SKIP TO SITE NAVIGATION | SWITCH TO GRAPHICAL VERSION

Press Releases

Media Contact: Elizabeth Hodges
(704) 383-5188

Investor Contact: Alice Lehman
(704) 374-4139

September 08, 2003
Wachovia Corporate and Institutional Trust Announces Key Hires in Delaware

Wilmington, Del. - Wachovia Corporate Trust, a part of the Corporate and Institutional Trust group, announced today it has expanded its office with two key hires, expanding its commitment to localized customer service in the Delaware area.

"Delaware is an extremely important market for Wachovia, and we are excited to have the right team in place to lead the industry in focusing on the customer," said Mary McCracken, Wachovia's Delaware state manager. "We are in an ideal position to grow this business, and I'm excited about the potential this group holds."

McCracken will lead the expanded team, which includes new members:

Steven Finklea, vice president, Wachovia Delaware Bond Administration. Finklea, who has more than 16 years of corporate-trust experience, joined Wachovia from National City Bank, where he was vice president and Illinois state manager. Finklea received his B.A. from Seton Hall University and is a graduate of the American Institute of Banking, the Cannon Financial Institute and the American Bankers Association's Business of Banking School.
Nicole Poole, assistant vice president, Wachovia Delaware Bond Administration. Poole joined Wachovia from U.S. Bank, where she was an assistant vice president. She has a B.A. from Hartwick College.

Wachovia Corporate and Institutional Trust offers retirement services, custodial services and investment management, conventional and structured finance trust solutions, equity services, information management and claims processing, and Investment Holding Company (IHC) services to institutional clients worldwide. Based in Charlotte, N.C., Wachovia Corporate and Institutional Trust has 37 locations in 17 states plus the District of Columbia.

Wachovia Corporation (NYSE:WB) is one of the largest providers of financial services to retail, brokerage and corporate customers throughout the East Coast and the nation, with assets of $364 billion and stockholders' equity of $32 billion at June 30, 2003. Its four core businesses, the General Bank, Capital Management, Wealth Management and the Corporate and Investment Bank, serve 9 million households, including 900,000 businesses, primarily in 11 East Coast states and Washington, D.C. Its broker-dealer, currently operating under the names Wachovia Securities, LLC, and Prudential Securities Division of Wachovia Securities, LLC, serves clients through 700 offices in 48 states. Global services are provided through more than 30 international offices. Online banking and brokerage products and services also are available through wachovia.com.