Wells Fargo is not Wachovia - Personal Banker II – Registered Wells Fargo Employee Review

1.0
Aug 10, 2010
Recommend
CEO approval
Business outlook

Pros

Wells Fargo is a nationwide company which provides the opportunity to transfer if you need to. There are also a lot of positions available in different fields if you don't like your current role.

Cons

Wells Fargo does not value the relatiosnhip of a customer. They want the registered, senior bankers to focus on free checking accounts, debit cards and savings accounts. There is no difference in compensation for the level of money you bring to the bank (i.e. $100 pays the same as $1mm). Wells no longer values experience or ability, they only want a body in every office to sell products, not relationships. Wachovia had a great model and the customers loved it. Unfortunately, Wells will not approve many credit applications nor do they pay competitive interest rates. There are no benefits to offer the customers anymore. With no products or loans to offer, poor focus during the merger and low wages, Wells Fargo is just not a place to advance your banking career.

Explore other reviews about Wells Fargo

5.0
Jun 6, 2026
Recommend
CEO approval
Business outlook

Pros

Great culture, great community aspect

Cons

Some people are overworked, still slow off of past history

4.0
Dec 1, 2014
Recommend
CEO approval
Business outlook

Pros

Benefits (but cost creeping up and coverage creeping down each year), Good Morale Both Management and Coworkers, and Honestly a Great Company.

Cons

Cross Selling is the only focus now, firing employees who are great at their job in every area that should matter but if the cross selling results are not meeting the ever ridiculous quota (which continues to rise) than you may not have a job next month. Expectation for customers to say yes to cross selling, leaving you with no real control of your job security. Stress!

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