October 27, 2026 at 11:00 AM Eastern

B of A Names Wendy Franco Las Vegas President

Key points

  • Wendy Franco has been named president of Bank of America Las Vegas.
  • Franco succeeds Al Welch, who retired from B of A after 37 years.
  • Franco will lead Bank of America’s local market strategy and collaboration across Bank of America’s eight lines of business.
  • A Business Banking market executive with more than 20 years of financial services experience, Franco brings extensive banking and local leadership experience to the role.

Key points

  • Wendy Franco has been named president of Bank of America Las Vegas.
  • Franco succeeds Al Welch, who retired from B of A after 37 years.
  • Franco will lead Bank of America’s local market strategy and collaboration across Bank of America’s eight lines of business.
  • A Business Banking market executive with more than 20 years of financial services experience, Franco brings extensive banking and local leadership experience to the role.
Wendy Franco headshot

LAS VEGAS, Nevada — Bank of America today announced that Wendy Franco has been named president of its Las Vegas market. Franco succeeds Al Welch, who led the market for 10 years and recently retired from the company after 37 years.

As president and head of the market, Franco will connect clients, teammates and communities to the full power of the franchise and drive collaboration across the company’s eight lines of business. She’ll lead Bank of America’s efforts to grow market share by building strong local connections and identifying opportunities to deepen and expand client relationships.

“Wendy’s broad banking experience, strong client focus and deep commitment to the community make her the right leader for Las Vegas,” said Brian Moynihan, chair and chief executive officer of Bank of America. “Her leadership will help us build on the momentum underway in Las Vegas to grow market share and deepen the connections we have with clients, teammates and community partners. We thank Al for his remarkable 37 years of service with the company.”

In addition to her role as president, Franco serves as Business Banking market executive. She leads a team of relationship managers focused on delivering insights and strategic financial solutions to help companies improve cash flow, invest for the future and grow.

Franco brings more than 20 years of financial services experience and has served in a variety of frontline and leadership roles, including starting her career as teller and growing into roles including personal banker, financial center manager, small business banker and small business consultant manager. She has been actively engaged in the local leadership team.

A Northern Nevada native, Franco serves on the board of directors for Future Smiles, a nonprofit that provides dental care to students at local Title one schools. She also is executive sponsor for the bank’s Hispanic/Latino Organization for Leadership & Advancement (HOLA) employee network in Las Vegas.

Franco earned a bachelor’s degree from the University of Nevada, Reno. She is currently enrolled in the Pacific Coast Banking School, a graduate-level banking leadership program.

Market facts: Bank of America Las Vegas

  • Bank of America operates 39 financial centers and 209 A T Ms in the Las Vegas market and currently has nearly 1,400 employees serving clients and communities across the market.
  • Through the second quarter of 2026, Bank of America provided three hundred seventy eight million dollars in home loans in the Las Vegas market.
  • The company has extended one point three billion dollars in loans to commercial businesses and three hundred thirteen million dollars in loans to small businesses in the market.
  • Bank of America provided eight point five million dollars in grants and matching gifts, while employees contributed 86,000 volunteer hours since 2020.

Market facts: Bank of America Las Vegas

  • Bank of America operates 39 financial centers and 209 A T Ms in the Las Vegas market and currently has nearly 1,400 employees serving clients and communities across the market.
  • Through the second quarter of 2026, Bank of America provided three hundred seventy eight million dollars in home loans in the Las Vegas market.
  • The company has extended one point three billion dollars in loans to commercial businesses and three hundred thirteen million dollars in loans to small businesses in the market.
  • Bank of America provided eight point five million dollars in grants and matching gifts, while employees contributed 86,000 volunteer hours since 2020.

Bank of America

Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving more than 69 million clients with approximately 3,500 retail financial centers, approximately 15,000 A T Ms (automated teller machines) and award-winning digital banking with approximately 60 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. As the #1 small business lender in the United States (F D I C), Bank of America offers industry-leading support to approximately 4 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and more than 35 countries and/or jurisdictions. Bank of America Corporation stock (N Y S E: B A C) is listed on the New York Stock Exchange.

