Thursday, July 13, 2017

All About Wells Fargo Bank's Move To Old Tully's Location

new Wells Fargo location

Wells Fargo Bank (4568 Sandpoint Way), just in front of Children's Hospital, will be closing its current location next month and re-opening a few days later in the old Tully's location (3042 NE 45th Street), which closed in April of last year, nextdoor to Federal Express . The new space is currently being remodeled.

The bank will close at 2pm at the current location on September 22nd and will re-open at the new location on September 25th. 

The current location, a woodframe building, was built in 1961 and the building where the new bank will be was built in 1996 and is owned by William Guimont who purchased the building for $2,275,000 in 1996 from Five Corners Property.

The Wells Fargo North Seattle District Manager told the Laurelhurst Blog:
Customer accounts will not be impacted by the branch relocation. The building where the bank currently is located, will be placed on the market after the opening of the new branch.

At the new location, we have leased the entire Tully’s space and are undergoing a complete remodel.  The new branch will have eight team members, our teller windows, five banker desks, a new vault, safe deposit boxes, conference room, ATM and night depository service and will be ADA compliant as the landlord recently completed accessibility improvements.
Customers with safe deposit boxes are asked to remove their belongings and close their box by August 26. 640 safe deposit boxes will be available at the new location with the following sizes: 3X5=280, 3X10=280 and 5X10 =80.
We have started a waiting list to ensure that customers who would like a box will have one at the new location. The safe deposit boxes at the new Laurelhurst branch will be on the same level as the branch, making it safer and more convenient for our customers. 
The new branch will also feature a community mural honoring the local history and culture of Seattle and the Laurelhurst neighborhood, which is still in the research/design phase. We have an in-house marketing and Historical Services team that researches, designs and produces our community murals. We collaborate with local libraries, museums and historical societies to gather and select photos/images. 
The Laurelhurst branch relocation is one of three planned in the Puget Sound area for 2017, the others are the Totem Lake branch in Kirkland and Gig Harbor branch.
Wells Fargo is constantly evaluating our branch network and this process leads to new branch openings, relocations, consolidations, expansions and closures. Some of the key factors involved in these decisions include customer convenience and patronage, costs to maintain the branch and market distribution.


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