We offer our retail customers the most extensive, convenient distribution system in our industry. Our customers call our phone banks hundreds of millions of times a year. As the first U.S. bank to offer online banking, we provide products through our online and digital channels to meet the financial needs of every one of our customers, including consumers, small businesses, middle-market companies, and large corporations. We want our digital services to be known as the best, most integrated "trusted gateway" for our customers' financial services.
The two recent decades have seen booms driven by the internet industry. First was the dot-com boom of the late 1990s, startup companies invigorated the San Francisco economy. Large numbers of entrepreneurs and computer application developers moved into the city, followed by marketing, design, and sales professionals, changing the social landscape as once-poorer neighborhoods became increasingly gentrified. Demand for new housing and office space ignited a second wave of high-rise development, this time in the South of Market district. By 2000, the city's population reached new highs, surpassing the previous record set in 1950. When the bubble burst in 2001, many of these companies folded and their employees were laid off.
Yet high technology and entrepreneurship remain mainstays of the San Francisco economy. By the mid-2000s , the social media boom had begun, with San Francisco becoming a popular location for tech offices and a common place to live for people employed in Silicon Valley companies such as Apple and Google. The legacy of the California Gold Rush turned San Francisco into the principal banking and finance center of the West Coast in the early twentieth century. Montgomery Street in the Financial District became known as the "Wall Street of the West", home to the Federal Reserve Bank of San Francisco, the Wells Fargo corporate headquarters, and the site of the now-defunct Pacific Coast Stock Exchange. Bank of America, a pioneer in making banking services accessible to the middle class, was founded in San Francisco and in the 1960s, built the landmark modern skyscraper at 555 California Street for its corporate headquarters. Many large financial institutions, multinational banks, and venture capital firms are based in or have regional headquarters in the city.
With over 30 international financial institutions, six Fortune 500 companies, and a large support infrastructure of professional services—including law, public relations, architecture and design—San Francisco is designated as an Alpha(-) World City. The 2017 Global Financial Centres Index ranked San Francisco as the sixth-most competitive financial center in the world. San Francisco has a diversified service economy, with employment spread across a wide range of professional services, including financial services, tourism, and high technology. In 2016, approximately 27% of workers were employed in professional business services; 14% in leisure and hospitality; 13% in government services; 12% in education and health care; 11% in trade, transportation, and utilities; and 8% in financial activities. In 2019, GDP in the five-county San Francisco metropolitan area grew 3.8% in real terms to $592 billion.
Additionally, in 2019 the 14-county San Jose–San Francisco–Oakland combined statistical area had a GDP of $1.086 trillion, ranking 3rd among CSAs, and ahead of all but 16 countries. As of 2019, San Francisco County was the 7th highest-income county in the United States , with a per capita personal income of $139,405. Marin County, directly to the north over the Golden Gate Bridge, and San Mateo County, directly to the south on the Peninsula, were the 6th and 9th highest-income counties respectively.
Entrepreneurs sought to capitalize on the wealth generated by the Gold Rush. Early winners were the banking industry, with the founding of Wells Fargo in 1852 and the Bank of California in 1864. Catering to the needs and tastes of the growing population, Levi Strauss opened a dry goods business and Domingo Ghirardelli began manufacturing chocolate. Chinese immigrants made the city a polyglot culture, drawn to "Old Gold Mountain", creating the city's Chinatown quarter. The city's sea of Victorian houses began to take shape, and civic leaders campaigned for a spacious public park, resulting in plans for Golden Gate Park.
San Franciscans built schools, churches, theaters, and all the hallmarks of civic life. The Presidio developed into the most important American military installation on the Pacific coast. By 1890, San Francisco's population approached 300,000, making it the eighth-largest city in the United States at the time. Around 1901, San Francisco was a major city known for its flamboyant style, stately hotels, ostentatious mansions on Nob Hill, and a thriving arts scene. The first North American plague epidemic was the San Francisco plague of 1900–1904.
