Wells Fargo has been offering banking services in San Marcos for decades, and it has a presence at the L-B-J Student Center. The bank, though, has been mired in scandal in recent months. Bobcat Update's Orlando Williams tells us how its practices have affected students.
Some Wells Fargo employees were caught creating fake bank accounts to earn bonuses, and the institution has also been accused of charging customers for auto insurance they didn't need. Fortune Magazine recently had an article stating some doubt that Wells Fargo can survive the scandals. However, the negative publicity seems NOT to have fazed students at Texas State.
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Changing banks because of the scandals is not happening among students we talked with.
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Some students said they'd rather just forgive and forget.
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(STAND UP) Overall, Wells Fargo has tried its hardest to put the last two rough years behind them and Texas State is sticking with them through thick and thin. For Bobcat Update I'm Orlando Williams.
Bobcat Update, a student-produced newscast recapping events at Texas State University, and is available for viewing on YouTube.
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