Wells Fargo Announces $2.8 Million Investment in South Carolina

Team members show support by volunteering and giving back during ‘Week of Caring’ events

COLUMBIA, SC – Wells Fargo & Company (NYSE: WFC) announced that it has invested $2.8 million in 375 philanthropic organizations across South Carolina through August 31. The announcement, which helps kick off Wells Fargo’s inaugural ‘Week of Caring’ across South Carolina, highlights the collective impact Wells Fargo and its 5,566 team members make in 46 counties across the state.

In 2013, Wells Fargo invested $3.4 million across the state. In addition, Wells Fargo team members in the Palmetto State logged more than 29,200 volunteer hours last year.

“We are Columbia’s bank, and we are proud to continue to do what we can to make a difference in our local communities,” said Kathy Heffley, Community Banking president in the Midlands. “Wells Fargo is committed to using our financial resources and expertise, while working closely with nonprofits and other stakeholders, to create long-term economic growth in the communities we serve. We believe that we’re responsible for being leaders and doing our part to help improve the quality of life for everyone in our communities. If they prosper, so do we.”

As part of our commitment to our communities, Wells Fargo has planned the following local events for the ‘Week of Caring’:

• Monday, Sept. 15 – Columbia team members will volunteer at Harvest Hope Food Bank, an organization that provides for the needs of hungry people by gathering and sharing quality food and is South Carolina’s primary disaster hunger relief emergency feeding organization, from 1-3 p.m.
• Thursday, Sept. 18 – Members of the South Carolina Regional Operating Committee will volunteer from noon to 1 p.m. for St. Lawrence Place, a 30-home community where homeless families can find skills and shelter that foster independence and free them from poverty, and the Jubilee Academy, a faith-based organization that assists inner-city children, youth and families, in Columbia.
• Saturday, Sept. 20 – Wells Fargo’s South Carolina Green Team in Columbia will participate in the Broad River Sweep at the Saluda River from 9-11 a.m. Wells Fargo Green Teams are volunteer-driven groups dedicated to helping Wells Fargo conserve resources, reduce waste and promote environmental awareness at work and in the community. The river sweep is sponsoring by Keep the Midlands Beautiful, an organization established to engage, inspire and educate people to invest in the community through litter prevention, recycling and beautification. 

“Our team members in the Midlands are dedicated, passionate people who care deeply about making a difference,” added Midlands Market President Holt Chetwood. “This announcement and these unique events demonstrate the power of teamwork and the commitment of our team members to make a meaningful impact in their local communities around the Midlands. This shows that when you combine people and resources, you can make a difference.”

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.4 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.