Wells Fargo Bank logo

Wells Fargo Bank in Long Island City, NY

No stored Google rating available.

Wells Fargo is a major national bank offering checking, savings, credit cards, mortgages, and business banking services across thousands of branches and ATMs.

Data compiled from public sources

Wells Fargo Bank Review

Wells Fargo Bank is one of the largest financial institutions in the United States, operating as a diversified banking company with extensive physical and digital presence. The company provides comprehensive banking services to consumers and businesses nationwide through a network of branch locations and ATMs. Based on the company's known operations and public information, Wells Fargo offers a broad range of financial products including deposit accounts, lending services, investment options, and payment solutions.

The bank distinguishes itself through its large branch network, extensive ATM access, and integrated financial services platform that allows customers to manage multiple banking relationships in one institution. Wells Fargo serves millions of customers but has faced significant regulatory scrutiny and public trust issues related to past sales practices scandals. The company continues to operate as a major banking alternative for customers seeking traditional full-service banking with physical locations.

However, prospective customers should be aware of the bank's historical compliance issues and reputation challenges. Wells Fargo remains a viable option for those prioritizing branch convenience and integrated banking services over newer fintech alternatives.

Services & Features

ATM access and cash withdrawal services
Business banking and commercial accounts
Checking and savings accounts
Credit cards with rewards and benefits
Customer service and account support
Investment and wealth management services
Money market accounts and certificates of deposit (CDs)
Mortgage lending (home purchase and refinance)
Online and mobile banking platforms
Personal loans and lines of credit
Small business lending and SBA loans
Wire transfers and money transfer services

Feature Checklist

Mobile App
Online Portal
Score Tracking
Credit Education
Personal Advisor
Identity Theft Protection

Pros & Cons

Pros

  • Extensive nationwide branch network with thousands of locations for in-person banking
  • Large ATM network providing convenient cash access across the United States
  • Integrated platform allowing management of multiple banking products (checking, savings, credit, mortgages)
  • Offers full spectrum of banking services including consumer and business accounts
  • Established institution with long operational history and FDIC insurance protection
  • Online and mobile banking options for digital account management
  • Multilingual support available (Spanish language services noted on website)

Cons

  • History of regulatory violations and sales practice scandals affecting consumer trust
  • Often criticized for higher fees compared to online-only and community banks
  • Complex fee structures that may result in unexpected charges for consumers
  • Large institution bureaucracy can make dispute resolution slower than smaller banks
  • Website navigation issues and outdated digital experience relative to newer fintech competitors

Consumer Complaint Record

Wells Fargo Bank received 21,333 consumer complaints in the past 12 months. All complaints received a timely response from the company.

21,333

Complaints (12 months)

20.8%

Resolved with relief

Stable

Complaint trend

Most Common Complaint Categories

Managing an account
24.4%
Incorrect information on your report
9.2%
Problem with a lender or other company charging your account
6.4%

CFPB Enforcement Actions

Wells Fargo Bank, N.A. — $3.7B — On December 20, 2022, the Bureau issued an order against Wells Fargo Bank, N.A., which is a national bank headquartered in Sioux Falls, South Dakota.

Wells Fargo Bank, N.A. — $1.0B — On April 20, 2018, the Bureau issued an order against Wells Fargo Bank, N.A. in a coordinated action with the Office of the Comptroller of the Currency (OCC).

Wells Fargo Bank, N.A. — $3.6M — On August 22, 2016, the Bureau issued an order against Wells Fargo, N.A. to address its illegal private student loan servicing practices that increased costs and unfairly penalized certain student loan borrowers.

Wells Fargo Bank, N.A. — $100.0M — Today the Bureau fined Wells Fargo Bank, N.A. $100 million for the widespread illegal practice of secretly opening unauthorized deposit and credit card...

Wells Fargo Bank, N.A. — $9 — CFPB and the Maryland Attorney General took action against Wells Fargo and JPMorgan Chase for an illegal marketing-services-kickback scheme they...

SBA Lending Record

Ranked #5 in MS for SBA 7A lending in FY2026.

Source: Consumer Financial Protection Bureau · CFPB Enforcement Records · SBA

State Consumer Finance Context

This is state-level context for Banks consumers in Long Island City, NY. It does not confirm that Wells Fargo Bank or this specific location is licensed.

