Pajaro Plaza location in Watsonville. This was previously a branch of Coast Commercial Bank. Photo: January 2010.

City Locations Phone(831)
Aptos 7701 Soquel Dr 688-6532
Capitola 1700 41st Avenue 335-6340
Santa Cruz 74 River St 469-3525
Santa Cruz 1975 Soquel Dr 465-2489
Watsonville 326 Main St 724-8684
Watsonville 1501 Freedom Blvd 724-6090
Watsonville 1055 S Green Valley Rd 786-2240
Santa Cruz 530 Front Street 466-2600 *
Scotts Valley 203 Mount Hermon Road 440-9215 *
Scotts Valley 100 Kings Village Road, Scotts Valley, CA 95066 438-3700

* WELLS FARGO HOME MORTGAGE LOCATIONS

Hours
M-Sa 9am-6pm
Phone
(800) 869-3557 —Toll free.
Website
http://www.wellsfargo.com
Owner(s)
Wells Fargo & Co.
Established
1852.
Payment Method
Cash, check, credit card, Other.

Wells Fargo was founded in New York, NY in 1852 as an express company and a bank. During the financial panic of 1855 Well Fargo survived other banks in California because it kept enough assets on hand, instead of sending them eastward to the headquarters. Wells Fargo is now the oldest continuing bank in California.

The company quit the shipping business during World War I. Since then, another company started using the name of Well Fargo for armored car service and licensing the name to other ventures such as smoke detectors. The two companies are not related.

Wells Fargo has bought the assets of many finance institutions. Among those within Santa Cruz County; Crocker Bank in 1986, First Interstate Bank in 1996, Coast Commercial Bank in 2008, and Wachovia in 2008. Since Well Fargo already has a strong presence in Santa Cruz County, the real estate of the acquired buildings were often sold.

When Well Fargo bought Wachovia in 2008, the three branches were within walking distance of a Wells Fargo branch and were not needed. The Downtown Wachovia branch was sold to Bank of the West. The 41st Avenue branch and the Aptos Branch were closed and became a dentist office and a real estate office respectively.

In the case of Coast Commercial Bank, the Pajaro Plaza location in Watsonville, Mt. Hermon Road, and the Soquel Drive locations became Wells Fargo branches. The branch at 75 River Street was closed because there was already a Well Fargo branch across the street. Before the Soquel Drive building was a Coast Commercial Bank, it was a vacant lot. Prior to a vacant lot it was a Shell service station.

The Wells Fargo Mortgage office on Front Street in Santa Cruz, was once a branch of Monterey Savings. When the parent company of Monterey Savings was bought by Home Savings of America, several of the branches were sold by the new owners.

The Main Street office in Watsonville has been used by Well Fargo since 1961.

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