Wachovia , the L.L.C.

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Wachovia Bank, a division of Wells Fargo Bank, N.A., Member FDIC

Important FDIC Updates: Beginning January 1, 2010, Wachovia will no longer participate in the FDIC's Transaction Account Guarantee Program. Learn More

Securities and Insurance Products not Insured by FDIC† or any Federal Government Agency — May lose value — Not a Deposit of or Guaranteed by a Bank or any Bank Affiliate

Wachovia Securities, the trade name formerly used for Wachovia Securities, LLC and Wachovia Securities Financial Network, LLC, is now Wells Fargo Advisors. Wells Fargo Advisors is the trade name used by two separate registered broker-dealers: Wells Fargo Advisors, LLC and Wells Fargo Advisors Financial Network, LLC, Members SIPC†, non-bank affiliates of Wells Fargo & Company. Wachovia is a Wells Fargo Company.

Insurance products are offered through non-bank affiliates of Wells Fargo & Company and are underwritten by unaffiliated insurance companies.

Products and services are offered by Wells Fargo Bank, N.A. and its affiliates.

Links to third-party sites are provided for your convenience. Such sites are not within our control and may not follow the same privacy, security, or accessibility standards as ours. Wachovia neither endorses nor guarantees offerings of the third party providers, nor is Wachovia responsible for the security, content or availability of third-party sites, their partners, or advertisers.


Wells Fargo Advisors is the trade name used by two separate registered broker-dealers: Wells Fargo Advisors, LLC and Wells Fargo Advisors Financial Network, LLC, Members SIPC, non-bank affiliates of Wells Fargo & Company.

Insurance products are offered through our affiliated non-bank insurance agencies.

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Are you with a bank , or memorex (sounds like a bank)?
 
Explain...are they changing over in name or just on paper?
 
This thread is much ado about nothing. The only thing that has really happened is that the people in Wachovia Securities are now Wells Fargo Advisors. Since they are in the middle of a merger, it makes sense that they would at some point begin to exclusively role out Wells Fargo products in Wachovias that haven't been completely converted.
 
He was just trying to sound sophisticated for the board. Good for him.

The point is:
Important FDIC Updates: Beginning January 1, 2010, Wachovia will no longer participate in the FDIC's Transaction Account Guarantee Program.

Wells Fargo Advisors is the trade name used by two separate registered broker-dealers: Wells Fargo Advisors, LLC and Wells Fargo Advisors Financial Network, LLC, Members SIPC, non-bank affiliates of Wells Fargo & Company.

Seems there might be some Wells Fargo employees up in here trying to downplay the post :smh:
 
The point is:
Important FDIC Updates: Beginning January 1, 2010, Wachovia will no longer participate in the FDIC's Transaction Account Guarantee Program.

Wells Fargo Advisors is the trade name used by two separate registered broker-dealers: Wells Fargo Advisors, LLC and Wells Fargo Advisors Financial Network, LLC, Members SIPC, non-bank affiliates of Wells Fargo & Company.

Seems there might be some Wells Fargo employees up in here trying to downplay the post :smh:


Buster, please stop. Just quit.

This only applies to non interest bearing accounts but it appears that they are now in an even better program :cool:


https://www.wachovia.com/misc2151
On January 1, 2010:

* Beginning January 1, 2010, Wachovia will no longer participate in the FDIC's Transaction Account Guarantee Program. Thus, after December 31, 2009, funds held in noninterest-bearing transaction accounts will no longer be guaranteed in full under the Transaction Account Guarantee Program, but will be insured up to $250,000 under the FDIC's general deposit insurance rules.
 
Jagu, explain this shit to me like a 2nd grader. I trust your judgement here.

Nothing is really changing. There are certain accounts that are not FDIC insured, but that applies to all banks e.g your stock account.

But all deposit accounts are still insured.
 
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