Wells Fargo Increases Presence in Maine with New Office

Wells Fargo announced that Portland, ME will be home to its newest Middle Market Banking office, staffed with local, senior relationship managers who will serve companies statewide.

The Portland team will offer a full suite of commercial banking products and services, including commercial and real estate loans, treasury management, global banking, foreign exchange and capital markets, in addition to multiple specialty lending division.

Two veteran New England commercial bankers recently joined Wells Fargo Middle Market Banking and will be based in the new office. Named as senior relationship managers who will serve Maine clients are Rob Small and Dave Ott. Both report to Paul Forester, regional vice president for Middle Market Banking in northern New England.

“Wells Fargo has always been bullish on family owned companies that have been the core of Maine’s economy for generations,” said Forester, who leads Wells Fargo Middle Market Banking in Maine, New Hampshire and Vermont. “Rob and Dave epitomize Wells Fargo’s commercial banking tradition of local expertise, service and streamlined approvals.”

Small, a senior vice president, brings nearly 20 years of commercial lending experience to Wells Fargo. Most recently, he worked as a senior relationship manager for TD Bank. Before that, he worked nearly a decade as a commercial loan officer for the Finance Authority of Maine in Augusta, ME.

Ott most recently served as a vice president with Bank of America Merrill Lynch in Boston. He brings 15 years of commercial banking experience with northeast middle market companies to Wells Fargo, focused on global derivative products for the last decade. Ott began his career as an associate client manager with FleetBoston Financial, where he was credit trained.

Earlier this year, Forester also named John Flint, a 14-year Wells Fargo veteran, as a business development officer for the northern New England Middle Market Banking team. Flint is responsible for originating transactions to finance working capital, corporate growth, mergers and acquisitions and recapitalizations. Before his current role, Flint served in business development for Wells Fargo Capital Finance in Boston, focused on asset-based relationships throughout New England and other northeastern markets.

Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!

Leave a comment

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.