Wells Fargo Bank says a printer malfunction is at the root of a bank statement mix-up that resulted in the exposure of account details for what could turn out to be thousands of Wells customers.
Josh Dunn, corporate communications manager for Wells Fargo in Charlotte, N.C., says customers with accounts opened in South Carolina and Florida “may have received, in error, pages from other customer accounts,” though the printing malfunction only affected September statements.
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The malfunctioning printer is no longer in service and is being analyzed, Wells says. The printing error is not believed to be connected to Wells Fargo & Company’s [$1.4 trillion in assets] merger with Wachovia Corp., a conversion that was completed in January 2009.
“Though we believe the risk of compromising a customer’s account is low, we are providing all customers whose statements were printed by the malfunctioning printer with one year’s worth of free ID theft protection,” Dunn says. “We don’t know how many accounts were affected, but even one is one too many.”
Corrected statements are being mailed to all potentially affected customers.
