CONTRACTRECOMMENDED

College Recommends Closing Wells Fargo Investment Account

Wilkes Community College logoWilkes Community College
Disclosed value
$36,180 in management fees for fiscal year 2026
From agendapacket
Document date
Oct 8, 2026

The 30-second brief

What it covers

Wilkes Community College’s Investment Committee recommended closing its Wells Fargo investment account after determining that Wells Fargo Bank did not meet the applicable registered-investment-advisor requirements. The college plans to move the investment balances to U.S. Treasury Bills and may seek proposals for future investment management services.

Who holds it

Wells Fargo holds this financial services contract with Wilkes Community College. Its other public contracts on record include work for Dallas County Juvenile Justice and Housing Finance Authority of Miami-Dade County.

What happens next

Term as filed: Over 30 years; proposed closure of the account and transfer of investments to U.S. Treasury Bills.

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Contract details

Contract type
Financial Services
Amount
$36,180 in management fees for fiscal year 2026
Document date
October 8, 2026
Term
Over 30 years; proposed closure of the account and transfer of investments to U.S. Treasury Bills
Source document
Wilkes Community College AgendaPacket Board of Trustees Meeting 2026-10-08 (AgendaPacket)

Wells Fargo's other public contracts

More Wilkes Community College contracts

Questions about this contract

Who was awarded the financial services contract by Wilkes Community College?

Wells Fargo was awarded this financial services contract by Wilkes Community College, as recorded on October 8, 2026. The contract value is $36,180 in management fees for fiscal year 2026.

How much is the Wells Fargo contract with Wilkes Community College worth?

The Wells Fargo contract with Wilkes Community College is valued at $36,180 in management fees for fiscal year 2026, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Wilkes Community College AgendaPacket Board of Trustees Meeting 2026-10-08 (AgendaPacket), dated October 8, 2026 from Wilkes Community College. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Wells Fargo hold?

Wells Fargo may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Wilkes Community College currently buying?

Explore Wilkes Community College's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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