Tech

Wells Fargo Hit By Nationwide Outage, ATMs and Online Banking Down

Wells Fargo Hit By Nationwide Outage, ATMs and Online Banking Down

We're working to restore services as soon as possible.

The issues are the direct effect "of a fire at a server farm located in Shoreview, Minnesota".

According to the bank's social media accounts, the outage was first reported shortly after 6 a.m.

The San Francisco-based bank said on Twitter at about 1 p.m. that during routine maintenance, smoke was detected, and systems shut down. Many also said their debit cards were not working. "We apologize for the inconvenience", the bank posted to Twitter Thursday morning.

Wells Fargo is reporting a nationwide outage on its website and mobile app.

Wells Fargo is the world's second-largest bank by market capitalization with more than 8,000 locations and 13,000 ATMs worldwide.

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"Unfortunately bank outages have become fairly commonplace - if you haven't experienced one yourself, you might be in the minority", O'Shea said in an email to ConsumerAffairs.

Thursday's apology echoed the one the bank issued last Friday, when its online banking and mobile app went down on a payday, preventing some customers from paying bills or accessing their accounts.

Downdetector.com which tracks outage reports, shows giant swaths of outages up and down the Eastern seaboard, as well as Texas, California and spots in Iowa and Minnesota.

Wells Fargo issued a public statement, apologizing for the glitch.

As Business Insider points out, it's been less than a week since Wells Fargo's last technical difficulties.