Wells Fargo to close downtown Morganton branch in November

This fall, Wells Fargo plans to close the doors of its downtown Morganton location. 

The branch and ATM, located at 101 W. Union St., will permanently close on Nov. 18. Customers will still be able to bank with Wells Fargo as the company plans to move to move operations to its other location, 801 S. Sterling St. within Morganton Plaza.

Customers will still be able to receive person-to-person financial support and services at the Morganton Plaza location, according to a recent message to customers from Antonio Dansberry, district branch network senior manager.

Those who have a safe deposit box with the branch can expect more information, Dansberry said.

Wells Fargo has been on a mission to modernize more than 4,000 branches, according to the Charlotte Business Journal, though it's uncertain whether the Morganton move is related. Major redesigns have been primarily in the Charlotte metro at locations like the Freedom Drive branch.

It's uncertain what will take the place of the bank's downtown branch, though Wells Fargo still owns the building, according to Burke County property records. The property's total taxable value is $1.9 million.

The building has been home to Wells Fargo since 2010, after the company acquired Wachovia.

Read more in next week's edition.