Customers report missing deposits from Wells Fargo bank accounts
Source: CNN Business
Los Angeles CNN — Wells Fargo is dealing with a technical issue that has resulted in customers reporting that their direct deposits had disappeared from their bank accounts. On Thursday, a torrent of customers contacted Wells Fargo via Twitter, now officially branded as ‘X,’ claiming they could not access money that they deposited into the bank. One person tweeted that he had been hit with an overdraft fee after money went missing from his account.
It was unclear how widespread the problem was Thursday night, but as of Friday, customer complaints about the issue were still being posted on social media, and the bank continued to respond that it was working on a fix. “A limited number of customers were unable to see recent deposit transactions on their accounts.
The vast majority have been resolved and the few remaining issues will be resolved soon. We sincerely apologize for any inconvenience,” a Wells Fargo spokesperson told CNN on Friday. Wells Fargo has yet to say exactly when it expects to resolve the issue.
This isn’t the first time Wells Fargo customers have faced this particular technical glitch. In March, Wells Fargo confirmed that some customers’ direct deposits were not showing up but that their accounts “continue to be secure,” according to an NBC News report.
Read more: https://www.cnn.com/2023/08/03/business/wells-fargo-technical-issue-direct-deposits/index.html
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at least here on the east coast. So people who used to bank at indies or regionals found themselves suddenly under Wells Fargo.
Here in Philly, Wells Fargo took over Wachovia (that had earlier been First Union, that was previously Corestates, and in my case, my bank was originally a First Pennsylvania that is no more).
The above is what our basketball/hockey arena went through. 
I have an account at a credit union.
The one PITA for mine was although it was convenient when I was at work before I retired (it is a federal credit union) and they had a branch at my work building, once I retired, the branches were few and far between. They did open one a little closer to where I live a few years ago but it is still a little hike. There are some types of transactions were you basically had to go in person and that little branch had one of those "Video Teller" machines. They eventually upgraded their online app so I have so far been able to use that for one-off deposits.
I actually had gotten my car loan from that credit union and was able to actually pay it off when I retired and got a lump sum for unused annual leave (vacation time).
