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Headquarters: Website: http://www.wellsfargo.com Career Site Wells Fargo has over 9,000 stores and 12,000 ATMs, one of the largest ATM networks in the nation. Wachovia was acquired by the company in 2008 and is transitioning to the Wells Fargo name. Wells Fargo had $1.3 trillion in assets at the end of 2011. The company ranks No. 1 in customer satisfaction for banks in a survey for the American Consumer Satisfaction Index. In 2011, Wells Fargo reported revenues of $80.9 billion, down 5%, and record net income of $15.9 billion. The company had $769.6 billion in total loans at the end of 2011. Average deposits at the end of 2011 were $864.9 billion. “I’m extremely pleased with Wells Fargo’s performance in 2011 – including strong deposit and loan growth, record cross-sell and record earnings,” said Chairman and CEO John Stumpf. “We achieved these results while completing the conversion of Wachovia’s retail banking stores – the largest such conversion in banking history – and now all of our 6,239 retail banking stores are on a single platform serving customers coast to coast. At the time of the merger, we said the integration of Wachovia would take three years and we are right on track. I couldn’t be prouder of how our two companies have come together as one, thanks to the important and tireless work of our more than 260,000 team members." History In 1852, Henry Wells and William Fargo founded Wells, Fargo & Co. to serve the West. The new company offered banking (buying gold, and selling paper bank drafts as good as gold) - and express (rapid delivery of the gold and anything else valuable). Wells Fargo opened for business in the gold rush port of San Francisco, and soon Wells Fargo's agents opened offices in the other new cities and mining camps of the West. In the boom and bust economy of the 1850s, Wells Fargo earned a reputation of trust by dealing rapidly and responsibly with people's money. In the 1860s, it earned everlasting fame - and its corporate symbol - with the grand adventure of the overland stagecoach line. The company has museums in nine cities across the country that provide free history of Wells Fargo. Wells Fargo acquired Wachovia Bank in 2008 for $15.1 billion in stock. Benefits Here are some of the benefits offered to Wells Fargo employees: - Paid Time Off - 20-35 days off each year, depending upon length of service. Six holidays observed each year. Updated January 21, 2012 |