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Wells Fargo to Expand in Ga. With 200 New Hires

JAN 24, 2013 11:21am ET
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Wells Fargo is expanding its staff in Georgia by about 3%.

The country's fourth-largest bank announced Thursday that it will hire 200 bankers and mortgage specialists across the state. The majority of the hires will be in the Atlanta metro area, and the bank will also hire in Savannah, Columbus, Augusta and other cities, it said. Wells Fargo, which entered the state with its 2009 acquisition of Wachovia, currently has 6,800 employees in Georgia.

Half of the new hires will be for Wells Fargo's network of Georgia community banks and half will be for Wells Fargo Home Mortgage. The community banks will hire personal bankers and specialty bankers, while the mortgage group will hire loan officers, loan processors and underwriters.

Wells Fargo expects to finish the hiring by June, a spokeswoman said.

The bank's decision to add staff in Georgia was prompted by the recovery of the state's housing market, said Charles Gerding, Wells Fargo Home Mortgage regional manager for Georgia, in the news release.

"It's exciting to be able to add jobs, and to grow with the real estate industry," Gerding said.

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