Wells Fargo Names James Trankle to Lead Middle Market Banking Team in Nebraska

OMAHA — Wells Fargo & Company (NYSE: WFC), No. 1 in U.S. middle market banking share, announced today that it has promoted James Trankle to lead its Nebraska commercial lending team. Based in Omaha, he reports to Grant Friesth, Central Division manager for Wells Fargo Middle Marking Banking.

Trankle now oversees Wells Fargo’s local Middle Market Banking operations throughout Nebraska, providing credit, treasury management, and deposit products to mid-market companies with revenues of $20 million and higher. His growing 17-member team of commercial banking experts delivers a localized lending approach, providing more than 80 Wholesale Banking services to some of the area’s largest and most-recognizable companies in agriculture, energy, manufacturing, wholesale, retail, distribution, and technology, among other industries.

“Local middle-market companies trust James to help them succeed financially,” Friesth said. “He will serve our Nebraska customers and communities with integrity, diligence, and commitment.”

Middle-market companies drive the U.S. economy as an important engine of job creation. More than 200,000 companies — mostly privately held — generate more than $10 trillion in annual revenues. In Nebraska, mid-market companies generate $29 billion in annual revenue and employ 210,000 local residents

Trankle launched his commercial banking career at Wells Fargo in 2001 in its relationship manager development program. He served as a commercial banking financial analyst and relationship manager for Minnesota operations in the  Bloomington, Minneapolis, St. Paul, and Greater Minnesota Middle Market Banking offices. In October 2007, Trankle became treasurer and chief risk officer of Grain Millers Inc. of Eden Prairie, Minnesota. He returned to Wells Fargo in 2010 to lead the eastward expansion of the Food and Agribusiness team. Trankle worked with local Middle Market Banking teams from Virginia northward through the Eastern Canada provinces, providing direct credit and financial consulting for Wells Fargo’s food, agribusiness, and agricultural production clients.

Trankle graduated magna cum laude from Cornell University in Ithaca, New York, with a bachelor’s degree in economics and history. He earned an MBA from Northwestern University’s Kellogg Graduate School of Management. He is an associate member of the North American Millers’ Association and a member of the Association for Corporate Growth.

Like Trankle, more than 900 Wells Fargo team members live, work, and support customers in Nebraska. They also volunteered 15,420 hours in 2017.

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 $2.0 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, investments, mortgage, and consumer and commercial finance through more than 8,300 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 263,000 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 1Q2016-4Q2017 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.