An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, Email Us to receive support.
Wells Fargo Donates $350,000 to Hurricane Ida Relief Efforts
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Negative)
Tags
Rhea-AI Summary
Wells Fargo (NYSE: WFC) announced a $350,000 donation to support Hurricane Ida relief efforts across Southeast and Northeast U.S. The donation includes $100,000 to the American Red Cross for immediate assistance and $250,000 to local organizations for long-term recovery. The bank is also offering customer support options, such as fee waivers for affected clients. Nate Hurst, president of Wells Fargo Foundation, emphasized the importance of community resilience in these challenging times.
Positive
Donation of $350,000 for Hurricane Ida relief efforts.
$100,000 allocated to the American Red Cross for immediate assistance.
$250,000 to support local organizations for long-term recovery.
Support for customers through fee waivers and assistance options.
Negative
None.
Support for American Red Cross and local nonprofits will provide shelter, other immediate assistance needs; customer support available
SAN FRANCISCO--(BUSINESS WIRE)--
As people grapple with the impact of Hurricane Ida and its destruction, Wells Fargo is donating $350,000 from the Wells Fargo Foundation to support relief efforts across the Southeast and Northeast in communities that fell into Hurricane Ida’s path.
A $100,000 donation is being made to the American Red Cross,* which is helping to provide shelter, food, water, relief supplies and other assistance in the aftermath of the storm. The remaining $250,000 will be donated to local organizations to help communities with short and longer-term needs such as clean up, repairs and rebuilding.
“We will be here for local communities as we band together to stay resilient in the wake of Hurricane Ida,” said Nate Hurst, president of the Wells Fargo Foundation. “Right now, there is a need to step up for hard-hit communities, and we hope this funding helps care for those individuals and families going through difficult times caused by the storm.”
“Thanks to Wells Fargo’s generous support, the Red Cross, alongside its partners, is able to shelter and support thousands of families impacted by Hurricane Ida,” said Don Herring, chief development officer at the American Red Cross. “We are proud to count on partners like Wells Fargo as we work together to provide much-needed comfort and care to help people in need.”
Customer support
Wells Fargo is committed to providing support to customers, clients and employees affected by the hurricane, 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.
Wells Fargo customers can donate to the American Red Cross at Wells Fargo ATMs in the following states: Alabama, Arkansas, Connecticut, Delaware, Florida, Georgia, Maryland, Mississippi, North Carolina, New Jersey, New York, Pennsylvania, South Carolina, Tennessee, Texas and Virginia. Customers will not be charged any fees for using the service, and 100% of the donation is sent to the nonprofit. Customers may also make donations through the American Red Cross website at www.redcross.org.
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 prepare for, respond to and help people recover from disasters big and small.
Employee care
Wells Fargo also is 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 (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets, proudly serves one in three U.S. households and more than 10% of small businesses in the U.S., and is the leading middle market banking provider 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 & Investment Management. Wells Fargo ranked No. 37 on Fortune’s 2021 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.