TSL Express Daily News
The Secured Lender
SFNet's The 81st Annual Convention Issue
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Top 5 Apps for Organizing
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The Importance of Stretching
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SFNet's 40 Under 40 Award Winners Panel Recap
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SFNet's Inaugural YoPro Leadership Summit
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It’s Not Too Late – Five Member Benefits to Cash In On Now
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It’s Time To Break Up With Your Phone
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Lien Management – What You Need to Know
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Potential Impacts of Blockchain on Commercial Lending
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A Commercial Banker’s Tickler Transition Plan
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Selecting a Technology Vendor: 3 Questions to Ask
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Why Back-Office Lending Automation Enhances Customer Satisfaction
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The Lost Art of the Loan Purchase
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Audit Prep: Why a Paperless Approach Makes Sense
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“All Assets” is the Key When Drafting UCC-1 Financing Statement Collateral Descriptions
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Paper Loan Files: Does Your Bank Know the True Cost?
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September 12, 2019
Source: Wells Fargo
Wells Fargo (NYSE: WFC) announced that Stuart Brady, Vincent Ciminise and Ivan Ferraz will lead its newly integrated Commercial Banking operations in Nevada.
The new roles stem from the bank’s recently announced regional structure for its Commercial Banking business.
“Commercial Banking is built on a new, integrated business model designed to strengthen and simplify how Wells Fargo serves its commercial banking customers,” said Neal Crapo, division executive for Wells Fargo Commercial Banking’s Southwest market. “Wells Fargo serves commercial customers by combining our local presence with specialized resources, including industry expertise and creating tailored financial solutions for businesses. These leaders bring a combined 80 years of industry experience and an unmatched depth of commitment to the community.”
Brady, Ciminise and Ferraz will be based in the following territories:
Stuart Brady – Northern Nevada. A 26-year industry veteran, Brady is based in Reno. He previously served as head of Wells Fargo Business Banking in Northern Nevada. Brady is chairman of the board for the Economic Development Authority of Western Nevada.
Vincent Ciminise – Southern Nevada. Ciminise has 34 years of industry experience, all within the Las Vegas community. He previously served as head of Wells Fargo’s Business Banking for Southern Nevada. Ciminise is the former chairman of the Augustus Society.
Ivan Ferraz – Nevada. A 20-year industry veteran, Ferraz is based in Las Vegas. He previously led Wells Fargo’s investor real estate initiative in the business’s Southwest division. Ferraz will work with business customers throughout Nevada, with a special focus on companies with more than $50 million in revenue. He is involved with the United Way, American Cancer Society and Junior Achievement. He also is a member of the Real Estate Investment Advisory Council and a past board member of Partnership for Drug-Free Kids.
Wells Fargo Commercial Banking provides credit, treasury management, deposit and other products and services to a diverse set of commercial businesses, including not-for profit and government agencies in the local markets. With its newly formed Commercial Banking group, the Nevada team provides expertise across various industries including Food, Beverage & Agribusiness; Investor Real Estate; Government; and Technology throughout its regional presence.
Wells Fargo & Company has been serving the Silver State for more than 150 years. From the early days of transporting mail and gold from the Comstock Lode across Northern Nevada to enabling commerce and hospitality in today’s Las Vegas, the Wells Fargo stagecoach has been an integral part of the legacy of business in Nevada.
Today, Wells Fargo has more than 100 bank branches across the state and contributed more than $1.8 million in corporate grants to nonprofits and schools in 2018. In addition, nearly 1,500 Wells Fargo team members volunteered 25,663 hours in 2018 to support local communities. At a standard non-profit rate of $24.12 per hour, that equates to an additional fiscal impact of nearly $619,000.
For more information on Wells Fargo Commercial Banking please visit: wellsfargo.com/commercialbanking.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment and mortgage products and services, as well as consumer and commercial finance, through 7,600 locations, more than 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 32 countries and territories to support customers who conduct business in the global economy. With approximately 263,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 29 on Fortune’s 2019 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.
Contact:
Media
Sarah Hatch, 618-407-0953
Sarah.Hatch@wellsfargo.com
http://www.twitter.com/SarahHatchWF
