Wells Fargo Commercial Banking Expands to Arkansas

LITTLE ROCK, Ark.--(BUSINESS WIRE)--Wells Fargo (NYSE:WFC) continues to enhance the financial services it provides middle market companies by opening a new Commercial Banking office here.

“Wells Fargo has seen substantial growth opportunities in Arkansas since the economic recovery, especially in manufacturing, agriculture, and government”

Kevin Handley, senior vice president and regional vice president with Wells Fargo’s Commercial Banking, has been tapped to lead the new Little Rock office. He is relocating from St. Louis, where he served as loan team manager and a senior relationship manager, serving customers in Missouri and Arkansas. Handley has more than 18 years of commercial banking experience.

“Wells Fargo has seen substantial growth opportunities in Arkansas since the economic recovery, especially in manufacturing, agriculture, and government,” said Handley. “We’re excited to be closer to our customers here, and to be able to help them grow.”

Wells Fargo previously served Commercial Banking customers in Arkansas through its St. Louis and Kansas City, Missouri offices. However, strong growth in Arkansas spurred the Commercial Banking expansion to Little Rock. In addition to traditional commercial banking services, technologically advanced treasury management, and asset-based lending, the Little Rock team will offer specialized lending for government, food and agriculture.

The Little Rock Commercial Banking office is scheduled to open this month. Initially, the team will be based at the Wells Fargo Advisors building, 12921 Cantrell Road. Handley plans to hire two relationship managers and one relationship administrator in 2013. He intends to relocate the team to its own facility in mid-2013.

“Based right here in Little Rock, our local Commercial Banking lenders are empowered to make decisions regarding pricing and structure as it relates to the individual needs of each business,” said Handley.

Handley received a bachelor’s degree from Missouri State University and MBA from Washington University in St. Louis. Active in the community, he is a past president of the local chapter of the National Kidney Foundation. Handley also serves as a volunteer fundraiser, youth basketball coach, and Cub Scouts leader. He enjoys running, ice hockey and basketball. Kevin, his wife and their three children will relocate to Little Rock.

About Wells Fargo Commercial Banking

Wells Fargo’s Commercial Bank serves middle market businesses with annual sales above $20 million. Nationwide, Wells Fargo is the No. 1 commercial bank in the markets it serves. In addition to providing a world-class customer experience for our clients, Wells Fargo Commercial Bankers are also committed to being good citizens, from charitable giving to volunteering to public service.

About Wells Fargo

Wells Fargo & Company 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, the Internet (wellsfargo.com and wachovia.com), and has offices in more than 35 countries to support the bank’s 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. 26 on Fortune’s 2012 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy all our customers’ financial needs and help them succeed financially.