At-A-Glance | 3rd Quarter 2005 |
| Nationwide leader in auto finance -10th largest auto finance lender | ||
| 32-year record of success through all economic cycles and a strong credit history | ||
| Ranked No. 1 non-captive sub-prime auto finance company in customer service by JD Power for the last five years in a row |
| Committed to dealer finance business since 1945 | ||
| State-of-the-art, centralized operating platform | ||
| Top 10 bank-owned auto finance provider in the U.S. | ||
| Serving dealer customers in 15 states |
| Ninth-largest auto loan originator; second-largest non-captive auto finance provider | ||
| 57 offices serving 47 states (excluding La., Ark. and Alaska) | ||
| Relationships with 11,000 dealers and 1.2 million retail customers | ||
| 267 sales managers and representatives |
Wachovia | ||||||||||||
Dealer Financial | Combined | |||||||||||
Services | WFS Financial | Organization | ||||||||||
Headquarters
|
Winston-Salem, N.C. | Irvine, Calif. | Irvine, Calif. | |||||||||
Employees
|
270 | 2,210 | 2,670 | |||||||||
Retail Customers
|
300,000 | 941,000 | 1.24 MM | |||||||||
Dealer Customers
|
3,000 | 8,700 | 11,000 estimated non-overlap dealers |
|||||||||
Loans
|
$8.7 billion | $12.7 billion | $21.4 billion | |||||||||
Sales Offices/Teams
|
11 | 43 | 54 | |||||||||
Deposits
|
$500 million | $0* *Not including Western Financial Bank Deposits |
$500 million |