On March 1, 2006, Wachovia consummated its merger with Westcorp and WFS Financial. Click here for more information.
In 1973, WFS Financial began operations with one dealer in one state. We grew quickly, expanding our territory and making auto loan
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Wachovia was formed by the 2001 merger of First Union Corporation and the former Wachovia Corporation. In connection with the merger, First Union changed its name to Wachovia Corporation.
First Union's modest
The timeline below represents the history of this business until it became a part of the Citigroup family.
On June 16, 1812, with $2 million of capital, City Bank of New York (now Citibank) opened for business in New York City. Through many diffe
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In 1852 Henry Wells and William Fargo founded Wells, Fargo & Co. to serve the West. The new company offered banking (buying gold, and selling paper bank drafts as good as gold) - and express (rapid delivery of the gold and anything else valuable).