Reporters may contact

Jumana Bauwens, Bank of America
Phone: one eight one eight five seven seven two zero zero five
jumana.bauwens@bofa.com

October 27, 2026 at 11:00 AM Eastern

B of A Names Wendy Franco Las Vegas President

Key points

  • Wendy Franco has been named president of Bank of America Las Vegas.
  • Franco succeeds Al Welch, who retired from B of A after 37 years.
  • Franco will lead Bank of America’s local market strategy and collaboration across Bank of America’s eight lines of business.
  • A Business Banking market executive with more than 20 years of financial services experience, Franco brings extensive banking and local leadership experience to the role.

Key points

  • Wendy Franco has been named president of Bank of America Las Vegas.
  • Franco succeeds Al Welch, who retired from B of A after 37 years.
  • Franco will lead Bank of America’s local market strategy and collaboration across Bank of America’s eight lines of business.
  • A Business Banking market executive with more than 20 years of financial services experience, Franco brings extensive banking and local leadership experience to the role.
Wendy Franco headshot

LAS VEGAS, Nevada — Bank of America today announced that Wendy Franco has been named president of its Las Vegas market. Franco succeeds Al Welch, who led the market for 10 years and recently retired from the company after 37 years.

As president and head of the market, Franco will connect clients, teammates and communities to the full power of the franchise and drive collaboration across the company’s eight lines of business. She’ll lead Bank of America’s efforts to grow market share by building strong local connections and identifying opportunities to deepen and expand client relationships.

“Wendy’s broad banking experience, strong client focus and deep commitment to the community make her the right leader for Las Vegas,” said Brian Moynihan, chair and chief executive officer of Bank of America. “Her leadership will help us build on the momentum underway in Las Vegas to grow market share and deepen the connections we have with clients, teammates and community partners. We thank Al for his remarkable 37 years of service with the company.”

In addition to her role as president, Franco serves as Business Banking market executive. She leads a team of relationship managers focused on delivering insights and strategic financial solutions to help companies improve cash flow, invest for the future and grow.

Franco brings more than 20 years of financial services experience and has served in a variety of frontline and leadership roles, including starting her career as teller and growing into roles including personal banker, financial center manager, small business banker and small business consultant manager. She has been actively engaged in the local leadership team.

A Northern Nevada native, Franco serves on the board of directors for Future Smiles, a nonprofit that provides dental care to students at local Title one schools. She also is executive sponsor for the bank’s Hispanic/Latino Organization for Leadership & Advancement (HOLA) employee network in Las Vegas.

Franco earned a bachelor’s degree from the University of Nevada, Reno. She is currently enrolled in the Pacific Coast Banking School, a graduate-level banking leadership program.

Market facts: Bank of America Las Vegas

  • Bank of America operates 39 financial centers and 209 A T Ms in the Las Vegas market and currently has nearly 1,400 employees serving clients and communities across the market.
  • Through the second quarter of 2026, Bank of America provided three hundred seventy eight million dollars in home loans in the Las Vegas market.
  • The company has extended one point three billion dollars in loans to commercial businesses and three hundred thirteen million dollars in loans to small businesses in the market.
  • Bank of America provided eight point five million dollars in grants and matching gifts, while employees contributed 86,000 volunteer hours since 2020.

Market facts: Bank of America Las Vegas

  • Bank of America operates 39 financial centers and 209 A T Ms in the Las Vegas market and currently has nearly 1,400 employees serving clients and communities across the market.
  • Through the second quarter of 2026, Bank of America provided three hundred seventy eight million dollars in home loans in the Las Vegas market.
  • The company has extended one point three billion dollars in loans to commercial businesses and three hundred thirteen million dollars in loans to small businesses in the market.
  • Bank of America provided eight point five million dollars in grants and matching gifts, while employees contributed 86,000 volunteer hours since 2020.

Bank of America

Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving more than 69 million clients with approximately 3,500 retail financial centers, approximately 15,000 A T Ms (automated teller machines) and award-winning digital banking with approximately 60 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. As the #1 small business lender in the United States (F D I C), Bank of America offers industry-leading support to approximately 4 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and more than 35 countries and/or jurisdictions. Bank of America Corporation stock (N Y S E: B A C) is listed on the New York Stock Exchange.

Reporters may contact

Jumana Bauwens, Bank of America
Phone: one eight one eight five seven seven two zero zero five
jumana.bauwens@bofa.com

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