Funding to benefit communities across the region with support for temporary shelter, supplies and other recovery needs
SAN FRANCISCO--(BUSINESS WIRE)--Oct. 1, 2024--
As communities across the Southeast grapple with the devastation caused by Hurricane Helene, Wells Fargo is donating more than $1 million for urgent needs such as shelter, supplies, and other ongoing support for residents impacted by the storm. Funding will go to the American Red Cross and local nonprofits like Volunteer Florida through the Florida Disaster Fund to strengthen their capacity to reach those impacted or displaced.
“With the widespread destruction brought by Hurricane Helene, we need to come together to help communities recover,” said Darlene Goins, president of the Wells Fargo Foundation. “Our donation aims to replenish resources for relief organizations already mobilized on the ground as they serve families, individuals, and small businesses during this emotional time. We know the impacts for many are still unfolding, making the aftermath a very dynamic situation. We plan to monitor the hardest hit areas to see how the bank can support longer-term efforts.”
In addition to the roughly $1 million donation to help address this natural disaster, Wells Fargo is an annual contributor to Team Rubicon’s Ready Reserve Fund, which enables its volunteers to immediately respond to communities impacted by disasters, beginning with route clearance and debris removal from roads so first responders and aid workers can better access impacted communities. Team Rubicon is a veteran-led humanitarian organization that supports before, during, and after natural disasters and other crises. Team Rubicon is currently active across Hurricane Helene’s path and is prepared to support with roof tarping, mucking out flooded homes and debris clean-up based on needs assessments.
Employee care
Wells Fargo also is supporting employees through its We Care Fund, a special program that provides financial grants to employees for unforeseen expenses caused by a disaster situation or a financial hardship resulting from circumstances beyond their control.
Customer support
Wells Fargo strives to assist customers and clients affected by natural disasters. Customers who want to discuss their financial needs should call 1-800-219-9739. For support related to commercial accounts, customers can contact their relationship manager or client service officer directly, or call Global Treasury Management Service at 1-800-AT-WELLS (1-800-289-3557).
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets. 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 & Investment Management. Wells Fargo ranked No. 34 on Fortune’s 2024 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 or
LinkedIn: https://www.linkedin.com/company/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.
News Release Category: WF-DAR
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Media
Kim Erlichson
kim.erlichson@wellsfargo.com
Source: Wells Fargo & Company
