Wells Fargo
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x px9 events | No comments | 18. March 1852 - 1. January 1861
Wells Fargo was born in New York. On March 18, 1852, Henry Wells, William Fargo and their investors brought Wells, Fargo and Company into existence. Henry Wells and William Fargo founded Wells, Fargo & Co. to serve the West...
18. March 1852
Four months later the first office opened in gold rush San Francisco. In the early years Wells Fargo was considered more reliable than the U.S Postal Service for transcontinental mail and important businesss correspondence.
18. July 1852
In 1861 the Civil War forced overland staging to a central route across the Great Plains, through the Rocky Mountains, into the Great Basin, and over the Sierra. The Pony Express had proven that the nation’s mail could be carried swiftly across this...
1. January 1861
In 1866, Wells Fargo bought out Ben Holladay's expanding network and combined it with the Pioneer and the Overland Mail stagelines to create the largest stagecoach empire in the world. Stagecoaches carrying the Wells, Fargo & Co...
1. January 1866
After the completion of the transcontinental railroad in 1869, Wells Fargo increasingly rode the rails. In 1888, after expanding along the new steel network across the Northeast into New York, Wells Fargo became the country’s first nationwide express...
1. January 1888
In 1905 Wells Fargo & Co’s Bank, San Francisco (as it was called since 1852), formally separated from Wells Fargo & Co Express. The bank then survived the disaster of the 1906 San Francisco Earthquake and Fire. Bank president I.W...
18. April 1906
The company contracted with different railroad lines to carry express shipments over 47,000 miles of track, serving communities in 28 states and Mexico. A Wells Fargo messenger always rode aboard the railcar to assure customers that the company would...
1. April 1907
By 1918 Wells Fargo was part of 10,000 communities across the country. That year, however, the federal government took over the nation’s express network as part of its effort in the First World War...
1. January 1918
New banking concepts not only changed where people banked, but also how they banked. Drive-up tellers, banking by phone, express lines, credit cards, automated teller machines and online banking are some of the innovative solutions to modern customers’...
1. January 1923
