JP Morgan Chase Turns Its Back on Small Business Clients

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Joan Flowers

Highly recommended
Joan Hartley & Associates Inc
14 Questions answered
Answered on May 2nd, 2020

I have banked with Wells Fargo exclusively for both my personal and business funds for many years.  They HAVE NOT provided for small businesses and I am moving every cent out of that bank in a few weeks.  I am done with them.  There is no one to talk to and they cop out with "everything is done online". I say baloney to that.  They, like Chase, supported the big guys to rake in the money and left us out in the cold. I can't wait to move to my local credit union.  I am still WAITING for money! I have been in business for 29 years and wasn't planning on closing anytime soon.  This may be the deciding factor!

5 Replies

I'm right there with you. Wells Fargo is absolute garbage when it comes to taking care of their clients.
I've been with Wells Fargo for 29 years and have all my business and personal banking including home mortgage with them and I applied as soon as the portal was up over a month ago and still have not received any funds. People I know all around me applied after me to their small banks and received funds quickly. I too will be leaving Wells Fargo asap.
Business from Manassas, VA
May 3rd, 2020
If I don’t get funded from Wells Fargo I will be moving our business bank accounts to a local or regional bank that can actually show some interest.
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