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North Carolina: Retail banks complete migration from Wachovia to Wells Fargo

Friday 2 December 2011 00:45 CET | News

Wells Fargo, a US financial services provider, has completed the transition of Wachovia retail banking operations in North Carolina.

In October 2011, banking locations in North Carolina converted to Wells Fargo. As a result of this migration, Wells Fargo will provide financial services to 1.2 million customers via its 320 banking stores and 651 ATMs.

Wachovia, former financial services company, has been acquired by Wells Fargo in 2008. The company provided a range of banking, asset management, wealth management and corporate and investment banking products and services. Since the merger, Wachovia ATMs have been replaced with Wells Fargo’s Envelope-Free ATMs, which accept cash or cheques without envelopes and give customers more time to complete their banking activities.

Wells Fargo provides banking, insurance, investments, mortgage, consumer and commercial finance services.

In recent news, Wells Fargo has launched its CEO Mobile Deposit service, designed for commercial and corporate banking customers.
 


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Keywords: Wells Fargo, retail banking, ATMs, payments
Categories: Payments & Commerce
Companies:
Countries: World
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Payments & Commerce