MILWAUKEE – To meet the growing demand for financial services from middle-market companies in Wisconsin, Wells Fargo & Company (NYSE: WFC) announced today that Joseph Wells has joined its Commercial Banking team in Milwaukee. In his new role as senior vice president and business development officer, Wells will serve middle market, privately held companies with annual revenues of at least $20 million or greater in Milwaukee and Madison.
Wells brings more than 10 years of banking experience to the role. Most recently, he worked in Wells Fargo’s Capital Finance group since 2007 as director of loan originations. Before that, Wells worked for Wells Fargo’s U.S. Corporate Banking group in Dallas.
“Joe is a great addition to our extensive business development efforts in the Wisconsin market,” said Gina Peter, region head for Wells Fargo Commercial Banking offices in Wisconsin. “As we have more than doubled our business in Wisconsin over the past three years, we continue to add quality professionals, like Joe, to our team to assist prospective customers in reaching their financial goals.”
Wells earned his bachelor’s degree in finance from Southern Methodist University. He is an active member of the Commercial Finance Association and Golden Angels Investors. Wells lives in Mequon, Wisconsin.
Wells joins more than 3,000 Wells Fargo team members throughout the state. In 2013, Wells Fargo invested $1.35 million in grants to 313 nonprofits, and team members contributed more than 26,500 volunteer hours throughout Wisconsin.
About Wells Fargo Commercial Banking
With more than 140 offices in 38 states and three Canadian provinces, Wells Fargo Commercial Banking provides local service and decision-making for businesses with annual revenues of greater than $20 million. Asset-based lending, traditional secured loans, and capital markets provide access to working capital for day-to-day operations and growth. Expertise and services are available to specialty industries, including technology, food and agribusiness, healthcare, government, higher education, clean technology, and environmental services. Wells Fargo has the highest market share of middle-market company relationships in the U.S., according to the 2013 TNS Commercial Banking Momentum Monitor.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.6 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 locations, 12,500 ATMs, and the internet (wellsfargo.com), and has offices in 36 countries to support customers who conduct business in the global economy. With approximately 265,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 29 on Fortune’s 2014 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy all our customers’ financial needs and help them succeed financially. Wells Fargo perspectives are also available at Wells Fargo Blogs and Wells Fargo Stories.