Wells Fargo chose El Paso, TX as home for a new Middle Market Banking office. Vanessa Barreda-Ramirez was promoted to lead the West Texas location, advancing the bank’s community-based approach to serving privately held, middle-market companies with revenues of $20 million and above.

Barreda-Ramirez, an 18-year banking veteran, most recently served as a senior relationship manager for Wells Fargo’s Business Banking Office in El Paso. Before joining Wells Fargo in 2015, Barreda-Ramirez held various positions at JPMorgan Chase.

“At a time when some banks are pulling back across the state, Wells Fargo is pushing forward, adding offices, and hiring talented bankers to serve Texas companies,” said Guido Kemp, Wells Fargo Middle Market Banking manager for New Mexico and West Texas. “Our strength and stability allow us to invest in communities where middle market companies continue to power the local economy.”

With the expansion to El Paso, Texas is now home to a total of eight Wells Fargo Middle Market Banking offices, including three regional offices in Dallas/Fort Worth, three in Houston and one each in San Antonio and Austin.