Building Together

Whether it's the Georgia Dome , Turner Field  or the Atlanta Federal Reserve , David Moody's construction company has left its mark on some of Atlanta's most signature structures.

For the last 21 years, Wachovia has been the financial crane of C.D. Moody Construction Co.  When you think about it, that's exactly what we're doing with the Wells Fargo-Wachovia merger: Combining the strengths of Wells Fargo and Wachovia as one company to meet financial needs and build dreams.

While the conversion in Georgia is still a ways off, Moody already is excited about the benefits. "My parents are retired and living in Las Vegas so Wells Fargo's locations in Nevada are going to make it easier for me to manage their finances from here in Atlanta," he says. "And Wells Fargo Home Mortgage is currently helping them refinance their home."

From Chicago's South Side , Moody grew up watching students of the city's technical colleges carrying drafting boards and T-squares  to class. Curious, the 9-year-old asked what they were studying and learned they were would-be architects. Moody began constructing buildings of his own out of Legos and later wound up earning his own architectural degree.

With Wachovia's help, Moody launched his company in 1988 with a dream to change lives and the community. Today C.D. Moody Construction has 63 employees, annual revenues of $70 million, operations across the Southeast, and a foundation active in the arts, athletics, health care and education.

Wachovia recently helped Moody renovate and expand the company's headquarters in Lithonia, Georgia , just outside Atlanta, and — as part of its national commitment to lending in one of the nation's worst economic cycles — renewed his line of credit and preserved the company's access to capital as the market and construction industry remain under distress.

Moody knows Wachovia's merger with Wells Fargo made that happen and means an even brighter future for his company. And he credits Nakia Towns, the Wachovia Business Banker who he considers a true business partner and friend, for much of that success.

"As an African American business owner, what I look for in a partner is help getting to the next level — sharing all the knowledge you have in financing and banking that help me as a client," he states. "The big things for me are respect, access to capital, knowledge and exposure, and Nakia provides them all. That's why I recommend Wachovia and will recommend Wells Fargo to other local businesses.

"It's the spirit of the people who work here, the information they're willing to give you to make your business better and the company's diversity. In a very real sense, we're both builders. We're building together."