Wells Fargo announced that Kate Phelps has been named Washington market president and business banking relationship manager. Additionally, the company announced Allison Hollowell has joined its local business banking team as a business associate. Phelps and Hollowell will be based in Washington.
“Kate and Allison will be assets to our team and our clients as we continue to develop relationships with business banking clients in Washington,” said Mark Forbes, Business Banking Manager for Wells Fargo. “They are seasoned bankers who are familiar with the area and will support the business community’s growth as the economy continues to improve.”
Phelps joins Wells Fargo from PNC Bank in Greenville where she served as a business banker since 2006. Prior to that, Phelps held a number of senior positions with PNC and it’s predecessor banks. She has more than 15 years of experience in financial services. She is a native of New Bern and a graduate of Vanderbilt University. An active member in the community, Phelps is president of the  Chocowinity Primary School PTO. She is also on the board of directors for the Center for Family Violence Prevention.
Hollowell joins Wells Fargo as a business banking associate from PNC Bank, where she served as a commercial markets client relationship representative in Greenville. Prior to that, Hollowell served as a commercial and business banking sales associate in Greenville. A native of Murfreesboro, Hollowell graduated from East Carolina University.