Wells Fargo

WBFO file photo

There may be a warning flag contradicting the perception of a strong local economy. Erie County Clerk Mickey Kearns says there's been a 30-percent increase in the first three-months of the year in filings of the first stages of foreclosure.


Total Wrecking and Environment

It is a name you have probably heard, but may not know much about. Henry Wells is the Wells of of Wells Fargo. In 1852, he and William Fargo co-founded what is now a multinational financial services company. Wells may have a home on a former industrial complex Rich Products wants to knock down - and because of that, a demolition request has stalled before the city Preservation Board.


Wells Fargo bank has struck a settlement to reimburse customers who were harmed when bank employees created unwanted accounts in their names. A federal judge has granted a preliminary approval for the settlement in the class action case.

Wells Fargo says compensation will depend on the financial harm customers suffered. Someone who paid an improper $35 dollar fee likely will receive less money than someone whose credit score was damaged and had to accept a home loan with a higher interest rate.