Wells Fargo had some sort of issue with direct deposits on Friday. It was widely reported in the media.
I was expecting a direct deposit from a brokerage where my XOM (Exxon Mobil) stock is, because XOM's dividend payment date was Friday.
It didn't go through--it's sitting in cash in that account now. Now I guess I have to call them and have them mail me a check.
On Thursday, I scheduled a transfer from my Wells Fargo checking account to my Capital One 360 savings account (3.4% APY), that hasn't gone through either.
It's kind of strange that a major bank has a problem like this.
The only reason I'm using Wells Fargo is...nearly 30 years ago I opened an account with Ameribanc while I was still in high school. They got bought out by First Union, which became Wachovia, which became Wells Fargo.
Switch to another bank? Well...
I also have an account with Truist (was BB&T, 1st Virginia bank prior to BB&T) for my dad's estate. They've been unable to explain how an ATM/debit card I've only ever used for check deposits in their own ATMs got over $100 in fraudulent charges by "Twitch TV". They at least reversed the charges.
I was expecting a direct deposit from a brokerage where my XOM (Exxon Mobil) stock is, because XOM's dividend payment date was Friday.
It didn't go through--it's sitting in cash in that account now. Now I guess I have to call them and have them mail me a check.
On Thursday, I scheduled a transfer from my Wells Fargo checking account to my Capital One 360 savings account (3.4% APY), that hasn't gone through either.
It's kind of strange that a major bank has a problem like this.
The only reason I'm using Wells Fargo is...nearly 30 years ago I opened an account with Ameribanc while I was still in high school. They got bought out by First Union, which became Wachovia, which became Wells Fargo.
Switch to another bank? Well...
I also have an account with Truist (was BB&T, 1st Virginia bank prior to BB&T) for my dad's estate. They've been unable to explain how an ATM/debit card I've only ever used for check deposits in their own ATMs got over $100 in fraudulent charges by "Twitch TV". They at least reversed the charges.
