Wells Fargo May be the First Bank to Adopt Bitcoin

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Wells Fargo Paying 0.70% APY on 58-Month CDs

Wells Fargo, is offering 0.70% APY on CDs for the 58-month term with a minimum deposit requirement of $5,000. The bank has reduced its CD rate by ten percent. Nationwide Bank and CIT Bank pay 1.80% APY on CDs for 60-month term. Both these banks let you open online CD accounts … [Read more...]

Third Quarter Increase in Profit for Wells Fargo

Wells Fargo released their third quarter earnings statement showing a 22% increase for the quarter. Wells Fargo has the largest worth of any U.S. Bank and is the nation’s largest financial institution when it comes to mortgages. Driving this strong financial quarter for Wells … [Read more...]

U.S. Files Suit Against Wells Fargo for Faulty FHA Mortgages

Today Wells Fargo became the latest bank to be sued by the U.S. government for alleged fraud leading to the housing bust and financial meltdown. Manhattan U.S. Attorney Preet Bharara, in conjunction with the U.S. Department of Housing and Urban Development, filed a civil suit against … [Read more...]

Wells Fargo Cuts Down its APY to 0.90% for 58-Month CDs

Wells Fargo has reduced the APY it is offering on 58-month CDs to 0.90%, which is a one-quarter percent drop from what it was previously offering. The minimum deposit for this deposit is $5,000. On an average, large banks pay an APY of 1.05% for 60-month CDs, which makes this new … [Read more...]

Wells Fargo Paying 1.15% APY on 58 Month CDs

At Wells Fargo, savers can avail a special certificate of deposit for the 58 month term. It pays 1.15% APY on minimum deposits of $5,000. The deal is better than the average rate of 1.12% APY, which is offered by most financial institutions. Savers in New York City, Miami, Los … [Read more...]

Wells Fargo Financial Closing and Cutting Jobs

Today Wells Fargo sent out a press release stating that they are closing 638 or their offices and cutting 3,800 jobs due to restructuring. Wells Fargo Financial offered various loans and mortgages to consumers with low credit scores. This is the division that Wells Fargo is … [Read more...]

Wells Fargo Offering 1.15% APY on 58 Month CDs

Wells Fargo is offering 1.15% APY on CDs for 58 months. To earn the rate, you will have to make a deposit of $5,000 minimum. The rate may change according to where you reside. To find out the deal offered by Wells Fargo for an area, you will have to enter the zip code on its site. … [Read more...]

Wells Fargo Paying 1.15% APY on 58 Month CDs

Wells Fargo is paying 1.15% APY on 58 month CDs. The rate can be availed by savers across the nation, except those who reside in Wyoming, South Dakota and North Dakota. In addition to this deal, the bank also has a 12 month CD through which you can earn 0.05% APY … [Read more...]

Wells Fargo Offering 1.40% APY on 58 Month CDs

Wells Fargo is offering a special deal on CDs for the 58 month term. The bank’s rate in Alaska is the best for this term when compared to that in other states. Savers in Alaska can get 1.40% APY on 58 month certificates of deposit. Those in other states can earn 1.15% APY. The … [Read more...]

Wells Fargo Paying 0.05% APY on 6 Month CDs

Wells Fargo is offering 0.05% APY on 12 and 6 month CDs. Its rate on 3 month CDs is just 0.01% APY. These are lower than the average annual rates on CDs for the same term. The bank is also offering special rates for different states on off-term CDs. Savers in Washington and Alaska, … [Read more...]

Wells Fargo Offering 2.15% APY on 58 Month CDs

Wells Fargo is offering 2.15% APY on its 58 month CDs. This is on a minimum deposit of $5,000. The rate can be purchased by residents of any state in the US, with the exception of those in Illinois, Michigan, Arkansas, New Mexico, Iowa, Wisconsin, Nevada, Minnesota and Texas. The … [Read more...]

Wells Fargo Paying 2.15% APY on 58 Month CD

Wells Fargo is offering 2.15% APY on 58 month special CDs in a few states. As Wells Fargo’s CD rates change from state to state, savers in Ohio, Florida and California get 2.15% APY whereas, savers in Iowa get 1.65% APY on the same period. A few other sates are not offered a … [Read more...]