Wells Fargo Donates $500,000 for Winter Storm Relief in Texas
February 24 2021 - 2:51PM
Business Wire
Funding to help with access to food and water, home repairs in
hard-hit communities; customer support also available
The devastating effects of several winter storms have left
millions of Texans dealing with costly home damages and limited
access to food and water. To help aid in relief efforts, the Wells
Fargo Foundation is donating $500,000 to help individuals and
families recover, including $50,000 to the American Red Cross
Disaster Relief and $100,000 to Feeding Texas, a network of 21 food
banks in the state. The remaining $350,000 will go to local
nonprofits focused on repairing homes, particularly in low- and
moderate-income communities, and community resiliency.
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Wells Fargo is donating $500,000 to
winter storm relief efforts and an inclusive recovery in Texas.
(Photo: Wells Fargo)
“The recent winter storms caused a wide path of destruction and
emotional distress, and we want our customers, employees and
communities we serve across the state to know we are here for
them,” said Nate Hurst, president of the Wells Fargo Foundation.
“We hope our donation helps local nonprofits expand their work and
facilitate an equitable recovery from the severe weather.
Importantly, we also wanted some of our funding to help build
resiliency for the future so communities can better withstand the
impacts of climate change.”
Customer support
Wells Fargo is committed to providing support to customers,
clients and employees affected by these storms, including
suppressing, waiving, or reversing certain fees, such as late fees.
Payment assistance and disaster relief options require that
customers contact us. Customers who want to discuss their financial
needs should call 800-219-9739. For up-to-date information on
branch status, customers can visit our branch locator website.
Additionally, customers may make donations to the American Red
Cross* via Wells Fargo Online® and with Zelle®** in the Wells Fargo
Mobile® app. Donations will go towards Red Cross Disaster Relief to
support disasters big and small, and countless other crises.
Employee care
Wells Fargo is also supporting employees through its We Care
Fund, a special program that provides financial grants to employees
to cover unforeseen expenses caused by a disaster situation or a
financial hardship that is beyond their control.
About Wells Fargo
Wells Fargo & Company is a leading financial services
company that has approximately $1.9 trillion in assets and proudly
serves one in three U.S. households and more than 10% of all middle
market companies in the U.S. We provide a diversified set of
banking, investment and mortgage products and services, as well as
consumer and commercial finance, through our four reportable
operating segments: Consumer Banking and Lending; Commercial
Banking; Corporate and Investment Banking; and Wealth and
Investment Management. Wells Fargo ranked No. 30 on Fortune’s 2020
rankings of America’s largest corporations. In the communities we
serve, the company focuses its social impact on building a
sustainable, inclusive future for all by supporting housing
affordability, small business growth, financial health and a
low-carbon economy. News, insights and perspectives from Wells
Fargo are also available at Wells Fargo Stories.
Additional information may be found at www.wellsfargo.com |
Twitter: @WellsFargo.
*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.
**Zelle may be used to send direct donations only to American
Red Cross Disaster Relief. Donations to other charitable
organizations are not available at this time. Zelle, Wells Fargo,
and the American Red Cross are not liable for any failure, through
no fault of theirs, to complete your transaction in the correct
amount, or for any related losses.
Zelle and the Zelle related marks are wholly owned by Early
Warning Services, LLC and are used herein under license.
News Release Category: WF-DAR
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version on businesswire.com: https://www.businesswire.com/news/home/20210224005985/en/
Camille Brewer, 713-319-1772 Camille.Brewer@wellsfargo.com
Tymika Morrison, 713.319.1752 Tymika.Morrison@wellsfargo.com
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