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Apr 23, 2024 · 1: Wells Fargo. Worst Bank Overall. Wells Fargo earning the top position on the list of worst banks may not come as much of a surprise.
- Staff Writer
Feb 16, 2023 · All four of the nation’s trillion-dollar banks are stuck on the bottom third of the list, with $1.9 trillion-in-assets Wells Fargo sliding from 97th to dead last at 100th. Its efficiency ratio,...
- Hank Tucker
- Bank of America. Bank of America headquarters are in Charlotte, North Carolina, at the Bank of America Corporate Center. The National Bank of Charlotte acquired it in 1998 and has become the second largest financial institution in the U.S after Chase Bank by JPMorgan.
- Fifth Third Bank. Fifth Third Bank has been involved in several high-profile scandals and controversies over the years. One of the most significant scandals occurred in 2020, when the bank was fined $4.9 million by the Consumer Financial Protection Bureau for opening unauthorized accounts and charging customers for services they did not receive.
- Wells Fargo. Wells Fargo is an American banking and financial services provider. It is headquartered in San Francisco, California. The financial institution is the fourth largest bank in the country, ranked by its total assets, market capitalization, and bank deposits.
- US Bank. US Bancorp is US Bank's parent company, an American company that provides banking and financial services. It is based in Minneapolis, Minnesota, and is the fifth largest bank in the country.
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Jan 28, 2021 · JPMorgan Chase ranked highest at #51, dropping eight spots. Citigroup gained 10 spots to place at #65. Bank of America and Wells Fargo both slid, placing at #74 and #98, respectively.
Mar 23, 2018 · Best & Worst Banks According to Consumer Reports Members. Smaller institutions get higher ratings in our latest survey of more than 72,000 members. By Consumer Reports. March 23, 2018....
Aug 10, 2023 · 1. Silicon Valley Bank. Until recently, Silicon Valley Bank (SVB) was a regional bank in California that catered to the startup and tech community, to the tune of $200 billion in assets. Now, it’s considered one of the worst banks in the world. In March 2023, the bank collapsed and was taken over by the Federal Deposit Insurance Corporation (FDIC).
Sep 23, 2016 · Factoring in complaints, penalties and responsiveness to customer problems, the worst bank is Bank of America, according to a report from consumer finance site ValuePenguin.
