Wells Fargo Bank
Wells Fargo Bank is owned and operated by the Wells Fargo & Company based in the San Francisco Bay Area, California. Wells Fargo & Company provides a broad spectrum of financial services to individual and corporate clients including mortgage, investment, insurance, banking and consumer financing. The company takes pride of a wide network of banking centers totaling to 6,000 bank shops using time-tested traditional and new technology-based banking channels in North America and world wide.
Wells Fargo Bank has main office in San Francisco. But the company says they are decentralizing their operations to heed the local needs of each market. This way, the company is able to grab a strong hold on customer satisfaction and product efficiency. Well Fargo Bank has total assets of $486 billion and employs over one hundred fifty thousand workers in all its 80 business lines. Wells Fargo Bank joins America’s 40 most admired private employers. In terms of assets, the company ranked fifth in the whole.
Because of the company’s firm vision in satisfying its increasing mass of clients, Wells Fargo is able to do well in attaining its corporate goals – to be the leading and the great financial services provider in all Wells Fargo Bank locations in the United States.
Wells Fargo Bank seems to be heading on the right track. The company has gained a good reputation founded on industry recognition of its businesses. In a most recent citing, Wells Fargo Bank ranked number 41 in terms of revenue among the top banking institutions in America as per the Fortune magazine. Fortune also enlisted Wells Fargo as the 19th most profitable firm in the whole world.
Barron’s, a high respected financial publication, quoted the Wells Fargo as the twelfth most admire firm world wide. According to the CRO Magazine, a publication for Corp Responsibility Officer, Wells Fargo is the fiftieth corporate citizen. Business Week hails the company as member of the best 25 companies to be employed furthering the company’s lead in the employment sector. To back this up, the Working Mother Magazine rated Wells Fargo as among the top 100 firms fit for working moms.
More on performance, the Moody’s rated the company with triple A. Standard & Poor’s Ratings Services also gave Wells Fargo a triple A. In fact, it’s the only bank in the United States ever to have a triple A.
For environmental compliance, the US Environmental Protection Agency acknowledges the Wells Fargo Bank as the top buyer of renewable energy resources in the United States. For diversity, Diversity Incorporated admired the company as one of the top twenty companies that foster diversity. A magazine for Latin communities, the LATINA Style, also cited company as part of the 50 Top US Companies fit for Latin market. Essence Magazine, recognized Wells Fargo as one of the 25 Great Companies to be employed for Female African Americans.
In addition, the Mergent Incorporated awarded the Wells Fargo Bank as the Dividend Achiever. Well Fargo Banks were able to collectively increase dividends for eighteen straight years, totaling to twenty three increases since the year 1988
Mortgage Bankers Association considers Wells Fargo as the second largest commercial real estate in the United States in terms of volume. Wells Fargo Bank online banking customer service is also duly recognized through KeyNote WebExcellence. It ranked number 1 in terms of user friendliness, security and privacy for its website and online services. Furthermore, CIO declares Wells Fargo Bank as one of the 100 Winners of quality wholesale treasury and internet solutions.
Wells Fargo Bank goes far beyond the four corners of the bank and exceedingly provides support for various community programs and activities. Their voluntary participation is duly recognized with a citation from Points of Light Foundation as an Excellent Workplace for Volunteer Programs. Forbes also ranked Wells Fargo as fifth among the most Generous Corporate Foundations in the United States.
It is without a doubt that Wells Fargo is a high profile company built on a long standing banking experience, strong corporate principles and a mass of industry recognitions, evidence of the company’s superior banking services.