Columbus Wachovia banks to change to Wells Fargo in fall - WTVM.com-Columbus, GA News Weather & Sports

Columbus Wachovia banks to change to Wells Fargo in fall

Press Release

New products and services, store remodels and hiring precede changeover 

COLUMBUS, GA – Wells Fargo & Company (NYSE: WFC) announced that Wachovia signs and systems will change to Wells Fargo in late October at 16 bank stores in Columbus and a total of nearly 280 locations across Georgia when the largest bank  merger in U.S. history moves to its first states in the East.

To mark the occasion and underscore its commitment to communities, the company announced a $10,000 contribution by the Wachovia Wells Fargo Foundation to Goodwill Industries. 

The funds will be used for financial education and community outreach.

Right now Columbus residents can preview how Wells Fargo will serve customers at bank stores across the area.

Customers will already find more tellers and bankers providing enhanced products and services from Wells Fargo, such as homeowners and renters insurance, identity theft protection and credit card and payroll services for small businesses.

While most of those serving customers are the same team members as before, the company has also hired more than 20 team members across Columbus as a result of a shift to the Wells Fargo model, which requires more tellers and bankers to provide even better care for customers. 

In addition, in advance of the changeover all bank stores in Columbus and across Georgia will be remodeled to the open Wells Fargo layout, allowing the company to provide more services to more customers. 

"We're working hard to be the best local bank in Columbus with all the advantages of a great national bank," said Chad Gregory, community bank president for the central Georgia region.  "Columbus residents like what we're doing and we're looking forward to the transition in October – at which point we'll have even more products and services for our customers."

Also preceding the conversion has been the installation across Columbus of state-of-the-art Envelope- FreeSM ATMs that help the environment by eliminating the need for envelopes or deposit slips, and help consumers by accepting stacks of up to 30 checks or 50 cash bills.

The ATMs also help small businesses by offering an 8 p.m. deadline for check deposits, with funds available at midnight, meaning deposits can be made after the close of the business day.

Added Gregory, "We're dedicated to meeting as many of our customers' financial needs as possible and the new offerings are already helping. These are more ways we can help them succeed financially."

The company employs more than 200 team members in business lines ranging from consumer and business banking to mortgage to retirement services to insurance. 

Columbus will continue to be important within the company's Southeast region.  Besides Georgia, other states in the region are Alabama, Tennessee and Mississippi, which are changing to Wells Fargo in late September.  Other states in the East will follow.

Wachovia merged with Wells Fargo on Dec. 31, 2008.  The company has previously announced conversions in five states where both Wells Fargo and Wachovia had retail banking operations: Arizona, California, Colorado, Illinois and Nevada.

Colorado banking stores successfully integrated last November. 

Banking stores in Arizona, Illinois and Nevada began operating under the Wells Fargo name in March. Wachovia's conversion in California was completed in April, and Texas and Kansas are scheduled for this July.   

Other integrations already completed include Wachovia Securities' change to Wells Fargo Advisors, and Wachovia Mortgage's change to Wells Fargo Home Mortgage.

About Wells Fargo
Wells Fargo & Company is a diversified financial services company with $1.2 trillion in assets, providing banking, insurance, investments, mortgage, and consumer and commercial finance through more than a combined 10,000 stores and 12,000 ATMs and the Internet (wellsfargo.com and wachovia.com) across North America and internationally.

Source: Wells Fargo

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