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Final Wachovia sign taken down as Wells merger wraps up

By Kirsten Valle Pittman and April Bethea
kpittman@charlotteobserver.com
WELLS_FARGO_CHANGE_02

Tim Shaffer of Rite Lite Signs of Concord, NC uses a lift and a miner's light to work on assembling an illuminated Wells Fargo sign, above a Wachovia sign, near Wells Fargo Plaza on Tuesday night, October 11, 2011 in uptown Charlotte, NC. Wells Fargo is continuing its branding transition from Wachovia to Wells Fargo. David T. Foster III-dtfoster@charlotteobserver.com


The final Wachovia sign came down this morning, kicking off the last chapter of the bank's conversion to Wells Fargo.

That merger will wrap up Saturday, when N.C. branches unveil new signs and systems and online banking customers across the state log into new accounts. The San Francisco-based Wells Fargo, which bought Charlotte's Wachovia at the height of the financial crisis in 2008, has been gradually swapping the blue-and-green Wachovia signs for the red-and-gold signs bearing the Wells name around the country, including in South Carolina last month.

Workers removed the final sign from the branch at 301 S. Tryon St. uptown at 10 a.m., before a small crowd of employees and passers-by. The group applauded as the sign came down.

"Today is the visible sign of that transition," Wells' Charlotte region president, Kendall Alley, an 11-year bank veteran, said after the ceremony. "It's the last piece to put the puzzle completely together."


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