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Wells Fargo Unveils Team to Lead New Commercial Banking Structure in Nevada

September 13, 2019, 07:20 AM

Wells Fargo announced that Stuart Brady, Vincent Ciminise and Ivan Ferraz will lead its newly integrated Commercial Banking operations in Nevada.

The new roles stem from the bank’s recently announced regional structure for its Commercial Banking business.

“Commercial Banking is built on a new, integrated business model designed to strengthen and simplify how Wells Fargo serves its commercial banking customers,” said Neal Crapo, Division Executive for Wells Fargo Commercial Banking’s Southwest market. “Wells Fargo serves commercial customers by combining our local presence with specialized resources, including industry expertise and creating tailored financial solutions for businesses. These leaders bring a combined 80 years of industry experience and an unmatched depth of commitment to the community.”

Brady, Ciminise and Ferraz will be based in the following territories:

  • Brady – Northern Nevada. A 26-year industry veteran, Brady is based in Reno. He previously served as head of Wells Fargo Business Banking in Northern Nevada. Brady is chairman of the board for the Economic Development Authority of Western Nevada.
  • Ciminise – Southern Nevada. Ciminise has 34 years of industry experience, all within the Las Vegas community. He previously served as head of Wells Fargo’s Business Banking for Southern Nevada. Ciminise is the former chairman of the Augustus Society.
  • Ferraz – Nevada. A 20-year industry veteran, Ferraz is based in Las Vegas. He previously led Wells Fargo’s investor real estate initiative in the business’s Southwest division. Ferraz will work with business customers throughout Nevada, with a special focus on companies with more than $50 million in revenue. He is involved with the United Way, American Cancer Society and Junior Achievement. He also is a member of the Real Estate Investment Advisory Council and a past board member of Partnership for Drug-Free Kids.

Wells Fargo Commercial Banking provides credit, treasury management, deposit and other products and services to a diverse set of commercial businesses, including not-for profit and government agencies in the local markets. With its newly formed Commercial Banking group, the Nevada team provides expertise across various industries including Food, Beverage & Agribusiness; Investor Real Estate; Government; and Technology throughout its regional presence.

Wells Fargo & Company has been serving the Silver State for more than 150 years. From the early days of transporting mail and gold from the Comstock Lode across Northern Nevada to enabling commerce and hospitality in today’s Las Vegas, the Wells Fargo stagecoach has been an integral part of the legacy of business in Nevada.

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