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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