Business

May 6, 2013

Wells Fargo to move commercial banking team downtown

Wells Fargo is moving its newly formed commercial banking team downtown.

Wells Fargo is moving its newly formed commercial banking team downtown.

Officials from the San Francisco-based bank said Monday that its four-member commercial team will move later this month from its Terradyne Country Club office in Andover to a suite that’s three times larger at Occidental Plaza, 300 N. Main.

Bank spokesman Gabriel Boehmer said the team will be going from 1,000 square feet to Suite 204 at Occidental Plaza, which has 3,200 square feet.

He said the office will be more accessible to the bank’s commercial customers because of its central location downtown.

The move is expected the last week of May.

The bank earlier this year established a commercial banking team. The team includes Scott Ochs, team leader and senior relationship manager; Sueanna Budde, credit manager; Rich Trease, senior relationship manager; and Monica Towns, relationship associate and customer service manager.

Ochs and Budde were most recently at Bank of America, while Towns was at Emprise Bank – and before that at Bank of America – and Trease was at GE Capital.

Wells Fargo, which has $1.3 trillion in assets, came to Wichita in 2008 following its acquisition of the troubled Wachovia Bank. The merger gave it two bank branches in the city, at 6321 E. Central and 455 S. West St.

The bank also has a presence through its brokerage business, Wells Fargo Advisors, which came to town through its acquisition of Wachovia Securities. The bank also operates Wells Fargo Home Mortgage, which has had the longest presence of Wells’ operations in the city.

The move to Occidental Plaza is temporary, a bank official said. Wells Fargo continues to look for a more permanent location for the commercial banking team.

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