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Wells Fargo Introduces New Monthly Fee

Basic checking customers will see a $7 monthly fee.

Wells Fargo said Thursday that it will start charging basic checking account customers in six states, including Pennsylvania, a $7 monthly fee, according to the Philadelphia Business Journal.

The fee will start in June and customers with a minimum balance of $1,500 or direct deposit of at least $500 won’t have to pay. The fee will be lowered to $5 for customers who opt to go paperless.

Many former Wachovia customers are now Wells Fargo bankers after the banks were all changed over last year.

Here are the local Wells Fargo branches:

Dannytheman March 14, 2012 at 02:03 PM
Bye bye Wells Fargo!!
Ken Smith March 15, 2012 at 01:35 PM
Time to leave this bank


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