Wells Fargo Promotes Fameree To Head Commercial Banking Office In Green Bay

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 2010

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