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Is a member of the FDIC
- Wells Fargo Bank, N.A. is a member of the FDIC. The FDIC was created in 1933 to provide insurance protection for depositors of failed banks and to help maintain sound conditions in the nation's banking system. The FDIC is an independent agency of the U.S. Government. Since its inception, the FDIC has responded to thousands of bank failures.
www.wellsfargo.com/savings-cds/fdic/
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Is Wells Fargo a member of the FDIC?
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Is Wells Fargo a good bank?
Wells Fargo Bank, N.A. is a member of the FDIC and offers FDIC insurance for deposits up to $250,000 per account ownership category. Learn more about what is insured and what is not insured by the FDIC, and how to calculate your coverage.
Mar 14, 2023 · Most banks are FDIC insured. But if you want to know for sure if your bank is an FDIC member, the easiest way to find out is by using the FDIC's BankFind Suite search tool.
- Jason Stauffer
Yes, a Wells Fargo account is FDIC-insured up to $250,000 per customer, per account ownership category. This means that even if Wells Fargo fails, you will eventually be able to recover an individual account’s balance up to $250,000.
Mar 5, 2024 · Yes, all Wells Fargo accounts are FDIC insured (FDIC certificate No. 3511) up to $250,000 per depositor, for each account ownership category, in the event of a bank failure.
Jun 5, 2024 · Most, but not all, banking institutions are insured by the FDIC. The Federal Deposit Insurance Corp. (FDIC) protects you against loss if your bank or thrift institution fails.
- Chizoba Morah
Sep 27, 2024 · Wells Fargo bank account deposits are FDIC insured up to $250,000, or $500,000 for joint accounts. This means your money is safe even if Wells Fargo were to shut down.
Information about all FDIC-insured banks and their locations. Current and historical data. Find out if your bank has merged or been acquired. Review your bank's history (name changes, relocations, etc) Institution Financial Reports.
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Compare 2024's Best Savings Account Interest Rates To Enjoy The Best Perks In The Market. Best High Yield Savings Account. See Rates, Fees & More. Open Your Account Online Now.