Digital wallet access is available at Wells Fargo ATMs displaying the contactless symbol for Wells Fargo Debit andWells Fargo EasyPay® Cards in Wells Fargo-supported digital wallets. To the south, near the geographic center of the city is Haight-Ashbury, famously associated with 1960s hippie culture. The Haight is now home to some expensive boutiques and a few controversial chain stores, although it still retains some bohemian character. San Francisco was founded on June 29, 1776, when colonists from Spain established the Presidio of San Francisco at the Golden Gate and Mission San Francisco de Asís a few miles away, both named for Francis of Assisi. The California Gold Rush of 1849 brought rapid growth, making it the largest city on the West Coast at the time.
San Francisco's status as the West Coast's largest city peaked between 1870 and 1900, when around 25% of California's population resided in the city proper. After three-quarters of the city was destroyed by the 1906 earthquake and fire, San Francisco was quickly rebuilt, hosting the Panama-Pacific International Exposition nine years later. In World War II, San Francisco was a major port of embarkation for service members shipping out to the Pacific Theater. Politically, the city votes strongly along liberal Democratic Party lines.
4Touch ID is available only for newer iPhone models using iOS 8 or higher. Use of your Mobile device requires enrollment in Online Banking and download of our Mobile App. Wireless carriers may charge fees for text transmissions or data usage. Mobile Banking requires an internet-ready phone and is supported on Apple iPhone devices with iOS 9 and greater and on Android mobile devices with OS 5 and greater. Mobile deposits made before 7 pm PT will be processed the same business day and made available within two business days. Longer delays may apply based on the type of items deposited, amount of the deposit, account history or if you have recently opened your account with us.
Cycling is a popular mode of transportation in San Francisco, with 75,000 residents commuting by bicycle each day. In recent years, the city has installed better cycling infrastructure such as protected bike lanes and parking racks. Bay Wheels, previously named Bay Area Bike Share at inception, launched in August 2013 with 700 bikes in downtown San Francisco, selected cities in the East Bay, and San Jose. The San Francisco Municipal Transportation Agency and Bay Area Air Quality Management District are responsible for the operation with management provided by Motivate. A major expansion started in 2017, along with a rebranding as Ford GoBike; the company received its current name in 2019.Pedestrian traffic is also widespread.
In 2015, Walk Score ranked San Francisco the second-most walkable city in the United States. The city's large gay population has created and sustained a politically and culturally active community over many decades, developing a powerful presence in San Francisco's civic life. Survey data released in 2015 by Gallup place the proportion of the San Francisco metro area at 6.2%, which is the highest such proportion observed of the 50 most populous metropolitan areas as measured by the polling organization. The international character that San Francisco has enjoyed since its founding is continued today by large numbers of immigrants from Asia and Latin America.
With 39% of its residents born overseas, San Francisco has numerous neighborhoods filled with businesses and civic institutions catering to new arrivals. Income in 2011Per capita income$46,777Median household income$72,947Median family income$87,329San Francisco ranks third of American cities in median household income with a 2007 value of $65,519. San Francisco has several prominent Chinese, Mexican, and Filipino ethnic neighborhoods including Chinatown and the Mission District. Between the years of 1990 and 2000, the number foreign born residents increased from 33% to nearly 40%, During this same time period, the San Francisco Metropolitan area received 850,000 immigrants, ranking third in the United States after Los Angeles and New York.
Some neighborhoods are named after the hill on which they are situated, including Nob Hill, Potrero Hill, and Russian Hill. Near the geographic center of the city, southwest of the downtown area, are a series of less densely populated hills. Twin Peaks, a pair of hills forming one of the city's highest points, forms an overlook spot.
