Subsidy Tracker Parent Company Summary

Parent Company Name: 
Wells Fargo
Ownership Structure: 
publicly traded (ticker symbol WFC)
Headquartered in: 
California
Major Industry: 
financial services
Specific Industry: 
banking
Subsidy SummarySubsidy ValueNumber of Awards
State/Local$177,095,602102
Federal (grants and allocated tax credits)$403,608,3594
TOTAL$580,703,961106
Loan / Bailout SummaryTotal Face ValueNumber of Awards
State/Local loans, bond financing and venture capital$00
Federal loans, loan guarantees and bailout assistance (not including repayments)$342,658,317,229267
TOTAL$342,658,317,229267
Time Period for State and Local Awards: 

Earliest year of data: 1992. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2010.

Time Period for Federal Awards: 

FY2000 to the present

Notes: 

Dollar totals do not include awards for which no subsidy value is disclosed.

Associated Names: 

AG EDWARDS AND SONS; NORWEST; PRUDENTIAL SECURITIES; WACHOVIA; WELLS FARGO; WELLS FARGO BANK NATIONAL ASSOCIATION; WELLS FARGO VENDOR FINANCIAL SERVIC

Links: 

For a summary of this company's regulatory violations see its Violation Tracker summary page here.

For an overview of this company's accountability track record, read its Corporate Rap Sheet here.

For an overview of political contributions associated with this company, see its Follow the Money page.


Top 5 States for state/local awardsTotal Subsidy $Number of Awards
New York$107,286,9223
Iowa$49,165,7827
Missouri$13,508,58210
Maryland$2,000,0002
Delaware$1,398,4052
All other$3,735,91178

Individual Subsidy Records:

