Wells Fargo and Bank of America are two of the largest financial institutions in the U.S. and are fairly similar, but one or the other may be better for your individual financial needs.

Wells Fargo & Co. has cleared a major obstacle to its growth plans, opening the way for the bank to grow after years of restrictions related to its fake-accounts scandal.

Both Wells Fargo and Bank of America offer a broad ATM network nationwide. While Wells Fargo has approximately 11,000 ATMs, Bank of America has approximately 15,000 ATMs.

Wells Fargo offers a variety of banking products for individuals at any stage of life. Whether you’re looking to open a checking, savings or certificate of deposit (CD) account, the bank has ...

Wells Fargo Overview. Wells Fargo is a national brick-and-mortar bank with more than 5,600 branches and 11,000 ATMs. Branches are available in about 36 states and Washington, DC.

At $1.9 trillion in assets, Wells Fargo is the third largest bank in the U.S. behind JPMorgan Chase and Bank of America, according to Federal Reserve data.

The Federal Reserve imposed the asset cap on Wells in February 2018, limiting the size of its balance sheet to about $1.9 trillion. The cap, a first-of-its-kind punishment, was imposed after the ...