San Francisco's tallest hill, Mount Davidson, is 928 feet high and is capped with a 103-foot tall cross built in 1934. Dominating this area is Sutro Tower, a large red and white radio and television transmission tower. ; Spanish for "Saint Francis"), officially the City and County of San Francisco, is a cultural, commercial, and financial center in the U.S. state of California. Located in Northern California, San Francisco is the 17th most populous city in the United States, and the fourth most populous in California, with 873,965 residents as of 2020. San Francisco is the 12th-largest metropolitan statistical area in the United States with 4.7 million residents, and the fourth-largest by economic output, with a GDP of $592 billion in 2019. With San Jose, California, it forms the San Jose–San Francisco–Oakland, CA Combined Statistical Area, the fifth most populous combined statistical area in the United States, with 9.6 million residents as of 2019.
Colloquial nicknames for San Francisco include SF, San Fran, The City, and Frisco. Many of our products and services are ranked No. 1, 2, or 3 in the U.S. For example, we're No. 1 in the number of retail banking locations, originating and servicing home mortgages, small business lending, commercial real estate lending, auto lending, and debit cards. For a full list of how we rank, see the latest edition of the "Wells Fargo Today" fact sheet on wellsfargo.com.
This site is designed to help people locate their bank's nearest branch locations, lobby hours, and online banking information. This site is not run by, endorsed, or associated with Wells Fargo Bank in any way. ATM Access Codes are available for use at all Wells Fargo ATMs for Wells Fargo Debit and ATM Cards, andWells Fargo EasyPay® Cards using theWells Fargo Mobile® app.
Though located 13 miles south of downtown in unincorporated, San Mateo County, San Francisco International Airport is under the jurisdiction of the City and County of San Francisco. SFO is a major international gateway to Asia and Europe, with the largest international terminal in North America. In 2011, SFO was the eighth-busiest airport in the U.S. and the 22nd-busiest in the world, handling over 40.9 million passengers. With the arrival of the "beat" writers and artists of the 1950s and societal changes culminating in the Summer of Love in the Haight-Ashbury district during the 1960s, San Francisco became a center of liberal activism and of the counterculture that arose at that time. The Democrats and to a lesser extent the Green Party have dominated city politics since the late 1970s, after the last serious Republican challenger for city office lost the 1975 mayoral election by a narrow margin. San Francisco has not voted more than 20% for a Republican presidential or senatorial candidate since 1988.
In 2007, the city expanded its Medicaid and other indigent medical programs into the Healthy San Francisco program, which subsidizes certain medical services for eligible residents. Since the 1990s, the demand for skilled information technology workers from local startups and nearby Silicon Valley has attracted white-collar workers from all over the world and created a high standard of living in San Francisco. The city's property values and household income have risen to among the highest in the nation, creating a large and upscale restaurant, retail, and entertainment scene. According to a 2014 quality of life survey of global cities, San Francisco has the highest quality of living of any U.S. city.
However, due to the exceptionally high cost of living, many of the city's middle and lower-class families have been leaving the city for the outer suburbs of the Bay Area, or for California's Central Valley. By June 2, 2015, the median rent was reported to be as high as $4,225. The high cost of living is due in part to restrictive planning laws which limit new residential construction.
The top employer in the city is the city government itself, employing 5.6% (31,000+ people) of the city's workforce, followed by UCSF with over 25,000 employees. The largest private-sector employer is Salesforce, with 8,500 employees, as of 2018. Small businesses with fewer than 10 employees and self-employed firms make up 85% of city establishments, and the number of San Franciscans employed by firms of more than 1,000 employees has fallen by half since 1977. The growth of national big box and formula retail chains into the city has been made intentionally difficult by political and civic consensus.
However, by 2016, San Francisco was rated low by small businesses in a Business Friendliness Survey. Of all major cities in the United States, San Francisco has the second-highest percentage of residents with a college degree, behind only Seattle. Over 44% of adults have a bachelor's or higher degree.San Francisco had the highest rate at 7,031 per square mile, or over 344,000 total graduates in the city's 46.7 square miles . The historic center of San Francisco is the northeast quadrant of the city anchored by Market Street and the waterfront.
