Pitt County considers switching banks after Wells Fargo shuts down Greenville center

GREENVILLE, NC (WITN) - Monday morning, Pitt County commissioners voted to look at other banking options after Wells Fargo said it's moving hundreds of jobs out of Greenville.

The bank announced late last month that it would be closed its dealer services center down on Thomas Langston Road. There are some 600 people employed at the facility.

County Commissioner Glen Webb says the county uses Wells Fargo for its operating account, which moves between $20 million and $25 million each year through the bank.

Webb said in light of the bank's decision to move the jobs out of Greenville, they want to take a look at whether another financial institution can do a better job with their accounts.

He said the request for proposals could take six months to a year, and if they learn Wells Fargo is their best option they will keep using them.

Greenville is expected to explore other banking options at its city council meeting on Thursday night.


Previous Story

A major employer in one city in the east will be shutting down a local office resulting in the loss of hundreds of jobs.

Now the city council says they're reevaluating business they do with the company.

It was just after 12 p.m. Tuesday when Greenville Mayor PJ Connelly heard that Wells Fargo will be closing its dealer service center in the city, saying the announcement came as a surprise for the city that has been trying to grow the number of corporate-level jobs in the area.

Closing the center on Thomas Langston Road will result in a loss of 600 jobs in the region.

"That's 600 people that will be not employed or will be moving to a different location for employment, so you know, we are definitely dissatisfied and wish we had a little more notification this would take place, but we're still working hard now to bring jobs to our community," the mayor says.

In a statement issued by Wells Fargo, they say that the 600 jobs are being relocated to areas in Arizona, Texas, Minnesota, and Raleigh.

"We want this transition to be as smooth as possible and we will offer relocation assistance to team members willing to relocate," says Josh Dunn with the company's corporate communications. "Some team members may be able to work remotely, or are contract positions."

The announcement comes as a shock to a city with the motto Greenville Means Business.

While the mayor says this announcement is a setback, he and the council will be working hard to get a new business to hopefully take its place soon.

"That facility may be a very good opportunity for someone as Wells Fargo leaves and I know they'll probably want to sell that building, so I think it will be a good opportunity for another business to come in and bring more jobs to our community," Connelly says.

He also says he and the council will be taking a look at any business dealings the city may have with Wells Fargo, evaluating their current banking relationship in particular, as it seems that such commitment has not been reciprocated.

Wells Fargo says they expect the location along Thomas Langston Road to close at some point over the next 6-12 months.

"We won't know the true impact until we work with team members over the coming months to understand how many will relocate to one of the hubs, work remotely or find other positions within Wells Fargo," Dunn writes. "This decision was not made lightly – decisions that impact team members never are."

As for the company's reaction to Connelly's statement, Dunn says, "We highly value our relationship with the city of Greenville and we're going to do whatever we can to continue that relationship."


Previous Story

Some bad jobs news for the Greenville area as a large employer is pulling up stakes.

Greenville Mayor P.J. Connelly says Wells Fargo is closing its dealer services center on Thomas Langston Road.

Connelly says 600 jobs will be moving out of the region and says the city is "surprised and disappointed" with the move.

"The City takes pride in its ability to establish business relationships and partnerships with companies that appreciate and are committed to Eastern North Carolina," said the mayor. "For this reason, we will be evaluating the City's current banking relationship with Wells Fargo as it seems that such commitment has not been reciprocated in its decision to relocate over 600 jobs out of our region."

Wells Fargo issued this statement to WITN:

"Wells Fargo Auto is evolving to meet the changing needs of dealers, consumers and the marketplace. As a result, earlier today we notified approximately 600 team members that the Wells Fargo location at 1451 Thomas Langston Road in Winterville will close over the next 6-12 months.

"Wells Fargo Auto team members in Greenville learned their job functions will relocate to Chandler, Arizona, Irving, Texas, Minneapolis, Minnesota or Raleigh North Carolina. We won’t know the true impact until we work with team members over the coming months to understand how many will relocate to one of the hubs, work remotely or find other positions within Wells Fargo. We want this transition to be as smooth as possible and we will offer relocation assistance to team members willing to relocate. Some team members may be able to work remotely, or are contract positions.

"This decision was not made lightly – decisions that impact team members never are.

"We highly value our relationship with the city of Greenville and we're going to do whatever we can to continue that relationship."