Continuing its steady growth of Commercial Banking in the East over the last decade, Wells Fargo announced it will open its newest middle market office in Paramus, New Jersey – part of Bergen County – during the first quarter of 2016.

Rick DeBel, a 32-year New Jersey financial services veteran who joined Wells Fargo in 2015 as a regional vice president, will lead the Regional Commercial Banking Office at 461 From Road. His team, including relationship managers John Prol and Stacey Hamilton, will serve middle market companies in northeast New Jersey with more than $20 million in annual revenues. DeBel expects to add staff in 2016. DeBel is vice chair of the board of trustees of Tri-County Scholarship Fund and has served as vice chair of the board of trustees of the Christian Health Care Center. He also is co-chair of both the Christian Health Care Center Golf Classic and the Tri-County Scholarship Fund Golf Invitational.