What's the likelihood of Wells Fargo opening a bank branch in MA?I'm from CA and have Wells Fargo accounts, but I'm in MA for most of the year for school. I like Wells Fargo. It's not that they're the greatest bank ever, but they've been good to me, I've used them for about 10 years, and I am stubborn and have absolutely no desire to change banks.... |
Wells Fargo may eventually open a branch in Mass, but I am sure that is several years down the road. They will probably want to establish their new foot print before they start expanding again.
The only regulation/law that I know of that may prevent it would be about saturation (or something, I don't know law-speak!) which just has to do with so many branches of the same bank being in a certain area (and I think it also has to do with the population as well, so a small town in Wyoming won't have five branches of WF) but I don't think Mass would have a problem with that. :)
