FINANCIAL_SERVICESDISCUSSED

Beaufort County Community College Agenda Packet 2026-06-02

College To Transition From Wells Fargo Banking

Beaufort County Community CollegeWELLS FARGOMay 30, 2026

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Description

Beaufort County Community College reviewed its existing banking relationship with Wells Fargo due to rising fees and prenote charges. The college opted to replace Wells Fargo with United Bank for local financial services beginning July 1, 2026.

Contract Details

Vendor

WELLS FARGO

Agency

Beaufort County Community College, NC

Contract Type

FINANCIAL_SERVICES

Document Date

May 30, 2026

Contract Term

Historical relationship; end of service by June 30, 2026

Renewal Date

2026-06-30

Renewal Info

Existing banking arrangement is being allowed to lapse and replaced by a new contract with United Bank; no renewal authorized.

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