction of Reichardt and Hazen. Much of that growth was attributable to gains in the California market. Indeed, despite an ailing regional economy during the early 1990s, Wells Fargo posted healthy gains in that core market. Wells slashed its labor force--by more than 500 workers in 1993 alone--and boosted cash flow with technical innovations.
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Wells Fargo Mobile transactions are covered by the Wells Fargo 100% Online Security Guarantee. Mobile banking sessions have the same layered security approach and technology as all sessions on wellsfargo.com. Wells Fargo was the first financial institution to introduce access to banking accounts on the Internet in 1995.
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