SOURCE: Wells FargoDESCRIPTION:
The perseverance of communities continues to be a shining light during these trying times, and Wells Fargo is celebrating the optimism and determination of our community anchors. From local food banks stepping up to meet the steep increase of people seeking assistance, to small businesses adapting to rapidly changing environments, to military service members and front-line workers committed to keeping our communities safe, Wells Fargo salutes those working together to support each other year-round, and especially during the holidays.
“For many, this will be a challenging holiday season, and at Wells Fargo, we’re working to make the holidays a bit brighter,” said Wells Fargo CEO Charlie Scharf. “From providing food for people in need, to supporting Main Street businesses, to reuniting military service members with their families, the holidays are about hope, gratitude, and family. We recognize that giving is not just needed one month out of the year — it’s something we’re committed to year-round — and we’re heartened by the resilience and strength of the communities in which we live and operate.”
This holiday season, Wells Fargo has announced that it will:
- Extend its relationship with Feeding America® member food banks to help combat the sharp rise in food insecurity and ensure families have holiday meals on the table. By year end, Wells Fargo will have helped provide 82 million meals* to families in need in 2020. Wells Fargo will also contribute $250,000 to nonprofits feeding families in need in countries across the company’s global footprint.
- Raise up to $1 million** for the American Red Cross by encouraging everyone to shower front-line workers and military personnel with gratitude. For each digital holiday note of thanks with the hashtag #WFGivesThanks, Wells Fargo will donate $5. Wells Fargo will also bring joy to military families by helping them reunite for the holidays.
- Help small businesses hardest hit this year by deploying approximately $50 million of the Wells Fargo Open For Business Fund to nonprofits that help them to stay open, and use social media and other marketing platforms to encourage people to “shop local” and shine a light on these vital businesses.
KEYWORDS: Wells Fargo, Feeding America, American Red Cross, small business, Open For Business Fund