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The Street
The Street
Colette Bennett

Wells Fargo Just Made Another Huge Mistake

Between the $3.7 billion loan mismanagement fine it was hit with in December 2022 and lawmakers like Elizabeth Warren (D-Massachusetts) calling for its dissolution, Wells Fargo is not looking so hot lately.

That's not even including barely believable stories about its top brass -- such as the story of the Wells Fargo vice president who urinated on a female passenger during a flight in January.

But now Wells Fargo is trending on Twitter yet again -- this time due to numerous customer reports of missing deposits and paychecks.

Some customers called the bank to inquire about the problem and were left wondering why Wells Fargo did not alert them if there was a problem.

Other customers vowed to close their accounts, with some saying that the issue was restricting them from making crucial payments.

Wells Fargo provided a statement to TheStreet about the matter.

"Wells Fargo is aware that some customers’ direct deposit transactions are not showing on their accounts. We are working quickly on a resolution and apologize for the inconvenience. Customers’ accounts continue to be secure," it reads.

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