PARAMUS, N.J. -- Wells Fargo announced it will open its newest middle market office in Paramus during the first quarter of 2016.
Rick DeBel, a 32-year New Jersey financial services veteran who joined Wells Fargo in 2015 as a regional vice president, will lead the Regional Commercial Banking Office at 461 From Rd.
His team, including relationship managers John Prol and Stacey Hamilton, will serve middle market companies in northeast New Jersey with more than $20 million in annual revenues.
“Wells Fargo’s focused strategy on New Jersey includes the growth of our commercial lending presence throughout the state, signaling an overall investment in the region,” John Manning, head of Wells Fargo Commercial Banking for the East Region said in a statement. “We’re helping middle market business to thrive.”
Following the opening of its first New Jersey middle market office in 2006, Wells Fargo Commercial Banking has grown to 22 relationship managers/business development officers and five locations in the Garden State, including Paramus, Haddon Township, Iselin, Summit, and Princeton.
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