Wells Fargo is one of the largest banks in the United States, currently the 2nd largest bank in America by the number of branches. It competes with Chase Bank often for control over the coverage of many different states. Despite its origins in Sioux Falls, South Dakota, the state with the largest number of branches for Wells Fargo in California. Even though there are nearly 900 branches, it is still considered the second-biggest bank in this state.
It is not a secret that California is the most expensive state in America, as the likes of Silicon Valley and the promise of riches in the tech sector have brought investors and wealthy people from around the world, especially to take advantage of the luxury real estate market in places like Los Angeles, San Francisco, and any surrounding areas. Because of this, many of the residents and tourists have required access to capital assets, much beyond what ATMs can offer. Even for those with the maximum limit on their debit cards, there is a huge need for in-person services to close mortgages, loans, and other investments to bolster the Californian economy.
Although there have always been mixed feelings when it comes to Florida for many Americans, it remains one of the most attractive long-term tourist destinations for many people, both domestically and abroad. It is well known in the neighboring country of Canada, where "snowbirds" have purchased property to live in for half of the year when the climate in Canada is much colder.
Because of the influx of investors and tourism, there is a huge demand for services and capital assets - especially for those services that have everything to do with things like cross-border banking, mortgages, and property investment. Florida has a rich history, with places such as Disney World attracting thousands of tourists each month both for entertainment and residence. The unique climate in Florida has been a focal interest for older citizens and travelers that are looking to enjoy a more humid and hot environment, which can be attributed to a longer and healthier life.
Wells Fargo is the number one bank by the number of branches, with 509 branches within the state.
Texas has risen to prominence over the years for much more than cattle-ranching and cowboy stereotypes. Texas is a state with one of the largest land masses and has favorable weather for those that are looking to escape colder climates. The main attraction to Texas is the lifestyle and cost of living, as many investors are able to purchase large properties for extremely cheap, and the cities of Texas are vastly different from one another, which fits all beliefs, lifestyles, and cultures.
This has made the area an attractive place for Wells Fargo, which is the number one bank in Texas by branch volume. Mortgages, cross-border banking (on both sides), and other loan products are in high demand within the state.
# of Banks
# of ATMs
|District of Columbia