Posted: May 13, 1999
California State University, Sacramento's College of Business Administration has named James R. Wallace, senior vice president of the Business Banking Group for Wells Fargo Bank, its 1999 Alumnus of the Year.
Wallace, who graduated from CSUS in 1965 with a degree in finance, was recognized for his distinguished 30-year career in banking and his active support of the College and its Center for Small Business.
Wallace is responsible for the Northwest Division for Wells Fargo's Business Banking Group. He manages a sales force covering Washington, Oregon, Colorado and the California Central Valley. He is noted for having an impact on expanding weekday banking hours throughout the California banking industry, which eventually led to longer lobby banking hours on Saturdays.
In 1995, Wallace initiated a campaign to obtain private support to keep the University's Center for Small Business operating when federal budget cuts threatened its survival. Since that time, financial backing by Wells Fargo and other financial institutions in the Capital Region has allowed the Center to continue serving small businesses and providing college students with practical work experience.
Wallace served in the U.S. Infantry in Vietnam and is active in the community. He has served as a board member of the Sacramento Chamber of Commerce, president of the Yolo County United Way, and treasurer of the Woodland Chamber of Commerce.
More information is available by contacting the College of Business Administration at 278-6578 or the CSUS public affairs office at 278-6156.
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