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Wells Fargo opens commercial banking office in Anaheim
Facility serves middle-market firms in Orange, L.A. counties.
By Kristen SchottPublished: October 18, 2009 09:44 AM
Wells Fargo & Co. has opened a regional commercial banking office in Anaheim to serve middle-market companies in the industrial corridor between Orange and L.A. counties.
Named for the historic railroad depot that served as a stop for stagecoach passengers traveling from L.A. to San Diego in the late 19th century, the Fulton Wells RCBO will work with manufacturers, distributors, wholesalers and professional services, among other firms. The office's reach will stretch from Santa Fe Springs to Yorba Linda and Diamond Bar to Los Alamitos.
“Wells Fargo continues to be at the forefront of business development in Orange County by increasing its investment throughout the community,” says Lucy Dunn, president and CEO of the Orange County Business Council.
MaryLou Barreiro is leading the new facility. She's a proven expert in her field: Barreiro recently played a key role in Wells Fargo's commercial banking expansion in the New York-New Jersey market. Barreiro grew the portfolio to nearly $1 billion in commitments in four years.
Wells Fargo is no stranger to the local region: It's been in the area for 150 years, according to Barreiro.
"We launched one of our most innovative creations – commercial banking for medium-sized companies – in Southern California in 1972," she continues. "Our Anaheim office brings us even closer to middle-market customers in this ethnically diverse, growing market.”
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Named for the historic railroad depot that served as a stop for stagecoach passengers traveling from L.A. to San Diego in the late 19th century, the Fulton Wells RCBO will work with manufacturers, distributors, wholesalers and professional services, among other firms. The office's reach will stretch from Santa Fe Springs to Yorba Linda and Diamond Bar to Los Alamitos. “Wells Fargo continues to be at the forefront of business development in Orange County by increasing its investment throughout the community,” says Lucy Dunn, president and CEO of the Orange County Business Council. MaryLou Barreiro is leading the new facility. She's a proven expert in her field: Barreiro recently played a key role in Wells Fargo's commercial banking expansion in the New York-New Jersey market. Barreiro grew the portfolio to nearly $1 billion in commitments in four years. Wells Fargo is no stranger to the local region: It's been in the area for 150 years, according to Barreiro. "We launched one of our most innovative creations – commercial banking for medium-sized companies – in Southern California in 1972," she continues. "Our Anaheim office brings us even closer to middle-market customers in this ethnically diverse, growing market.” NEXT PAGE >> Related headlines O.C.'s unemployment rate drops in September O.C. employment should rise 13.4 percent by 2016 UCI report says small businesses face heavy burden |
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