Wells Fargo, is the second largest bank in the United States with 6,582 officies and $719 billion in deposits. Headquartered in San Francisco, California, Wells Fargo was founded in 1852, and now employs over 280,000 people.

Wells Fargo Bank is just one of Wells Fargo’s operating businesses. There is community banking (Wells Fargo Banks), Whole Banking and Wealth Brokerage and Retirement.

Wells Fargo Bank Services

Checking Accounts: Wells Fargo has many services with their traditional checking accounts. The fees for checking accounts are $5 (standard), $3 (college) and go higher. These fees can be waived if “requirements are met.” For example the standard checking account fee can be waived if:  “Sign up for Direct Deposit4 OR Maintain an average daily balance of $1,500.”

Savings: They offer a high-yield savings account with very poor interest rates. Depositors can seek better returns elsewhere.

Custom Services

Wells Fargo offers wealth, brokerage, and retirement advice through its subsideraires: Wells Fargo Investments, LLC and Wells Fargo Advisers.

Wells Fargo offers reasonable CD rates for those who can set aside their money for a specific amount of time. By doing so, you will be able to lock in a higher rater thus creating more money in your pocket.

Wells Fargo had 6,650 retail branches (called stores by Wells Fargo), 12,260automated teller machines, 276,000 employees and over 48 million customers. Wells Fargo currently operates stores and ATMs under the Wells Fargo and Wachovia names.

To qualify for the standard CD rates, a minimum deposit ranging of $2,500, $10,000 or $100,000 is required. The same rate will apply to each deposit amount.

Wells Fargo – California – Standard CD Rates as of 7/8/2011

  • 3-month term – 0.05% APY
  • 6-month term – 0.05% APY
  • 1 Year – 0.10% APY

Wells Fargo – California – Special CD Rates as of 7/8/2011

  • 11-month term – Renews for 6 month term – 0.15% APY
  • 26-month term – Renews for 24 month term – 0.40% APY
  • 35-month term – Renews for 24 month term –0.70% APY
  • 45-month term – Renews for 36 month term – 1.30% APY
  • 58-month term – Renews for 48 month term – 1.90% APY

Terms: To qualify for Special CD Rates, an opening deposit of $5,000 is required. Special Rate applicable to initial term only. At maturity, CD will automatically renew for the Renewal Term stated above, at the interest rate and APY in effect for CDs not subject to a Special Rate, unless the Bank has notified the party.

Saving towards a goal can be well accomplished through the savings accounts provided by Wells Fargo. Wells Fargo makes banking convenient for you with access to over 12,000 Wells Fargo and Wachovia ATMS and more than 6,200 branches. They provide customer service 24 hours a day and pride themselves in helping every customer with their financial needs.

Wells Fargo Way2Save Savings – California – as of 7/8/2011

  • $100 minimum opening deposit or just $25 with an automatic savings plan
  • $5 service fee – waived with $300 minimum balance or setting up an automatic, recurring saving option
  • Earn a premium interest rate – eligible with a linked Wells Fargo checking account and maintains at least one of the automatic savings options the Bank has to offer

Wells Fargo Way2Save Savings Rates – California – as of 7/82011

  • $0 or more – 0.05% Interest Rate – 0.05% APY

Wells Fargo Premium Interest Rates – California – as of 7/8/2011

  • The first $500.99 – 2.96% Interest Rate – 3.00% APY
  • From $501 up – 0.05% Interest Rate – 3.00% to 0.06% APY

Terms: You are allowed one Way2Save Savings account that is eligible to receive a premium rate. The premium interest rate will be paid on the portion of your account balance less than $501. The remainder of your account balance will receive the standard interest rate. The premium interest rate will begin with the first full statement cycle following the first Automatic Transfer or Save As You Go transaction posted to your Way2Save Savings account. The

Wells Fargo High Yield Savings – California – as of 7/8/2011

  • $25,000 minimum opening deposit
  • $25 monthly service fee – waived with $25,000 average daily balance
  • Withdrawal and transfer transaction limited to 6 per month
  • Compounded daily

Wells Fargo High Yield Savings Rates – California – as of 7/82011

  • $0-$24,999.99 – 0.05% APY
  • $25,000 or more – 0.15% APY

Wells Fargo High Yield Savings Bonus Rates – California – as of 7/8/2011

  • $0-$24,999.99 – 0.15% APR – Bonus APY if linked to PMA Package
  • $25,000 or more – 0.25% APR – Bonus APY if linked to PMA Package

Terms: To receive the Bonus APY on the High Yield Savings account you must maintain a linked PMA Prime Checking account or PMA Premier Checking account. Penalties and/or fees may apply for early withdrawals.

By choosing a money market account at Wells Fargo, you are offered competitive rates and have easy access to your money. With a Wells Fargo money market account, you have the option to write checks and are provided with online savings tools.

Wells Fargo Money Market Savings – California – as of 7/8/2011

  • $100 minimum opening deposit
  • $10 monthly service fee – waived with $3,500 minimum daily balance or $75 automatic monthly transfer from another Wells Fargo account
  • Withdrawal and transfer transaction limited to 6 per month
  • Compounded daily

Wells Fargo Money Market Savings Rates – California – as of 7/8/2011

  • $0 or more – 0.05% APY

Wells Fargo Money Market Savings Bonus Rates – California – as of 7/8/2011

  • $0 or more – 0.15% APY

Terms: To receive the Bonus APY on the Wells Fargo Money MarketSavings account you must maintain a linked PMA Premier Checking account, PMA Prime Checking account, Wells Fargo Complete Advantage Checking account, Wells Fargo Premium Membership Checking account, or Wells Fargo Custom Management Checking account. Penalties and/or fees may apply for early withdrawals.

Wells Fargo offers superior customer service when providing their mortgage and finance rates. Many options are available to help a person decide what kind of rate would be best for them and to also learn more about their various tax credits.

With Wells Fargo, a customer can feel secure in knowing they are being provided with all the facts before deciding on a mortgage loan.

Wells Fargo – Conforming & FHA Loans as of 7/8/2011

  • 30-Year Fixed – 4.625% Interest Rate – 4.812% APR
  • 30-Year Fixed FHA – 4.500% Interest Rate – 5.523% APR
  • 15-Year Fixed – 3.750% Interest Rate – 4.069% APR
  • 5-Year ARM – 3.000% Interest Rate – 3.170% APR
  • 5-Year ARM FHA – 3.250% Interest Rate – 3.311% APR

Wells Fargo – Larger Loan Amounts in Eligible Areas – Conforming & FHA as of 7/8/2011

  • 30-Year Fixed – 4.750% Interest Rate – 4.886% APR
  • 30-Year Fixed FHA – 4.625% Interest Rate – 5.600% APR
  • 5-Year ARM – 3.250% Interest Rate – 3.211% APR

Wells Fargo – Jumbo Loans – Amounts that Exceed Conforming Loan Limits as of 7/8/2011

  • 30-Year Fixed – 5.000% Interest Rate – 5.138% APR
  • 5-Year ARM – 3.500% Interest Rate – 3.299%

Terms: The current interest rates shown are based on a purchase of a single-family, primary residence. For current refinance rates, use Wells Fargo Rates & Payments Calculation Tool. Interest rates displayed require that you pay 1% of your loan amount toward the loan origination charge. For more information, please visit Well Fargo’s Assumptions and APR Information informational site.