Of these, Wells, Fargo, Livingston and McKay were also on the board of American Express. Financier Edwin B. Morgan of Aurora, Cayuga County, New York, was appointed Wells Fargo's first president. They commenced business May 20, 1852, the day their announcement appeared in The New York Times.
A more specific definition in common use is an account with a balance that is the opposite of the normal balance (Dr/Cr) for that section of the general ledger. An example is an office coffee fund: Expense Coffee (Dr) may be immediately followed by Coffee-employee contributions (Cr).
Your account has an alternate number, known as a T account number. This number for your account is available on the checkwriting and deposit slips (login required). To determine your 17-digit direct deposit account number if your T account does not have checkwriting: 1  Begin with Fidelity prefix 392.