 |
|
| Wachovia headquarters, Charlotte |
Wachovia Bank is a wholly owned subsidiary of Wells Fargo & Company. The purchase of Wachovia Corporation by Wells Fargo was completed on December 31, 2008. Wachovia was the fourth-largest bank holding company in the US based on total assets. The deal integrated Wachovia's network of branches focused in eastern and southern states and gave Wells Fargo a presence along the East Coast. In October, 2011, the Wachovia brand was retired when the last bank branches in North Carolina were converted to Wells Fargo. Wachovia provided a full array of financial services to retail, corporate and institutional customers. It offered current and savings accounts, certificates of deposits, personal and auto loans, mortgages, investments, asset and wealth management, brokerage and other services. The company had more than 3,290 retail branches in 20 states as well as 40 offices abroad. Wachovia was established on June 16, 1879 under the name Wachovia National Bank and traded on the New York Stock Exchange under the symbol WB. In 2001, First Union Corporation merged with Wachovia to create the leading retail bank on the East Coast. First Union was the sixth-largest bank in the United States based on total assets. In 2008, Wells Fargo acquired Wachovia Corporation, including First Union Corporation. As of June 30, 2008, Wachovia Corporation had total assets of $812.4 billion and market capitalization of approximately $34 billion.
Headquarters address:
301 S. College Street
Charlotte, NC 28288
United States
Phone number: 1-800-869-3557
Hours:
Website: www.wachovia.com