Wells Fargo Bank
Unclaimed Property

Wells Fargo Bank currently holds $221.5 million in unclaimed property across 550,441 individual records in California alone. Most of these unclaimed funds originate from dormant checking and savings accounts, forgotten CDs, uncashed cashier's checks, abandoned safe deposit box contents, and closed accounts where customers moved without updating their address.

As one of the largest banks in the United States, Wells Fargo Bank provides checking accounts, savings accounts, mortgages, auto loans, credit cards, certificates of deposit, and investment services to millions of Californians. Customers commonly lose track of Wells Fargo funds when they move without updating their address, close accounts but leave small balances behind, forget about automatic payroll deposits to old accounts, abandon safe deposit boxes, or fail to cash final payroll or insurance settlement checks.

The highest concentrations of unclaimed Wells Fargo property are found in Los Angeles, San Francisco, and San Diego's largest metropolitan areas where Wells Fargo maintains significant branch networks and customer bases. Wells Fargo's long history includes numerous mergers and acquisitions, including the 2008 purchase of Wachovia Bank, which means some customers may not recognize Wells Fargo as the holder of their original Wachovia accounts that went dormant.

The average claim from Wells Fargo Bank is $422.