Wells Fargo Opens New Regional Commercial Banking Office in Pittsburgh
Pittsburgh, Penn. — October 30, 2006
Wells Fargo & Company (NYSE:WFC) opened a new Regional Commercial Banking Office (RCBO) in Pittsburgh to serve the financial needs of businesses with annual revenues greater than $10 million. Pittsburgh financial services veteran John Ciccolella will lead the new office as regional vice president, as well as Erv Geiger, loan team manager. “Wells Fargo has a rich history of connecting businesses with a wide range of financial services from business insurance to trade finance and beyond,” said Ciccolella. “It’s time that Pittsburgh businesses get to benefit from Wells Fargo’s highly-regarded relationship banking model. Opening this RCBO is a natural outgrowth of Wells Fargo’s commitment to satisfying business customers’ financial needs in the Northeastern region.” Ciccolella is building a team of seasoned bankers, including Erv Geiger, Joseph Bianchin and Barrett Donovan -- each having approximately 10 plus years of experience in the market. Ciccolella and his team come to Wells Fargo from National City Bank where Ciccolella and Geiger managed commercial middle market banking teams and Bianchin and Donovan served as commercial banking relationship managers. Local middle-market companies in all industries can now turn to Wells Fargo to provide a complete suite of financial solutions including credit, treasury management, investment management, online services -- including the ability to deposit checks via the internet -- and other specialized financial services. The new office is located at 2 Gateway Center, 3rd floor (412-715-1486). It joins 2,000 Wells Fargo team members in Pennsylvania who provide financial services through offices in 51 cities throughout the state. Wells Fargo businesses in Pennsylvania are: Commercial Banking, Acordia Insurance, Wells Fargo Foothill, Wells Fargo Home Mortgage and Wells Fargo Financial. More than 5,000 Wells Fargo team members work in the Northeast region. Wells Fargo & Company is a diversified financial services company with $483 billion in assets, providing banking, insurance, investments, mortgage and consumer finance to more than 23 million customers from more than 6,100 stores and the internet (wellsfargo.com) across North America and elsewhere internationally. Wells Fargo Bank, N.A. has the highest possible credit rating, "Aaa," from Moody's Investors Service and the highest credit rating given to a U.S. bank, "AA+," from Standard & Poor's Ratings Services.