Wells Fargo Financial to celebrate 10 years of operations in Pacific islands

Dededo, Guam—Wells Fargo Financial, the consumer finance subsidiary of Wells Fargo & Company (NYSE: WFC), is marking the 10-year anniversary of operations on Guam and Saipan with a weeklong celebration beginning Monday to honor its customers on the islands.

“Wells Fargo Financial expanded its business in Guam in October 1994 as an experiment to see if the business would be viable here,” said Albert Manley, who was the manager of the first store in Guam and is now Wells Fargo Financial’s district manager in the Pacific Islands. “We believed we offered exceptional services that would help our customers succeed financially, but we have been overwhelmed by the tremendous response of our customers.

“We now have five stores with 44 employees serving almost 12,000 customers on Guam and Saipan. We owe everything to our loyal customers who have made what started as an experiment a thriving business on the two islands,” he said.

Manley said that, as a show of its appreciation, Wells Fargo Financial is celebrating its anniversary with gifts for customers. Customers who come in to any Wells Fargo Financial store to register will be eligible for a grand prize drawing to win one of two packages of round trip airfare for two and lodging for three days in either Hong Kong, the Philippines, Bali, Palau, or Cairns Australia. In addition, the company is offering a variety of food and prizes to all customers at all of its stores, including calculators, T-shirts and coolers.

“We want to thank our customers and government officials for being so nice and supportive of us for the past decade,” Manley said. “The reason we have been successful is because of our customers and the fact that we could hire and train so many talented local people, offering them a good career right here on the islands.”

Wells Fargo Financial, a unit of Wells Fargo & Company, is a $31 billion company providing consumer installment and home equity lending, automobile financing, consumer and private-label credit cards and commercial services to consumers and businesses. The company has approximately 17,700 team members and operates in 48 U.S. states, the 10 provinces of Canada, Mexico, the Caribbean and the Pacific Islands. It is headquartered in Des Moines, Iowa. More information about Wells Fargo Financial is available at www.wellsfargofinancial.com.

Wells Fargo & Company is a diversified financial services company with $420 billion in assets, providing banking, insurance, investments, mortgage and consumer finance to more than 23 million customers from more than 6,000 stores and the Internet (wellsfargo.com) across North America and elsewhere internationally. Wells Fargo Bank, N.A. is the only “Aaa”- rated bank in the United States. Visit Wells Fargo at www.wellsfargo.com.