SAN FRANCISCO, Calif. – Wells Fargo & Company announced Thursday that it is committing $35 million over the next three years as part of its ongoing commitment to supporting military service members and veterans.
The commitment includes real estate-owned property donations to qualifying nonprofit organizations that serve military service members and veterans, hiring and mentoring initiatives, customized financial education efforts and funds for philanthropic donations and sponsorships.
Additionally, Nov. 14-30, Wells Fargo is providing its customers an opportunity to make donations through the company’s over 12,000 ATMs in support of military service members and veterans. Customers will not be charged any fees for using the service and 100 percent of the donations will go to the USO, the National Military Family Association and Homes for Our Troops.
“With this commitment, it is Wells Fargo’s goal to have a role in our nation’s efforts to support military service members, veterans and their families,” said Jon Campbell, head of Wells Fargo Community and Government Relations. “Our mission of helping our customers succeed financially holds especially true for the men and women who serve our country through the military.”
Wells Fargo has a long history with this country’s armed forces. During the Civil War 150 years ago, all 140 Wells Fargo branches collected donations for soldiers’ relief.
The $35 million financial commitment is consistent with the three areas of support that Wells Fargo announced in September 2012 as its primary focus for supporting military service members and veterans: Helping active duty military service members and veterans achieve homeownership, helping veterans transition to civilian careers and providing customized financial education.
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Submitted by: Lisa Westermann, Wells Fargo