Wells Fargo to recruit 1000 extra staff for Wachovia branch switch

Source: Wells Fargo

Wells Fargo & Company (NYSE:WFC) announced today that it will hire more than 1,000 team members by mid-May 2011 to increase staffing levels in its 404 Mid-Atlantic region (Virginia, Maryland and Washington, D.C.) retail banking stores.

The added personnel will include tellers, lead tellers, personal bankers, regional bank private bankers, and store managers. Positions are available throughout the Wachovia banking store footprint in the Mid-Atlantic region.

The jobs will be part-time and full-time positions, and are eligible for benefits packages.

"Since meeting all of our customers' financial needs—while providing industry-leading service—is our top priority, it's critical that we are fully staffed with enthusiastic, skilled team members in our banking stores," said Pete Jones, Wells Fargo regional president for the Mid-Atlantic region. "We also hope that, by adding over 1,000 new team members in the next three months, we'll be contributing to the economic recovery in Virginia, Maryland and Washington, D.C."

To date, the company has added nearly 600 store team member positions in the Mid-Atlantic region since the Wells Fargo/Wachovia merger closed on Dec. 31, 2008.

The spring additions will increase staffing levels in preparation for the transition of Wachovia stores to the Wells Fargo brand and systems, which will occur in fall 2011. Specific dates for the conversion in Mid-Atlantic have not yet been announced.

The additional staff will also complete Wachovia's transition to the Wells Fargo store staffing model, which calls for more bankers in stores to better serve customers.

Benefits for Wells Fargo team members include medical and dental coverage, paid time off for vacation, illness and volunteerism, dollar-for-dollar match on 401(k) up to 6%, discounts and savings on Wells Fargo products and services, and tuition reimbursement.

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