Funding to support immediate and longer-term community needs

SAN FRANCISCO – The Wells Fargo Foundation is donating $1 million toward the tragic flooding in Texas for immediate relief and longer-term recovery efforts. The funding will support the Community Foundation of the Texas Hill Country (Kerr County Relief Fund), Texas Search and Rescue (TEXSAR), Austin Disaster Relief Network, and LiftFund. The company’s philanthropic support of Team Rubicon and the American Red Cross is also aiding this disaster response.

“Amidst the devastation, we hope local communities, our employees and customers know they are not alone as they face the days and months ahead,” said Darlene Goins, head of Philanthropy and Community Impact at Wells Fargo. “Our top concern is caring for the communities we serve and for our employees and customers. Recovery will take all of us working together to build back the homes, small businesses and gathering places in these treasured Texas communities.”

The funding will benefit search and recovery efforts, immediate shelter, and basic supplies and support services for those in the flood areas.

Beyond initial needs, Wells Fargo recognizes that small businesses are the heartbeat of a community. A portion of the donation is going to LiftFund, a nonprofit community lender, so impacted small business owners can access capital and assistance. LiftFund, a longtime collaborator with Wells Fargo, has expertise in working with entrepreneurs to build resiliency and grow business plans for the future.

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 Payments and Liquidity services 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. News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories.

Additional information may be found at www.wellsfargo.com

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.

Contact Information

Media
Kim Erlichson
[email protected]

SOURCE Wells Fargo