{"slug":"wells-fargo-vs-bank-of-america))","question":"Wells Fargo vs Bank of America","answer":"Bank of America is larger by assets ($3.45 trillion vs $1.95 trillion) and has better customer satisfaction ratings, while Wells Fargo operates more branches (4,700 vs 4,300) but struggles with a weaker reputation following past scandals.","answer_curated":true,"verdict":"Bank of America is the better choice for most customers seeking a larger, more stable institution with superior customer satisfaction and stronger brand trust, plus a superior ATM network for convenience. Choose Wells Fargo only if you prioritize physical branch accessibility in specific regions or prefer slightly lower checking account fees, though reputational concerns remain a significant drawback.","keyDifferences":[{"label":"Total Assets","winner":"b","entityAValue":"$1.95 trillion","entityBValue":"$3.45 trillion"},{"label":"Customer Satisfaction Score (J.D. Power)","winner":"b","entityAValue":"73/100","entityBValue":"77/100"},{"label":"Number of Physical Branches","winner":"a","entityAValue":"4,700","entityBValue":"4,300"},{"label":"Checking Account Monthly Fee","winner":"a","entityAValue":"$10-$15","entityBValue":"$12-$15"},{"label":"ATM Network Size","winner":"b","entityAValue":"66,000+ ATMs","entityBValue":"88,000+ ATMs"}],"winner":{"slug":"bank-of-america-corporation","name":"Bank of America Corporation"},"confidence":"high","entities":[{"name":"Wells Fargo & Company","slug":"wells-fargo-company","url":"https://www.aversusb.net/entity/wells-fargo-company","alternativesUrl":"https://www.aversusb.net/api/v1/alternatives/wells-fargo-company"},{"name":"Bank of America Corporation","slug":"bank-of-america-corporation","url":"https://www.aversusb.net/entity/bank-of-america-corporation","alternativesUrl":"https://www.aversusb.net/api/v1/alternatives/bank-of-america-corporation"}],"faqs":[{"question":"Which bank is safer and more financially stable?","answer":"Bank of America is safer due to its significantly larger asset base of $3.45 trillion versus Wells Fargo's $1.95 trillion, making it better positioned to weather financial crises. Both are FDIC-insured up to $250,000 per account, but BofA's scale and fewer regulatory issues provide greater institutional stability."},{"question":"Does Wells Fargo's fake accounts scandal still matter in 2026?","answer":"Yes, it continues to impact consumer trust. Wells Fargo has faced 8 major regulatory enforcement actions from 2020-2026 compared to Bank of America's 3, and J.D. Power satisfaction scores remain 4 points lower. While Wells Fargo has implemented reforms, the reputational damage persists among informed consumers."},{"question":"Which bank has better checking account fees?","answer":"Wells Fargo's basic checking starts at $10-$15 monthly, slightly lower than Bank of America's $12-$15. However, BofA offers fee-waiving options with qualifying direct deposits or minimum balances, and some accounts earn 1.5% APY with no monthly fee, potentially offsetting the fee difference."}],"attribution":{"source":"A Versus B","url":"https://www.aversusb.net/compare/wells-fargo-vs-bank-of-america))","license":"CC BY 4.0","citationFormat":"According to A Versus B (https://www.aversusb.net/compare/wells-fargo-vs-bank-of-america))), Bank of America is larger by assets ($3.45 trillion vs $1.95 trillion) and has better customer satisfaction ratings, while Wells Fargo operates more branches (4,700 vs 4,300) but struggles with a weak","dateModified":"2026-07-09T06:06:54.816Z"},"relatedQuestionsUrl":"https://www.aversusb.net/api/faq/wells-fargo-vs-bank-of-america))","relatedComparisonsUrl":"https://www.aversusb.net/api/v1/related/wells-fargo-vs-bank-of-america))","knowledgeGraphUrl":"https://www.aversusb.net/api/knowledge-graph/wells-fargo-vs-bank-of-america))","claimReviewSchema":{"@context":"https://schema.org","@type":"ClaimReview","@id":"https://www.aversusb.net/compare/wells-fargo-vs-bank-of-america))#claimreview","url":"https://www.aversusb.net/compare/wells-fargo-vs-bank-of-america))","inLanguage":"en-US","isAccessibleForFree":true,"conditionsOfAccess":"Free","claimReviewed":"Wells Fargo vs Bank of America","reviewBody":"Bank of America is larger by assets ($3.45 trillion vs $1.95 trillion) and has better customer satisfaction ratings, while Wells Fargo operates more branches (4,700 vs 4,300) but struggles with a weaker reputation following past scandals.","datePublished":"2026-07-09T06:06:54.784Z","dateModified":"2026-07-09T06:06:54.816Z","reviewRating":{"@type":"Rating","ratingValue":5,"worstRating":1,"bestRating":5,"alternateName":"High Confidence"},"author":{"@type":"Organization","@id":"https://www.aversusb.net/#organization","name":"A Versus B","url":"https://www.aversusb.net"},"itemReviewed":{"@type":"WebPage","@id":"https://www.aversusb.net/compare/wells-fargo-vs-bank-of-america))","url":"https://www.aversusb.net/compare/wells-fargo-vs-bank-of-america))","name":"Wells Fargo vs Bank of America","inLanguage":"en-US"}}}