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Company Location Subsidy Source Year Subsidy Valuesort icon Loan/Bailout Value Type of Subsidy
Wells Fargo Bank, NA United States federal 2009 $402,890,731 federal grant
Prudential Securities (now part of Wells Fargo) New York state 1992 $106,200,000 MEGADEAL
Wells Fargo Financial 2002-EZ-05 Iowa state 2002 $11,250,000 enterprise zone
Wells Fargo Home Mortgage Iowa state 2003 $10,000,000 grant
Wells Fargo Home Mortgage Iowa state 2003 $9,775,000 tax credit/rebate
Wells Fargo Financial, Inc. 05-EZ-13 Iowa state 2004 $9,200,000 enterprise zone
Wells Fargo Bank, N.A. Iowa state 2007 $5,035,783 training reimbursement
Wells Fargo Bank, N.A. Iowa state 2005 $3,692,499 training reimbursement
AG EDWARDS TECHNOLOGY PARTNERS Missouri state 2004 $2,920,840 tax credit/rebate
WELLS FARGO ADVISORS, LLC Missouri state 2009 $2,000,000 tax credit/rebate
WELLS FARGO ADVISORS, LLC Missouri state 2010 $2,000,000 tax credit/rebate
WELLS FARGO ADVISORS, LLC Missouri state 2011 $2,000,000 tax credit/rebate
WELLS FARGO ADVISORS, LLC Missouri state 2013 $2,000,000 tax credit/rebate
Wells Fargo Bank, National Association Delaware state 2015 $1,385,025 grant/loan hybrid program
WELLS FARGO ADVISORS, LLC Missouri state 2012 $1,048,241 tax credit/rebate
Wells Fargo Home Mortgage, Inc Illinois state 2004 $1,000,000 grant
Wells Fargo Home Maryland state 2006 $1,000,000 grant/loan hybrid program
Wells Fargo Home Mortgage Maryland state 2013 $1,000,000 grant/loan hybrid program
Prudential Securities New York local 2003 $936,922 tax credit/rebate; property tax abatement
Wells Fargo Bank Colorado state $863,292 tax credit/rebate
WELLS FARGO & COMPANY Missouri state 2013 $549,559 tax credit/rebate
WELLS FARGO ADVISORS, LLC Missouri state 2008 $500,000 tax credit/rebate
Wells Fargo Financial Acceptance PA Inc Pennsylvania state $425,000 grant
Wells Fargo Bank, N.A. United States federal 2010 $342,628 federal grant
Wells Fargo Bank - Consumer Credit Corp Arizona state 2005 $285,326 training reimbursement
AG EDWARDS & SONS, INC. Missouri state 2001 $284,671 tax credit/rebate
Wachovia Bank N.A. United States federal 2007 $213,000 federal grant
Wells Fargo Bank, N.A. Iowa state 2004 $212,500 training reimbursement
WELLS FARGO & COMPANY Missouri state 2014 $205,271 tax credit/rebate
Wachovia Mortgage, FSB United States federal 2009 $162,000 federal grant
WACHOVIA CORPORATION California state 2004 $152,340 training reimbursement
WACHOVIA CORPORATION California state 2007 $152,100 training reimbursement
A.G. Edwards & Sons. Inc. New York state 2003 $150,000 grant
WELLS FARGO FINANCIAL LEASING Maine state 2009 $111,358 property tax abatement
WELLS FARGO FINANCIAL LEASING INC Maine state 2010 $71,403 property tax abatement
Wells Fargo Bank, N.A. Colorado state 2014 $49,682 tax credit/rebate
WELLS FARGO FINANCIAL LEASING INC Maine state 2011 $47,926 property tax abatement
Wells Fargo Bank, N.A. Colorado state 2016 $37,792 tax credit/rebate
WELLS FARGO FINANCIAL LEASING INC Maine state 2013 $29,992 property tax abatement
WELLS FARGO FINANCIAL LEASING INC Maine state 2012 $29,446 property tax abatement
Wells Fargo Bank, NA Kansas state 2011 $27,000 training reimbursement
WELLS FARGO VENDOR FINANCIAL SERVIC Maine state 2017 $26,234 property tax abatement
Wells Fargo Bank, N.A. Kansas state 2012 $26,000 grant
WELLS FARGO FINANCIAL LEASING INC Maine state 2016 $25,953 property tax abatement
WELLS FARGO FINANCIAL LEASING INC Maine state 2017 $25,909 property tax abatement
WELLS FARGO FINANCIAL LEASING INC Maine state 2014 $24,697 property tax abatement
Wells Fargo, N.A. Colorado state 2017 $21,261 tax credit/rebate
Wells Fargo Bank, N.A. Colorado state 2017 $20,773 tax credit/rebate
WELLS FARGO FINANCIAL LEASING INC Maine state 2015 $20,697 property tax abatement
Wells Fargo Bank, N.A. Colorado state 2015 $20,310 tax credit/rebate
Wells Fargo, N.A. Colorado state 2017 $17,682 tax credit/rebate
Wells Fargo Bank, N.A. Colorado state 2015 $17,443 tax credit/rebate
WELLS FARGO BANK North Dakota state 2010 $16,006 training reimbursement
Wells Fargo Bank, N.A. Colorado state 2016 $15,546 tax credit/rebate
Wells Fargo Bank, N.A. Delaware state 2017 $13,380 training reimbursement
Wells Fargo Bank N.A. Rifle Colorado state $11,045 tax credit/rebate
Wells Fargo Bank, N.A. Colorado state 2015 $10,047 tax credit/rebate
Wells Fargo, N.A. Colorado state 2017 $9,884 tax credit/rebate
Wells Fargo, N.A. Colorado state 2017 $9,102 tax credit/rebate
Wells Fargo Bank, N.A. Colorado state 2017 $7,690 tax credit/rebate
Wells Fargo, N.A. Colorado state 2017 $7,417 tax credit/rebate
Wells Fargo, N.A. Colorado state 2017 $6,251 tax credit/rebate
Wells Fargo, N.A. Colorado state 2017 $5,333 tax credit/rebate
Wells Fargo, N.A. Colorado state 2017 $5,262 tax credit/rebate
Wells Fargo Bank, N.A. Colorado state 2016 $4,923 tax credit/rebate
Wells Fargo Bank, N.A. Colorado state 2015 $4,038 tax credit/rebate
Wells Fargo, N.A. Colorado state 2017 $3,858 tax credit/rebate
Wells Fargo Bank, N.A. Colorado state 2014 $3,518 tax credit/rebate
Wells Fargo Bank, N.A. Colorado state 2015 $3,445 tax credit/rebate
Wells Fargo, N.A. Colorado state 2017 $3,411 tax credit/rebate
Wells Fargo, N.A. Colorado state 2017 $3,385 tax credit/rebate
Wells Fargo, N.A. Colorado state 2017 $3,317 tax credit/rebate
WELLS FARGO BANK North Dakota state 2010 $3,259 training reimbursement
Wells Fargo, N.A. Colorado state 2017 $3,211 tax credit/rebate
Wells Fargo, N.A. Colorado state 2017 $3,064 tax credit/rebate
Norwest Utah state 2009 $2,985 training reimbursement
Wells Fargo Bank, N.A. Colorado state 2015 $2,974 tax credit/rebate
Wells Fargo Bank, N.A. Colorado state 2015 $2,903 tax credit/rebate
Wells Fargo, N.A. Colorado state 2017 $2,786 tax credit/rebate
Wells Fargo Bank, N.A. Colorado state 2015 $2,775 tax credit/rebate
Wells Fargo Bank, N.A. Colorado state 2017 $2,759 tax credit/rebate
Wells Fargo, N.A. Colorado state 2017 $2,714 tax credit/rebate
Wells Fargo Bank, N.A. Colorado state 2016 $2,665 tax credit/rebate
WELLS FARGO FINANCIAL LEASING Maine state 2009 $2,594 property tax abatement
Wells Fargo, N.A. Colorado state 2017 $2,594 tax credit/rebate
Wells Fargo Bank, N.A. Colorado state 2017 $2,496 tax credit/rebate
Wells Fargo Bank, N.A. Colorado state 2014 $2,232 tax credit/rebate
Wells Fargo Bank, N.A. Colorado state 2014 $2,161 tax credit/rebate
Wells Fargo Bank, N.A. Colorado state 2014 $2,145 tax credit/rebate
Wells Fargo, N.A. Colorado state 2017 $2,060 tax credit/rebate
Wells Fargo Bank, N.A. Colorado state 2015 $1,982 tax credit/rebate
WELLS FARGO HOME MORTGAGE Maine state 2011 $1,956 property tax abatement
Wells Fargo Bank, N.A. Colorado state 2014 $1,864 tax credit/rebate
Wells Fargo, N.A. Colorado state 2017 $1,850 tax credit/rebate
Wells Fargo, N.A. Colorado state 2017 $1,785 tax credit/rebate
Wells Fargo Bank, N.A. Colorado state 2016 $1,672 tax credit/rebate
Wells Fargo Bank, N.A. Colorado state 2016 $1,612 tax credit/rebate
Wells Fargo Bank, N.A. Colorado state 2014 $1,500 tax credit/rebate
Wells Fargo Bank, N.A. Colorado state 2015 $1,473 tax credit/rebate
Wells Fargo Bank, N.A. Colorado state 2016 $1,440 tax credit/rebate
Wells Fargo Bank, N.A. Colorado state 2014 $1,407 tax credit/rebate
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