Wells Fargo completes conversion of all Wachovia Community Banking operations across Florida

Wachovia banking locations in southern Florida became Wells Fargo stores this past weekend

MIAMI--()--More than 300 Wachovia banking locations across the southern half of Florida became Wells Fargo stores over the past weekend following the conversion of locations in the north, central, and greater Tampa area of Florida last month. As a result, more than 70 million Wells Fargo Florida and nationwide customers can now access nearly 700 Wells Fargo stores and more than 900 ATMs throughout the state in the latest phase of the largest bank merger in U.S. history.

“It’s very exciting that the entire state of Florida is now Wells Fargo,” said Shelley Freeman, Regional President of Florida Community Banking. “We can now offer all of our customers a great range of products to help them succeed financially.”

“Our team members have been planning and working for nearly two years to ensure a smooth transition. I thank them and our customers, who continue to trust us with their business,” added Freeman.

“Our name has changed, but customers will continue to receive the same great service from the same great team of tellers and bankers with whom they’re used to doing business,” said Frank Newman, regional president for south Florida.

The company announced charitable contributions of $160,000 to nonprofit organizations within the converting regions; part of the larger total of $400,000 contributed statewide during conversion-related activities. “Wells Fargo’s dedication to our communities remains strong, as we pledge to continue to support their needs with team member volunteers and financial resources,” said Carl Miller, regional president for the Greater Gulf Coast.

Already the change to Wells Fargo has brought new benefits to Florida. Wells Fargo has added more than 1,500 new jobs across the state, mostly in community banking. Retail customers now have expanded choices in checking, savings, and other products like the ExpressSend® remittance service The Wells Fargo ExpressSend distribution network includes more than 27,000 remittance payout locations with 26 remittance companies located in 15 countries, including Argentina, Bolivia, Colombia, Dominical Republic, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, and Peru.. Wells Fargo’s ExpressSend remittance service is extremely popular with our customers because it’s an economical, convenient, and dependable way to send money home.

Small business customers have more resources to grow and manage their business, such as the Commercial Electronic Office® (CEO®) online portal. All customers can use Envelope-Free® ATMs which offer a 9:00 p.m. deadline for check deposits with funds available at midnight, so deposits can be made after the close of the business day.

In addition, all stores have been remodeled to the Wells Fargo open layout floor plan to improve the customer experience and to help the environment by using green materials and systems where possible. Many stores also feature murals depicting local community history, produced in conjunction with local historical societies.

The origins of the Florida changeover began on Dec. 31, 2008, when Wachovia Corporation merged with Wells Fargo & Company. Continuing through 2011, the company will convert Wachovia operations in Maryland, North Carolina, South Carolina, Virginia, and Washington, DC.

Important customer information – To ensure a smooth transition, customers can continue to use their same account number, as well as existing Wachovia checks and deposit slips until they run out. They can also use their current Wachovia debit card until it expires or they receive a new one.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.2 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 other distribution channels across North America and internationally). With approximately 280,000 team members,

Wells Fargo serves one in three households in America. Wells Fargo & Company was ranked No. 19 on Fortune’s 2009 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy all our customers’ financial needs and help them succeed financially.

Investment and Insurance Products       NOT FDIC Insured       NO Bank Guarantee       MAY Lose Value

Wells Fargo Investments, LLC (member SIPC), is a non-bank affiliate of Wells Fargo & Company.

Wells Fargo Advisors is the trade name used by two separate registered broker-dealers and non-bank affiliates of Wells Fargo & Company: Wells Fargo Advisors, LLC, and Wells Fargo Advisors Financial Network, LLC (members SIPC).

Deposit products offered through Wells Fargo Bank, N.A. Member FDIC. NMLSR ID 399801.

© 2011 Wells Fargo Bank, N.A. All rights reserved.

Contacts

Wells Fargo & Company
Media
Christina Kolbjornsen, 305-523-2544
or
Media
Kathy Harrison, 904-489-3602
or
Investors
Jim Rowe, 415-396-8216

Contacts

Wells Fargo & Company
Media
Christina Kolbjornsen, 305-523-2544
or
Media
Kathy Harrison, 904-489-3602
or
Investors
Jim Rowe, 415-396-8216