The university has finalized a lease with Wells Fargo, and construction is expected to begin within the next two weeks in the College Park District, said University Center director David Albart in an email.
Construction is planned to finish in mid-to-late October, and it will open shortly after, Albart said.
It will be located across the street from Texas Trust on the south corner of First and Center streets.
At the start of the fall 2018 semester, the bank’s UC branch closed because the contract ended, according to a previous Shorthorn article.
On campus, there’s a Wells Fargo ATM in the UC and outside the Central Library. The nearest Wells Fargo bank is at 2611 W. Park Row Drive.