It is here that the Financial District is centered, with Union Square, the principal shopping and hotel district, and the Tenderloin nearby. Also in this quadrant are Russian Hill, a residential neighborhood with the famously crooked Lombard Street; North Beach, the city's Little Italy and the former center of the Beat Generation; and Telegraph Hill, which features Coit Tower. Abutting Russian Hill and North Beach is San Francisco's Chinatown, the oldest Chinatown in North America. The South of Market, which was once San Francisco's industrial core, has seen significant redevelopment following the construction of Oracle Park and an infusion of startup companies. Further development is taking place just to the south in Mission Bay area, a former railroad yard, which now has a second campus of the University of California, San Francisco and Chase Center, which opened in 2019 as the new home of the Golden State Warriors. San Francisco is located on the West Coast of the United States at the north end of the San Francisco Peninsula and includes significant stretches of the Pacific Ocean and San Francisco Bay within its boundaries.
Several picturesque islands—Alcatraz, Treasure Island and the adjacent Yerba Buena Island, and small portions of Alameda Island, Red Rock Island, and Angel Island—are part of the city. Also included are the uninhabited Farallon Islands, 27 miles offshore in the Pacific Ocean. The mainland within the city limits roughly forms a "seven-by-seven-mile square", a common local colloquialism referring to the city's shape, though its total area, including water, is nearly 232 square miles . In ensuing years, the city solidified its standing as a financial capital; in the wake of the 1929 stock market crash, not a single San Francisco-based bank failed.
Indeed, it was at the height of the Great Depression that San Francisco undertook two great civil engineering projects, simultaneously constructing the San Francisco–Oakland Bay Bridge and the Golden Gate Bridge, completing them in 1936 and 1937, respectively. It was in this period that the island of Alcatraz, a former military stockade, began its service as a federal maximum security prison, housing notorious inmates such as Al Capone, and Robert Franklin Stroud, the Birdman of Alcatraz. San Francisco later celebrated its regained grandeur with a World's fair, the Golden Gate International Exposition in 1939–40, creating Treasure Island in the middle of the bay to house it.
This means we look like a national bank but behave like a smaller bank. It means customers know local tellers by name, and tellers refer customers to a global world of financial products and services. "Out-national the locals" means we must offer better products, more channels, superior technology, and a broader product line than smaller local competitors. "Out-local the nationals" means we stay closer to our customers than any national competitor in our communities; we understand our local customer needs; and we provide professional, personalized, timely service on a first-name basis. Bank of Hope continuously invests in businesses, providing them a foundation to build their standard borrowing capacities.
We also reach out to our communities by providing community development services as volunteers providing financial education, technical assistance to non-profit organizations, and services giving people a chance to create a positive future for themselves. Annual bicycle counts conducted by the Municipal Transportation Agency in 2010 showed the number of cyclists at 33 locations had increased 58% from the 2006 baseline counts. In 2008, the MTA estimated that about 128,000 trips were made by bicycle each day in the city, or 6% of total trips. As of 2019, 2.6% of the city's streets have protected bike lanes, with 28 miles of protected bike lanes in the city.
Since 2006, San Francisco has received a Bicycle Friendly Community status of "Gold" from the League of American Bicyclists. Transit is the most used form of transportation every day in San Francisco. Every weekday, more than 560,000 people travel on Muni's 69 bus routes and more than 140,000 customers ride the Muni Metro light rail system.
32% of San Francisco residents use public transportation for their daily commute to work, ranking it first on the West Coast and third overall in the United States. The San Francisco Municipal Railway, primarily known as Muni, is the primary public transit system of San Francisco. Muni is the seventh-largest transit system in the United States, with 210,848,310 rides in 2006.
The system operates a combined light rail and subway system, the Muni Metro, as well as large bus and trolley coach networks. Additionally, it runs a historic streetcar line, which runs on Market Street from Castro Street to Fisherman's Wharf. It also operates the famous cable cars, which have been designated as a National Historic Landmark and are a major tourist attraction. The University of California, San Francisco is the sole campus of the University of California system entirely dedicated to graduate education in health and biomedical sciences. It is ranked among the top five medical schools in the United States and operates the UCSF Medical Center, which ranks as the number one hospital in California and the number 5 in the country.
