Henry Wells & William Fargo founded Wells, Fargo & Co. in March 1852 during the gold rush in San Francisco, Ca. They Offered banking and express; buying and selling of gold dust, bullion, and specie (or coin); and freight service between New York and California. Although it was not the first bank in the west, it was recognized as being the best. In the 1850’s Wells Fargo expanded rapidly and gained a reputation for dependability and soundness. It became renowned for going great lengths to serve its customers, even in the most remote locations. In 1866 Wells
Fargo developed their own stagecoach business and adopted the stagecoach as their symbol. In
1888, Wells Fargo became the country’s first nationwide express company, and their motto was
“Ocean-to-Ocean” because they offered services in over 25 states. At the start of the 20th century gold was no longer the main function; instead they turned to traditional service such as deposits, making loans and issuing letters of credit.
Today, Wells Fargo & Company is a diversified financial services company with
$428 billion in assets, providing banking, insurance, investments, mortgage and consumer finance to more than 23 million customers across North America and elsewhere internationally.
Wells Fargo's vision statement reads "We from, more than 10,000 stores and the Internet
(www.wellsfargo.com) want to satisfy all of our customers' financial needs, help them succeed financially, be the premier provider of financial services in every one of our markets, and be known as one of America's great companies."
Wells Fargo is a diversified financial service company that provides banking, insurance, investment, mortgage, and consumer and commercial finance services through more than
10,000 stores. Wells Fargo also provides 12,000 ATM machines nationwide and Internet service that can be accessed worldwide since 1989. As of this year, the company has $1.2 trillion in total assets and $134