4.0
12 June 2008
Current employee
Brownsville, TX
Recommend
CEO approval
Business outlook
Pros
Great benefits, good salary, great training.
Cons
You essentially are a car salesman. Wells Fargo implements goals for bankers to attain bonuses so high that you have to offer financial products that the customer might not need or want. You basically convince customers that they need the products. Bankers at Wells are not true lenders but order takers. Wells Fargo pushes community banking but it really is not. Loan decisions are made in Neveda, phoniex, or Texas. Bankers have to "sell" 8 solutions to each customer. And some management has the philosophy "just do it" regardless if the customer needs the service.