Wells Fargo & Company (NYSE: WFC) today said that Tom Fameree, a veteran
banker and lifelong Wisconsin resident, has been promoted to head of the
company’s growing Regional Commercial
Banking Office here. As regional vice president, he leads a team
that serves the business banking needs of middle market companies in
Northeast, Central, and Northern Wisconsin.
“Wells Fargo is adding customers at a pace I haven’t seen before in this
market,” said Fameree. “Our strong growth can be attributed to
businesses increasingly seeing the value in a financial partner that is
strong, stable, local and consistent.
“Further, Wells Fargo’s institutional success over the last several
years has allowed us to be externally focused on growth and investment
in people and technology, while others may have been internally focused
on credit issues,” Fameree added. “As a result, our customers are
benefitting from unmatched service and technology.”
Wells Fargo expects to create two new jobs on its Commercial Banking
team in Green Bay to serve growing demand, according to Fameree, senior
vice president. Last year, Wells Fargo increased its business in the
region by 15 percent. And through the first 10 months of this year, the
company’s Commercial Banking business has grown by 47 percent.
During the same time, Wells Fargo has remained a strong community-based
bank in Wisconsin, contributing 3,242 jobs and more than $1.35 million
to 264 community organizations in the state. In 2012, Wells Fargo team
members volunteered more than 26,000 hours, valued at $573,000, to
Wisconsin nonprofits. Wells Fargo serves Wisconsin with 57 banking
stores, 107 ATMs.
Fameree – who serves Big Brothers Big Sisters of Northwestern Wisconsin
as a board member and Junior Achievement of Wisconsin in Brown County as
treasurer – brings 29 years’ banking experience to his new post. Now a
senior vice president, he joined Wells Fargo’s Commercial Banking group
in 1992 as a relationship manager and has led the loan team for northern
Wisconsin since 2009. He began his career as an auditor for Valley Bank
and worked for University Bank and M&I Bank. Fameree grew up in
Luxemburg, Wis., and earned a bachelor’s degree in accounting from St.
Norbert College
Wells Fargo Commercial Banking offers comprehensive solutions tailored
for the needs of middle-market businesses. More than 120 Regional
Commercial Banking Offices nationwide serve clients with annual sales
above $20 million. Services include credit, treasury management, risk
management, investment products, and financial services. Wells Fargo
serves companies in a variety of industries, with specialty group
expertise in the agriculture, beverage, industrial equipment,
environmental services, and technology sectors. Wells Fargo is the No. 1
commercial bank by market share in the U.S.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified,
community-based financial services company with $1.4 trillion in assets.
Founded in 1852 and headquartered in San Francisco, Wells Fargo provides
banking, insurance, investments, mortgage, and consumer and commercial
finance through more than 9,000 stores, 12,000 ATMs, and the Internet (wellsfargo.com),
and has offices in more than 35 countries to support the bank’s
customers who conduct business in the global economy. With more than
270,000 team members, Wells Fargo serves one in three households in the
United States. Wells Fargo & Company was ranked No. 25 on
Fortune’s 2013 rankings of America’s largest corporations. Wells
Fargo’s vision is to satisfy all our customers’ financial needs and help
them succeed financially. In 2012, the Company invested $315.8 million
in grants to 19,500 nonprofits, and team members contributed more than
1.5 million volunteer hours around the country. For more information,
please visit: www.wellsfargo.com/about/csr.
Wells Fargo perspectives are also available at blogs.wellsfargo.com.
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Copyright Business Wire 2013