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Well Fargo Bank Relocates-Plans Irving, Texas, Operations

10/13/2022
Wells Fargo Bank, N.A., a leading financial services firm, will establish a new campus in Irving, Texas. The $455 million project is expected to create 650 jobs.

The 22-acre campus, located on the north shore of Las Colinas’ Lake Carolyn, is expected to open in 2025.

Texas has a long history of leadership in financial services, attracting major operations for the world’s largest financial services companies, as well as the most”innovative startups in the field,” noted Governor Greg Abbott. “Already home to the largest workforce in the financial services sector, and as the new frontier for financial technology, data centers, and more, Texas offers opportunities for Fortune 500 operations to grow, and I thank Wells Fargo for their continuing investment in the great state of Texas and the best workforce in America.”

According to Governor Greg Abbott’s Office, as an incentive the Texas Enterprise Fund (TEF) grant of $5,001,100 has been extended.

“Currently, most of our 3,000 employees are located in several offices across the Metroplex," said Tanya Sanders, Wells Fargo Head of Auto. “We are thrilled to have a new state-of-the-art campus where we can bring the majority of our local workforce together for an even better employee experience, which prioritizes wellness and sustainability. We are also very appreciative of the collaboration and enthusiastic response from the City of Irving and State of Texas.”

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