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Wachovia Banks

Q:  What is Wachovia Bank?
A:  Wachovia Banks, based out of Charlotte, NC, is the fourth largest bank in the United States serving 21 states on the east coast. 

Q:  When were Wachovia Banks founded?
A:  The first signs of Wachovia Banks emerged in North Carolina in 1879 as Wachovia National Bank.  Wachovia Loan and Trust open a few years later and the two merged into what is now considered Wachovia Corporation in 1908.

Q:  How has Wachovia Banks grown in the last 10 years?
A:  The Wachovia Corporation was officially given its title with the 2001 merger of Wachovia Banks and First Union, which first started in North Carolina in 1781.  The merger changed First Unions name to Wachovia.  Since then, Wachovia has acquired such banking and financial powerhouses like Prudential Securities, Metropolitan West Securities, SouthTrust, WestCorp, and Golden West Financial.

Q:  What financial services do Wachovia banks provide?
A:  Besides personal banking services, Wachovia banks offers other financial options such as investment banking products and services, mortgage lending and auto finance options. 

Q:  How many existing customers do Wachovia banks have?
A:  Wachovia banks boast a customer portfolio of over thirteen million.  This includes regular households and businesses.

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