Vela to lead Wells Fargo’s North Coast commmercial banking

Wells Fargo has promoted Fred Vela to the position of leader of the North Coast Middle Market Commercial Banking office covering Sonoma, Marin, Mendocino, Humboldt and Napa counties.

Vela has 16 employees in an office that serves public and private companies with annual revenues of $20 million or more.

Most recently, Vela served as senior vice president and loan team manager for North Coast and San Francisco offices. Previously with Comerica Bank, Vela joined Wells Fargo in 2011 as a loan team manager. His financing knowledge made the San Francisco regional office one of the top performing teams in Wells Fargo Middle Market Commercial Banking.

“Fred’s proven track record in forging new relationships, his deep knowledge of the North Bay market and commitment to being on the customers’ side made him the perfect choice,” said Peter Gruebele, North Bay Area region head for Wells Fargo Middle Market Commercial Banking.

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