Press Releases

In this position, Alexander will be responsible for providing loans, technical assistance and services to individuals and organizations that create affordable housing and job opportunities benefiting low-to-moderate income neighborhoods and families. Wachovia CDC seeks opportunities with nonprofit and for-profit developers and small businesses involved in revitalizing communities.

"Lee Alexander’s extensive experience and topnotch skills fit perfectly with Wachovia’s expectations in the community development arena," said J. Kenneth Coppedge, president of Florida Banking for Wachovia Bank, N.A. "The bank continues to expand its statewide capabilities as a part of its overall growth strategy to provide innovative, creative and flexible solutions in all lines of business."

Alexander recently relocated to Florida from Baltimore, Md., where he served as a multi-family senior loan officer for the Baltimore Community Development Financing Corporation. He is a graduate of Mississippi State University and received a master’s degree in public policy and management from Carnegie Mellon University. He also holds a master’s certificate in real estate development from Johns Hopkins University.

Wachovia Bank, N.A. is the principal subsidiary of Wachovia Corporation, an interstate financial holding company with assets of $70.8 billion as of June 30, 2000. Wachovia Bank has nearly 700 offices and 1,400 ATMs in Florida, Georgia, North Carolina, South Carolina and Virginia. In Florida, Wachovia has five corporate offices and 33 branches in Brevard, Broward, Hillsborough, Martin and Palm Beach counties.