Wells Fargo Site Crashes As Customers Try To See If They’ve Received Stimulus Payments

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FILE - In this April 3, 2020, file photo, customers, some wearing face masks, line up outside a Wells Fargo branch in the Atwater Village neighborhood of Los Angeles, during the coronavirus outbreak. The Federal Reserve said on Thursday, June 25, 2020, a worst-case scenario for the U.S. economy ravaged by the coronavirus pandemic would cause nation’s 34 largest banks to collectively lose roughly $700 billion. To bolster the banks ahead such a potentially damaging recession, the Fed ordered the banks to suspend stock buybacks and dividend payouts until Sept. 30. (AP Photo/Damian Dovarganes, File)

Damian Dovarganes/AP
Wells Fargo customers trying Wednesday to find out if their stimulus payments had arrived instead found their mobile app not working and online accounts not accessible. The bank said the outage is due to high volumes and won’t affect the electronic deposit of the stimulus money.

“We apologize to our customers who may be experiencing issues with our online banking this morning,” the bank said in a tweet. “This does not affect stimulus payments with a March 17 effective date which were credited to accounts today. Thanks for your patience. “

Wells Fargo customers looking to see if their stimulus money from the federal government has hit their account got this message.
Some customers were expressing frustration on Twitter.

A Wells Fargo spokesperson said in a statement, “We are working to address the issue as quickly as possible.”

Meanwhile, the Treasury Department has released a report saying that 90 million stimulus payments have been sent so far totaling more than $242 billion. The majority of those payments were made electronically by direct deposit. Treasury says it has also mailed roughly 150,000 physical checks worth approximately $442 million.

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