I opened up a Wells Fargo checking account recently, mainly for online bill pay and also for e-bullion transactions. In less than a month, it was hacked into! Luckily, it was an attempt to transfer funds to another Wells Fargo account, and there is a limit that can be transfered daily. But my account was frozen for 10 business days while there is an investigation into fraud. So I have no access to the money in my account. I thought Wells Fargo was a reputable, secure bank with several business and personal account features. I am beginning to think I was wrong and I should have stayed only with my local credit union.

Anyone else have problems with Wells Fargo or do you like their service? Their support has been fine, but if it is a popular bank for hackers, maybe it should be avoided.

I've been banking at Wells Fargo for 20 years, and doing online banking since they first offered it. I've never had a problem and I have quite a few accounts there. I think probably your experience was unusual, just a random attack.

I've done business with them in the past. Notice I said PAST. I never had any problems with hackers, but they seem to love to charge fees when my balance was well within the require limit to be fee free and froze my account when they had posted someone else's check to my account - they did this several times.

We were going to finance our home with WF, but their interest rates were outrageous and then I found out about their involvement with preditory practices and resulting lawsuits. This involves targetting certain ethnic groups and those with less than perfect credit and charging them excessive interest rates.

I've talked to several folks who don't like Wells Fargo for various reasons.

Here's link to Wells Fargo and preditory lending practices. Preditory Lending Practices

Thanks for the info.