Wells Fargo & Co. (NYSE: WFC) Completes Wachovia Brand Integration in Kansas

Wells Fargo & Co. (NYSE: WFC) has completed the merger of its Wells Fargo and Wachovia brands in Kansas on Monday.

Wachovia Corp was acquired by Wells Fargo & Co. (NYSE: WFC) on December 31st, 2008. Since the acquisition, Wells Fargo has integrated Wachovia’s branches under the Wells Fargo & Co. (NYSE: WFC) nameplate on a state-by-state basis. Wells Fargo & Co. (NYSE: WFC) now has eight bank branches, eight ATMs and more than 600 employees in the state.

“We’ve been anticipating this day and welcome Wachovia’s Kansas customers into the Wells Fargo family,” Regional President Kirk Kellner said in a release. “A lot of work went into making this transition as smooth for them as possible, and we look forward to providing continued great service and our full range of Wells Fargo products.”

Wells Fargo & Co. (NYSE: WFC) said that it has added more than 25 employees during the consolidation process to ensure that its customer service levels remain high. The company also installed envelope-free ATMs at all of its Kansas branches. The firm will also allow check deposits to be made up until 8:00 PM and be made available the next business day.

The San Francisco-based bank donated $61,000 to five Kansas nonprofits and their local affiliates, to be chosen by former Wachovia customers to celebrate the brand merger.

Wells Fargo & Company is a diversified financial services company. The Company provides retail, commercial and corporate banking services through banking stores located in 39 states and the District of Columbia. It provides other financial services, through subsidiaries engaged in various businesses, principally wholesale banking, mortgage banking, consumer finance, equipment leasing, agricultural finance, commercial finance, securities brokerage and investment banking, insurance agency and brokerage services, computer and data processing services, trust services, investment advisory services, mortgage-backed securities servicing and venture capital investment. The Company operates in three segments: Community Banking, Wholesale Banking, and Wealth, Brokerage and Retirement. As of December 31, 2009, the Company provided banking, insurance, investments, mortgage and consumer finance from more than 10,000 stores under various types of ownership and leasehold agreements.

Shares of Wells Fargo & Co. (NYSE: WFC) traded up 3.03% hitting $28.57 during mid-day trading on Monday.