Wells Fargo Named Best Consumer Internet Bank

San Francisco-based Wells Fargo was named Best Consumer Internet Bank and Best Corporate/Institutional Internet Bank in the United States by Global Finance magazine, the bank said in a release.

Wells Fargo was also honored for bill payment, web design, online deposits acquisition and best integrated consumer bank site in the consumer category, and for best website design and information security initiatives on the corporate/institutional side.

"In 2010 we celebrated our 15th anniversary of serving our customers online, and we're very proud to continue breaking new ground with services like mobile and text banking," said Jim Smith, executive vice president at Wells Fargo Internet Services Group. "As a pioneer of online banking we take pride in ensuring that everything our customers find at wellsfargo.com is easy to use and well designed — and that they can find everything they need to succeed financially."

It was the 11th year of Global Finance's World's Best Internet Banks. Wells Fargo currently has 17.4 million active online customers.