Wells Fargo Promotes Terri Bethel to Lead Middle Market Banking in Southern Ohio

10/30/2017
30-year banking veteran takes reins of growing commercial lending business

DAYTON, Ohio — Wells Fargo Middle Market Banking announced today that it has named 30-year banking veteran Terri Bethel to lead its Southern Ohio teams as regional vice president.

Bethel oversees a team of experienced commercial lending professionals with offices in Dayton and Cincinnati, that delivers Wells Fargo’s localized lending approach to privately held, middle-market companies with revenues of $20 million and higher. The bank’s Middle Market Banking offices provide more than 80 Wholesale Banking services to clients in industries, such as agriculture, manufacturing, wholesale, retail, distribution, and technology.

Middle-market companies drive the economy in the Central U.S. and nationally, reporting average year-over-year revenue growth of 6.3 percent, according to the National Center for the Middle Market. Strong growth in the technology, wholesale, retail, and distribution industries — key industries for Southern Ohio middle market businesses — were among the top in revenue growth for 2016.

“Terri excels at guiding Middle Market Banking teams with integrity, diligence, and commitment to helping companies grow,” said Marybeth Howe, Great Lakes division manager for Wells Fargo Middle Market Banking. “With a decade of Wells Fargo experience, Terri understands the financial needs of our Southern Ohio clients and will help drive their continued business growth.”

Bethel launched Wells Fargo’s Dayton-area Middle Market Banking operations in 2007, leading the team to double-digit, year-over-year loan growth for the past 10 years. Her new role expands her responsibility to include all of Southern Ohio. Prior to banking, Bethel held sales and sales management roles in the consumer products industry. She holds an MBA and a bachelor’s degree in marketing from Murray State University in Murray, Kentucky.

Active in the community, Bethel serves on the Alzheimer’s Association-Miami Valley Chapter and CityWide Development Corporation boards. She chaired the 2017 Dayton Walk to End Alzheimer’s and co-chaired the American Cancer Society Greater Dayton Golf Classic. Bethel also serves as Great Lakes diversity ambassador for Wells Fargo’s Middle Market Banking Diversity and Inclusion Council.

Like Bethel, more than 1,000 Wells Fargo team members live, work, and support customers in Ohio, volunteering 6,800 hours and donating $188,000 in 2016 in communities statewide. Wells Fargo donated more than $480,000 to 130 Ohio nonprofits and schools that same year.  

About Wells Fargo Middle Market Banking

Wells Fargo is No. 1 in total middle market banking share in the U.S. and has the most primary banking relationships with middle market companies with $25 million to $500 million in annual sales.* With 140 offices in 38 states and four Canadian provinces, Wells Fargo Middle Market Banking provides local service and decision-making for businesses with $20 million to $500 million-plus 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 technology, food and agribusiness, healthcare, government, higher education, clean technology, and environmental services. Watch stories about successful middle market companies at Wells Fargo Commercial Banking Success Stories.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 8,400 locations, 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 42 countries and territories to support customers who conduct business in the global economy. With approximately 268,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 25 on Fortune’s 2017 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.

* Barlow Research Middle Market Rolling 8 Quarter Data 4Q2014-3Q2016, showing Wells Fargo's competitive market performance among companies with $25MM-<$500MM in sales for both primary bank market share and total market share (primary + up to 3 additional banks used). Deposit products offered by Wells Fargo Bank, N.A. Member FDIC.

LaTrina Blair Shepherd 312-630-2315 Latrina.Shepherd@wellsfargo.com http://www.twitter.com/TrinaShepherdWF

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