Wells Fargo Middle Market Commercial Banking Expands Chicago Suburban Reach with Highland Park Office
July 18 2016 - 10:55AM
Business Wire
Brian Ruger to lead new team that serves
local, privately held companies
As Illinois' middle-market companies continue to outpace the
national average in revenue and employment growth, Wells Fargo
& Company (NYSE: WFC) is investing in a new suburban Middle
Market Commercial Banking office in Highland Park, Ill. An
extension of its Chicago hub, the office joins a recently opened
Naperville, Ill., location, advancing Wells Fargo’s community-based
approach to serving privately held middle-market companies with
revenues of $25 million and above.
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Matt Gable, senior relationship manager
for Wells Fargo's Highland Park, Ill. office (Photo: Business
Wire)
Eight-year company veteran Brian Ruger has been appointed head
of the Highland Park office, bringing local credit decision making
and a full suite of products and services — including Treasury
Management, asset-based lending, traditional secured loans, and
capital markets services — closer to suburban customers. He reports
to Doug Banzuly, senior vice president and region head for Wells
Fargo Middle Market Commercial Banking in Chicago.
“Illinois is an important market to Wells Fargo, and we have a
tremendous opportunity to grow our business by investing in
locations that bring us even closer to our customers,” said
Banzuly. “I’m confident our team members and customers will benefit
from Brian’s leadership and expertise.” Ruger recently added Senior
Relationship Manager Matt Gable to his Highland Park team.
Currently, Wells Fargo has six offices serving mid-sized
companies in the Chicagoland area, including a Naperville office
that opened in 2014. The new Middle Market Commercial Banking
office in Highland Park is located at 1849 Green Bay Road in the
center of downtown Highland Park. More offices are planned over the
next few years to connect with customers located in the suburbs,
and to offer more flexible work locations for Wells Fargo bankers,
said Lisa N. Johnson, Midwest division manager for Wells Fargo
Middle Market Commercial Banking.
“Wells Fargo’s growth and unwavering focus on customers drive
our expansion strategy, bringing us closer to our customers,”
Johnson said. “It’s a natural next step in supporting our existing
clients while identifying strong bankers, like Brian and Matt, to
build new relationships.”
Ruger served since 2008 as vice president and relationship
manager for the Wells Fargo Regional Commercial Banking Office in
Chicago. He continues to focus on originating and managing
middle-market client relationships by providing commercial loans,
treasury management, and deposit products to companies in northern
Illinois, including Highland Park. Before joining Wells Fargo,
Ruger started his commercial banking career at LaSalle Bank in
2005. He earned a bachelor’s degree in accounting from The
University of Iowa. Ruger volunteers with Big Brothers Big Sisters
of Metropolitan Chicago and was previously a long-time volunteer at
Lurie Children’s Hospital of Chicago.
Gable brings more than 15 years middle-market banking experience
to his new role, the past seven years at BMO Harris. Gable earned a
dual bachelor’s degree in finance and business from Miami
University. He resides with his family in Wilmette.
About Wells Fargo Middle Market Commercial Banking
Wells Fargo is No. 1 in total middle market banking share in the
U.S. and has the most lead banking relationships with middle market
companies with $25 million to $500 million in annual sales.* With
140-plus offices in 38 states and four Canadian provinces, Wells
Fargo Middle Market Commercial Banking provides local service and
decision-making for businesses with $20 million and higher in
annual sales. Asset-based lending, traditional secured loans, and
capital markets provide access to working capital for day-to-day
operations and growth. Expertise and services are available to
specialty industries, including food and agribusiness, healthcare,
government, higher education, clean technology, and environmental
services. Watch stories about successful middle market companies at
http://wholesalebanking.wf.com/cmbg-success-stories.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified,
community-based financial services company with $1.8 trillion
in assets. Founded in 1852 and headquartered in San Francisco,
Wells Fargo provides banking, insurance, investments, mortgage, and
consumer and commercial finance through 8,800 locations, 13,000
ATMs, the internet (wellsfargo.com) and mobile banking, and has
offices in 36 countries to support customers who conduct business
in the global economy. With approximately 269,000 team members,
Wells Fargo serves one in three households in the United States.
Wells Fargo & Company was ranked No. 27 on Fortune’s 2016
rankings of America’s largest corporations. Wells Fargo’s vision is
to satisfy our customers’ financial needs and help them succeed
financially. Wells Fargo perspectives are also available at
Wells Fargo Blogs and Wells Fargo Stories.
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MediaWells Fargo & CompanyLaTrina Blair
Shepherd,
312-630-2315latrina.shepherd@wellsfargo.com@TrinaShepherdWF
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