Wells Fargo Donates $250,000 to Earthquake Relief Efforts in Alaska
December 07 2018 - 6:25PM
Business Wire
Eagle River branch remains closed for repairs
Reflecting its 102-year commitment to Alaska communities and
residents, Wells Fargo & Company (NYSE: WFC) today announced a
donation of $250,000 to aid in the recovery and relief efforts
resulting from the devastating earthquake and the more than 2,000
aftershocks that have impacted the state.
“All of us at Wells Fargo are incredibly thankful for the first
responders, government agencies, and nonprofit organizations like
the Red Cross and Salvation Army that are working hard to help
Alaskans recover and rebuild following the earthquake. We are also
very grateful that no Alaskans perished during the earthquake,”
said Greg Deal, Wells Fargo Alaska region bank president. “It is
amazing to witness the resolve and compassion of Alaskans to help
our neighbors in need. As a bank committed to the long-term
well-being of Alaskans, Wells Fargo is honored to support the
relief and recovery efforts in the days, weeks and months to
come.”
The donation will be distributed to multiple organizations in
Alaska that are positioned to help with recovery:
- Alaska Community Foundation (community
disaster fund) - $185,000 to address long-term recovery
- American Red Cross of Alaska* - $30,000
for immediate needs
- The Salvation Army Alaska Division -
$30,000 for immediate needs
- Foraker Group - $5,000 to create needs
portal for Alaska Community Foundation
“We are thrilled Wells Fargo has stepped up to help seed this
important fund,” said Nina Kemppel, Alaska Community Foundation
president and CEO. “The Alaska Disaster Recovery Fund is supported
by a coalition of funders, and nonprofit service providers. This
generous donation allows the coalition to provide immediate
emergency response and maintain long-term assistance to communities
and nonprofits damaged by the earthquake.”
Alaskans can visit Alaskacf.org to donate or learn more about
the Alaska Disaster Recovery Fund.
Customers who are experiencing hardship due to the earthquake
can contact Wells Fargo Customer Support at the number on their
credit card, debit card or statement to discuss their options.
Affected customers can also contact their banker by visiting their
nearest Wells Fargo branch.
All Wells Fargo branches in Alaska have reopened with the
exception of the Eagle River branch, which sustained significant
structural damage. Customers in Eagle River will be notified when
the branch is expected to reopen. The nearest Wells Fargo branches
are in East Anchorage, approximately 12 miles away. The Frontier
branch is located at 7731 East Northern Lights Blvd., and the
full-service Russian Jack branch is located at 5740 DeBarr
Road.
Wells Fargo and its 700 Alaska team members serve customers from
44 branches and operate 117 ATMs across the state. In 2017, Wells
Fargo invested $1.3 million in hundreds of Alaska nonprofits and
schools and its Alaska team members logged 13,000 volunteer
hours.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified,
community-based financial services company with $1.9 trillion in
assets. Wells Fargo’s vision is to satisfy our customers’ financial
needs and help them succeed financially. Founded in 1852 and
headquartered in San Francisco, Wells Fargo provides banking,
investment and mortgage products and services, as well as consumer
and commercial finance, through 7,950 locations, 13,000 ATMs, the
internet (wellsfargo.com) and mobile banking, and has offices in 37
countries and territories to support customers who conduct business
in the global economy. With approximately 262,000 team members,
Wells Fargo serves one in three households in the United States.
Wells Fargo & Company was ranked No. 26 on Fortune’s 2018
rankings of America’s largest corporations. News, insights and
perspectives from Wells Fargo are also available at Wells Fargo
Stories.
About the Alaska Community Foundation
Established in 1995, The Alaska Community Foundation (ACF)
inspires the spirit of giving and connects people, organizations,
and causes to strengthen Alaska’s communities now and forever.
Managing more than $90 million in assets and over 490 funds for the
benefit of Alaskans, ACF and its Affiliates grant $4 million to $6
million each year to charitable projects and organizations across
Alaska. In the past 23 years, ACF and its Affiliates have
awarded more than 65 million in grants. ACF also manages
the Pick.Click.Give. program. For more information,
visit www.alaskacf.org or call 907-334-6700.
* The American Red Cross name, emblem and copyrighted materials
are being used with its permission, which in no way constitutes an
endorsement, express or implied, of any product, service, company,
opinion or political position. The American Red Cross logo is a
registered trademark owned by The American National Red Cross. For
more information about the American Red Cross, please visit
redcross.org.
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MediaDavid Kennedy,
907-830-3139kenneddj@wellsfargo.com@DavidJKennedyWF
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