Roanoke-born, 28-year commercial banking veteran to oversee lending operations
ROANOKE, Va. – Wells Fargo (NYSE: WFC) Middle Market Banking announced today that Arnie Adkins has been named regional vice president for its Western Mid-Atlantic commercial lending operations, covering Lynchburg, Southwest Virginia, the Shenandoah Valley, and West Virginia.
Based in Roanoke, Adkins leads Wells Fargo’s local Middle Market Banking team serving Western Mid-Atlantic companies with annual revenues of $20 million and more. A native of Roanoke, Adkins joined Wells Fargo in 1989 and completed the bank’s commercial banking training program. For 20 years, Adkins managed new loan portfolios and led a team of analysts in underwriting and servicing for the Western Mid-Atlantic.
“Wells Fargo’s commercial lending model is to have local representation backed by specialized resources, whether that’s industry or specific financial capabilities, such as international, investment banking, and treasury management,” said Abby Matia, Mid-Atlantic division manager for Wells Fargo Middle Marking Banking. “We partner with these resources to deliver comprehensive financial services and solutions to our customers.”
Adkins graduated from James Madison University with a bachelor’s degree in economics and finance. He currently volunteers with United Way and Reading First, and is a past member of the Mill Mountain Theatre board.
“Arnie is a respected member of the local banking community and has dedicated his career to helping Virginia companies’ meet their financial needs for more than two decades,” said Matia. “He has demonstrated the leadership qualities and tenured commitment to this market and team, which he will lead with integrity, diligence, and continued commitment to serving our clients and this community.”
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, investments, mortgage, and consumer and commercial finance through 8,050 locations, 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 38 countries and territories to support customers who conduct business in the global economy. With approximately 265,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 26 on Fortune’s 2018 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.
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.
*Barlow Research Middle Market Rolling 8 Quarter Data 1Q2016-1Q2018 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.