WACHOVIA

/Home/1. Search Florida Banks/Banks in South West Florida/Lee County, FL - Banks/Boca Grande, FL - Banks

WACHOVIA
441 PALM AVE,
BOCA GRANDE, FL 33921
Phone: 941-964-1234

Lobby Hours:
9:00-1:00 Monday
9:00-1:00 Tuesday
9:00-1:00 Wednesday
9:00-1:00 Thursday
9:00-1:00 Friday

When William A. Lemly decided in 1879 to relocate his bank from the quiet Moravian village of Salem to the bustling county seat of Winston, he needed more than a crew of movers. Although the relocation involved moving only a few blocks up the street, changing towns required a new charter and a new name.

Both became effective on June 16, 1879, with the opening of the doors of the new Wachovia National Bank. The bank started business with capital of $100,000, which its directors felt was "very adequate."

Some years later, on June 15, 1893, North Carolina's first trust company - Wachovia Loan and Trust Company - opened its doors for business in the rapidly growing town of Winston. Its two-man staff was headed by a prominent textile and railroad entrepreneur, Francis H. Fries (pronounced "freeze").

In 1911, the two Wachovia's merged to form Wachovia Bank and Trust Company. The consolidated bank began operations with deposits of $4 million, capital stock of $1.25 million and total resources of $7 million. It was the largest bank in the South and the largest trust operation between Baltimore and New Orleans.

Wachovia is now part of Wells Fargo:

Together, we’re one of North America’s largest and most diverse financial services companies with a legendary reputation for strength and stability, offering more convenience and resources to help you reach your financial goals. We can serve you through more than 11,000 stores, over 12,000 ATMs, the Internet and other distribution channels across North America and internationally.

Wells Fargo & Company (NYSE: WFC) is a diversified financial services company providing banking insurance, investments, mortgage and consumer finance. We're headquartered in San Francisco, but we're decentralized so every local Wells Fargo store is a headquarters for satisfying all our customers' financial needs and helping them succeed financially.

© 2010 Wells Fargo. All rights reserved.