Well Fargo opens commercial bank facility in Highland Park
Business Wire
HIGHLAND PARK - Wells Fargo & Co. is opening a new suburban Middle Market Commercial Banking office in Highland Park.
An extension of its Chicago hub, the office joins a recently opened Naperville location, advancing Wells Fargo's community-based approach to serving privately held middle-market companies with revenues of $25 million and above.
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 Chicago 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.