Wells Fargo & Company (NYSE: WFC) is supporting the Philippines typhoon
and flood relief effort with a grant of $250,000 – more than Php 10
million – with $125,000 going to the American Red Cross and $125,000 to
the International Medical Corps. These funds will help with the ongoing
relief efforts and rehabilitation in the affected areas of the
Philippines in the aftermath of Typhoon Haiyan.
“This typhoon has brought unprecedented devastation and loss of life to
the Philippines,” said Tim Hanlon, head of Strategic Philanthropy and
Partnerships for Wells Fargo. “While we are grateful that all of our
team members there are safe and accounted for, our hearts go out to all
those who were impacted by this storm. Our contribution will help get
aid quickly to those who need it.”
Wells Fargo is also temporarily waiving all remittance transfer fees for ExpressSend®
transfers from an eligible checking or savings account to reduce the
cost of sending
money to the Philippines to support friends and family. Customers
can send funds to their family or friends in the Philippines at a number
of remittance network members – including Bank of the Philippine
Islands, BDO Unibank, Metrobank, M. Lhuillier and Cebuana Lhuillier – by
calling Wells Fargo Global Remittance Services at 1-800-556-0605, going
online at wellsfargo.com, or visiting a Wells Fargo banking store. The
first remittance for a service agreement must be completed in person at
a store. The fee waiver is effective November 13 through November 30,
2013.
“Our thoughts and prayers are with the families and communities that
have been devastated by this storm,” said Daniel Ayala, head of Wells
Fargo's Global Remittance Services Group. “As these communities begin
the long, difficult process of recovery, we’re working closely with our
remittance network members in the Philippines to make sure our customers
and team members are able to support their families and friends.”
From now through December 11, 2013, Wells Fargo customers can donate to
the American Red Cross Disaster Relief Fund at more than 12,000 Wells
Fargo ATMs across the U.S. (with the exception of Kansas, Missouri,
and Washington, D.C., due to local restrictions). Customers will not be
charged a fee for using this service and 100 percent of the donations
will be sent to the American Red Cross.
“Wells Fargo is committed to helping the community recover,” said Aveek
Mukherjee, head of Enterprise Global Services Delivery.
“We look forward to working together with the community and our partners
to aid in the relief and rehabilitation.”
Wells Fargo is committed to community service and runs regular programs
in its international locations. Wells Fargo in the Philippines has a
volunteer taskforce comprised of team members, with initiatives focused
on disaster relief efforts, supporting learning programs for socially
disadvantaged schools, improving the levels of education and
infrastructure, among others.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified,
community-based financial services company with $1.5 trillion in assets.
Founded in 1852 and headquartered in San Francisco, Wells Fargo provides
banking, insurance, investments, mortgage, and consumer and commercial
finance through more than 9,000 stores, 12,000 ATMs, and the Internet (wellsfargo.com),
and has offices in more than 35 countries to support the bank’s
customers who conduct business in the global economy. With more than
270,000 team members, Wells Fargo serves one in three households in the
United States. Wells Fargo & Company was ranked No. 25 on
Fortune’s 2013 rankings of America’s largest corporations. Wells
Fargo’s vision is to satisfy all our customers’ financial needs and help
them succeed financially. Wells Fargo perspectives are also available at blog.wellsfargo.com.
In 2012, the Company invested $315.8 million in grants to 19,500
nonprofits, and team members contributed more than 1.5 million volunteer
hours around the country. For more information, please visit: www.wellsfargo.com/about/csr.
Copyright Business Wire 2013