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Wells Fargo Administration Building, 101 Greystone Boulevard: June 2024 (Planned)   11 comments

Posted at 12:23 am in closing









Sticking with Wells Fargo for another day, the company recently announced that they will close this administrative center on Greystone Boulevard next summer. The State has the story, along with the astounding statistic that they have laid off 40,000 people over the last few years. It is certainly a shame that so many folks have to suffer for a number of bone-headed and unethical stunts management has pulled over the last decade.

(Hat tip to commenter Tom)

Written by ted on October 13th, 2023

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11 Responses to 'Wells Fargo Administration Building, 101 Greystone Boulevard: June 2024 (Planned)'

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  1. It has been a few decades but this may have been a SCN property originally.

    Joe Shlabotnik

    13 Oct 23 at 4:20 am

  2. @Joe. You are correct.


    13 Oct 23 at 8:48 am

  3. I used to work at Wachovia Securities brokerage division in this building.


    13 Oct 23 at 3:30 pm

  4. I worked at SCN in the IT department in 1979 when it was the corporate control center.


    15 Oct 23 at 7:51 am

  5. Don't get me started on Wells Fargo. I have had to jump through all kinds of hoops just to get an IRA that belonged to my Mom converted to inherited. I've been to two different branches, talked to several reps that couldn't do anything except call the 'home office' for direction. I have ended up filling out two PHYSICAL six page forms just to get something else in 'snail mail' that is to be filled out. Every other bank I went to, I was in and out in 30 minutes tops.


    16 Oct 23 at 2:59 pm

  6. @homer It was a shame when Wachovia acquired SCN, but it was a crime when Wells Fargo stole Wachovia during the financial crisis. Wells Fargo is shady AF.


    19 Oct 23 at 10:39 am

  7. @palmettopanic - I totally agree with your shady AF comment. Just look at all of the hot water they have been in for the past few years. My intention is to get all of my money out of there as soon as possible and put it in a small bank. I'm a firm believer that smaller banks are better. Larger banks don't give a damn about the customer that only has a few thousand invested with their care, just the 'fat cats'.


    19 Oct 23 at 12:06 pm

  8. I’ve noted that Wells Fargo has closed several branches since acquiring Wachovia…some of the choices of what has remained vs. what has closed hasn’t made sense to me but I don’t have an account with Wells Fargo.

    I also seem to remember the bank First Union comprising part of this heritage…

    I’m also trying to remember what became of Carolina First as well…that’s a name I remember from the 90s as well…

    Over the years I’ve ridden by this building a lot as I went about different missions of mine and never knew the history that has been discussed in the several comments…


    19 Oct 23 at 8:52 pm

  9. @Andrew... Carolina First merged with TD Bank when their parent company The South Financial Bank was bought out by TD in 2010.

    What pisses me off about Wells Fargo is that for some things they insist on making it overly complicated when policy doesn't dictate such and in other cases they completely ignore policies and just do whatever the hell they feel like doing that day.


    20 Oct 23 at 12:02 am

  10. @Andrew-It is not just Wells Fargo. As documented on this site Bank of America has been doing it too and well as some other banks. The reason is simple, more people are doing their banking online than in a brick and mortar building.
    We are also becoming more and more a cashless society, hence the need for ATMS has decreased (not to mention a lot of stores offer "cash back" options when using a debit card.


    20 Oct 23 at 10:15 am

  11. @Gypsie - Every time I have had to deal with Wells Fargo (other than teller transactions) it has been a three ring circus. Their so-called customer reps have no training whatsoever. Anything other that a simple question; they have to get on the phone with the home office for direction. Then they are redirected several times just to find the correct person they need to talk to. But every time they have no qualms about trying to sell you on some service, especially financial planning. They are trying to meet their referral quota for the month so they don't get written up. I don't deal with BOA but I have heard they are the same way. Since BB&T and Suntrust merged into Truist I can tell they are moving in that direction as well. I go back to my previous statement about the smaller the bank is the better they are and the more they care about the customer.


    20 Oct 23 at 2:33 pm

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