State regulator

New York Department of Financial Services

Key state rules to check

  • Payday lending is banned; civil usury cap of 16% and criminal usury cap of 25% make it illegal.
  • The Department of Financial Services actively enforces against online payday lenders targeting NY residents.
  • Licensed lenders under the Banking Law may charge rates agreed upon for certain loan types.

Source: CreditDoc state-law summary and listed public regulator resources. Verify licensing directly with the listed state regulator before relying on a provider.

Frequently Asked Questions

What services does Wells Fargo Bank offer?

Wells Fargo Bank offers 12 services including Checking and savings accounts, Money market accounts and certificates of deposit (CDs), Credit cards with rewards and benefits, Personal loans and lines of credit, Mortgage lending (home purchase and refinance), and 7 more.

What profile signals are listed for Wells Fargo Bank?

Wells Fargo Bank has profile signals associated with Customers prioritizing physical branch access and in-person banking services, Businesses requiring comprehensive commercial banking and treasury services, Consumers seeking integrated banking with mortgages, investments, and credit products, Users who value established institutions with FDIC insurance and regulatory oversight.

What are the strengths and weaknesses of Wells Fargo Bank?

Key strengths: Extensive nationwide branch network with thousands of locations for in-person banking; Large ATM network providing convenient cash access across the United States; Integrated platform allowing management of multiple banking products (checking, savings, credit, mortgages). Areas to consider: History of regulatory violations and sales practice scandals affecting consumer trust; Often criticized for higher fees compared to online-only and community banks.

How does Wells Fargo Bank compare to similar companies?

In the Banks category, comparable providers include Bank of America Financial Center, Bank of America Financial Center, Credit Suisse (Investment Banking). Each company has different strengths, so compare services, pricing, and consumer complaint records before deciding what to do next.

Quick Facts

Headquarters
25-40 Jackson Ave, Long Island City, NY 11101
BBB Accredited
No
Visit Wells Fargo Bank

CreditDoc Profile Note

Research Note on Wells Fargo Bank

Wells Fargo is profile signals for customers who value physical branch presence, integrated banking services, and established institutional credibility, despite recent reputation challenges. The main caveat is awareness of the bank's historical compliance issues and potential fee structures that may be higher than competitors—prospective customers should carefully review current fee schedules and consider alternatives before opening accounts.

Profile Signals

  • Customers prioritizing physical branch access and in-person banking services
  • Businesses requiring comprehensive commercial banking and treasury services
  • Consumers seeking integrated banking with mortgages, investments, and credit products
  • Users who value established institutions with FDIC insurance and regulatory oversight
Updated 2026-05-08

Similar Companies

Bank of America Financial Center logo

Bank of America Financial Center

New York's Bank of America Financial Center at 88 Bowery delivers full-service banking, deposits, and investment services for Lower Manhattan.

BBB: NR

Profile signals: Customers seeking comprehensive personal and business banking with professional financial guidance, Philadelphia residents needing multilingual banking support in non-English languages

Bank of America Financial Center logo

Bank of America Financial Center

New York, NY's Bank of America Financial Center at 284 Bowery provides personal and business banking services with convenient Saturday hours.

BBB: NR

Profile signals: Existing Bank of America customers in the Kensington and North Philadelphia area, Small business owners needing commercial deposit services or business banking advice

Credit Suisse (Investment Banking) logo

Credit Suisse (Investment Banking)

UBS is a global wealth manager and universal bank offering investment banking, asset management, and wealth management services to individuals, corporations, and institutions worldwide.

BBB: NR

Profile signals: High-net-worth individuals and families seeking personalized wealth management and investment advice, Large corporations and institutional investors requiring investment banking and capital markets services

Compare Your Needs With Wells Fargo Bank

Answer 3 quick questions to review category, service, and profile context.

1. What's your primary financial goal?

Quick Summary

  • Wells Fargo Bank is listed as a Banks provider in Long Island City, NY on CreditDoc.
  • Use this page to check contact details, location, listed services, review signals, FAQs, and similar providers before deciding what to do next.
  • If you need a loan, account, installment option, credit help, or debt support, start with the fit quiz and compare alternatives before contacting a provider.
  • For broader context, continue into the free Credit Fundamentals course or a relevant financial wellness guide.

Financial Wellness Guides

Affiliate Disclosure: CreditDoc may earn a commission when you click links to Wells Fargo Bank and other services. These commissions help us maintain our free research. Compensation does not determine whether a provider can be covered; visible star ratings use stored Google review ratings when available. Learn more.