For the second time this year, Wells Fargo has acknowledged that direct deposits were not showing up in customers’ accounts.

For the second time this year, Wells Fargo has acknowledged that direct deposits were not showing up in customers’ accounts. — Looks like Wells Fargo and many major banks about to be hit by massive bank runs…

  • worfamerryman@beehaw.org
    2·
    11 months ago

    I keep hearing bad thing after bad thing about Wells Fargo. Over the years of course, but who would still bank with them?

  • AutoTL;DR@lemmings.worldBEnglish
    1·
    11 months ago

    This is the best summary I could come up with:

    “Entirely panicked,” Matherly said, she raced to a local Tom Thumb convenience store to get a money order, and ended up having to borrow $500 from a friend to get the funds necessary to secure her new keys.

    This week’s incident mirrored one encountered by Wells Fargo customers in March, which the company then blamed on an unspecified “technical issue.”

    The outage comes as NBC News reports phony bank accounts have resurfaced at Wells Fargo.

    Jeani Cortez, a single, disabled, self-employed accountant and Alaska resident, says she was supposed to have paid her rent, gas, electric and internet payments for the month by now with funds she deposited Wednesday.

    For Brent Morrison, a Texas resident and father of two, the Thursday outage was doubly painful: He was laid off less than two weeks ago.

    While the funds — approximately $2,000 — ultimately did appear in his account, Morrison said he’d also been affected by the March outage, so he is now looking to move his money to a local bank, he said.

    I’m a bot and I’m open source!