Wells Fargo Donates $330,000 to Tornado and Flood Relief Efforts
June 20 2019 - 4:54PM
Business Wire
The recent tornadoes and floods affecting the southern and
central plains have had a devastating effect on multiple states.
Reflecting its commitment to local communities and residents, Wells
Fargo & Company (NYSE: WFC) today announced a donation of
$330,000 to aid in the relief efforts.
The Wells Fargo Foundation will donate $307,500 to the American
Red Cross* for immediate needs including shelter, meals, emotional
support and assistance with rebuilding and recovery plans. An
additional $22,500 will be distributed to local disaster response
funds.
“Our thoughts are with those struggling with the impact of
recent storms,” said Jon Campbell, president of the Wells Fargo
Foundation. “Wells Fargo is committed to helping local communities
recover and thrive.”
In 2019, the company is targeting 2% of after-tax profits for
corporate philanthropy, and today’s donation is part of that
effort. In March, the company donated $235,000 to aid with Midwest
flood relief efforts. In 2018, Wells Fargo donated a total of $444
million to nearly 11,000 nonprofits that help communities and
people in need, surpassing its $400 million goal.
Customers who wish to donate to the American Red Cross for
relief efforts may do so by making electronic donations through
Zelle®. To donate funds, go to the Wells Fargo mobile
banking application, select “Send Money with Zelle®.” Enter
“American Red Cross” as the recipient and type the e-mail address,
donations@redcross.org in the contact field. For more information,
go to https://www.wellsfargo.com/zelledonation.
Customers who are experiencing hardship due to the storms can
contact Wells Fargo Customer Support at the number on their credit
cards, debit cards or statements to discuss their options. Affected
customers can also contact their banker by visiting their nearest
Wells Fargo branch.
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 7,700 locations, more than 13,000
ATMs, the internet (wellsfargo.com) and mobile banking, and has
offices in 33 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. 29 on
Fortune’s 2019 rankings of America’s largest corporations. News,
insights and perspectives from Wells Fargo are also available at
Wells Fargo Stories.
* 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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version on businesswire.com: https://www.businesswire.com/news/home/20190620005723/en/
Ann Wasik 763-251-0549 ann.wasik@wellsfargo.com @AnnWasikWF
or
Jennifer Dunn
202-303-2966 jennifer.g.dunn@wellsfargo.com
@JenniferDunnWF
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