Thread regarding Wells Fargo & Co. layoffs

Pull your money out of Wells before you get fired or after?

While we sit around wondering if we'll be fired next, NOW IS THE TIME to PULL YOUR MONEY OUT OF WF and put it ANYWHERE ELSE. It's the best we can do while we wait to see if it's our time or not. If you haven't done so already, I HIGHLY RECOMMEND you pull ALL of your money out of this sh1thole company. That is if you weren't smart enough to already not have your money here.

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Post ID: @OP+1jwJ9cfi

10 replies (most recent on top)

How sad is it that after leaving emloyment that your accounts are changed from Team Member accounts? It used to be you keep the Team Member account forever. You were even able to open a Team Member account as a contractor. Losing the dollars while chasing pennies.

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Post ID: @1ouc+1jwJ9cfi

Don't forget your Cash Balance Plan money. You can roll that over to an IRA or another company's 401K in some cases. If you worked over 15 years or so, you have that Cash Balance plan. I think they dissolved it when Walkoverya was purchased.

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Post ID: @1qos+1jwJ9cfi

Putting your money in a WF savings account is almost like putting it under your mattress. Virtually no interest. Go seek out an Internet bag with high-yield. Synchrony bank has a 3% APY right now. Easy iOS app with a button to transfer funds to and from your WF checking.

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Post ID: @1bcl+1jwJ9cfi

Why? You think they'll restrict your accounts if you leave?

More clueless conspiracy cr-p

1 hour ago by Anonymous | 6 reactions (+2/-4)
Post ID: @gbs+1jwJ9cfi
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I don't know who that's directed to, but what I'm saying (the OP) is that since wells doesn't give a cr@p about us, we should all take our money elsewhere. I'm not looking for financial advice, I'm saying sc--w WF. Mass exodus of money to another bank.

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Post ID: @fae+1jwJ9cfi

If you are laid off, the day your 60-day notice is over, your checking and savings are changed from an Employee account to a different type. Mine is now an Everyday checking account. I received my last severance check last week and will be closing all my accounts with WF. If you don't change your deposits before your 60 day notice is up, you should just ride it out until your last severance check as they limit what you can do in Workday.

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Post ID: @ezw+1jwJ9cfi

Why? You think they'll restrict your accounts if you leave?

More clueless conspiracy cr-p

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Post ID: @gbs+1jwJ9cfi

Synchrony Bank. High-yield savings account 3% APY. They have a pretty good iOS app.

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Post ID: @onn+1jwJ9cfi

"Never put all your eggs in one basket."

Except at Easter.

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Post ID: @kbq+1jwJ9cfi

Checking/Savings - does not matter
401K- after you leave

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Post ID: @gkx+1jwJ9cfi

Never put all your eggs in one basket.

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Post ID: @med+1jwJ9cfi

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