Wells Fargo’s Philanthropic Giving in South Carolina Exceeds $3.1 million

CHARLESTON, SC – March 27, 2012 – Wells Fargo & Company hasannounced that it invested over $3.1 million in more than 375 nonprofitsin South Carolina in 2011.  In addition, Wells Fargo team memberscontributed more than 10,800 volunteer hours to help their neighborhoodsand communities succeed.

“At a time when everyone has beentouched in some way by the difficult economic environment,  I  am appreciative and proud of the generosity of our team membersand company,” said Rick Redden, Wells Fargo President for SouthCarolina. “We are committed to using our financial resources andexpertise, working closely with nonprofits and other stakeholders, tocreate long-term economic growth and help improve the quality of lifefor everyone in the communities we serve.”
 
2011 state-wide community highlights include:
 

• Coordinated a record-setting Wells Fargo Community Support andUnited Way campaign, which raised nearly $539,000 in team member givingand was an increase year-over-year.
• Hosted a workshop in Columbia for Wells Fargo Home Mortgage,Wachovia Mortgage and Wells Fargo Home Equity customers facing financialhardships. Wells Fargo invited hundreds of South Carolina homeowners tothe home preservation event.
• Collected over 18,000 pounds of food throughout the state andcontributed $50,000 to the Harvest Hope and Lowcountry Food Bank to helpfight hunger.
• Sponsored Black Expos in Charleston, Columbia and Greenville.
• Hosted a signature nonprofit summit, “The Wells Fargo 2011Nonprofit Leader and Family Foundation Summit: Leading and Navigatingthrough Challenging Times,” attended by more than 150 representativesfrom public and private nonprofits.
• Partnered with the Greenville Board of Realtors on a Habitat Houseand contributed $22,000 along with team member volunteer hours to helpbuild the home.
• Sponsored a celebrity softball game for Louie’s Kids, a non-profitorganization that raises funds to help treat childhood obesity,resulting in an attendance of over 4,000 people and raising more than$65,000.
• Participated in national Teach Children to Save workshops, reaching more than 2,250 children across the state.

About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a nationwide,diversified, community-based financial services company with $1.3trillion in assets. Founded in 1852 and headquartered in San Francisco,Wells Fargo provides banking, insurance, investments, mortgage, andconsumer and commercial finance through more than 9,000 stores, 12,000ATMs, the Internet (wellsfargo.com and wachovia.com), and otherdistribution channels across North America and internationally. We wantto help all of our customers succeed financially and create long-termeconomic growth and quality of life for everyone in our communities. In2011, the Company invested $213.5 million in grants in 19,000nonprofits, and team members contributed more than 1.5 million volunteerhours around the country. For more information, please visit: www.wellsfargo.com/about/csr.