SAN FRANCISCO >> Wells Fargo & Company announced Monday that it is making an additional $850,000 available for relief efforts related to wildfires in California. The additional funding includes $100,000 for the American Red Cross, $50,000 for the Salvation Army, $200,000 for local non-profits focused on rebuilding efforts in 2018, and $500,000 for the company’s WE Care Fund, which makes financial grants for unforeseen circumstances resulting from disasters available to affected Wells Fargo team members.
The new commitments follow initial donations of $100,000 to the Red Cross and $50,000 to the Salvation Army, bringing the company’s total contribution to wildfire relief efforts to $1 million.
“These fires continue to rip an unimaginable path of destruction through communities throughout California, and we in turn are strengthening our commitment to those who have been affected,” said Tim Sloan, Wells Fargo CEO and president. “Our hearts, and our commitment to help, go out to all those who have lost their loved ones, homes, and livelihoods as a result of this tragedy- some of whom are Wells Fargo team members.”
Additionally, through October 23, customers who wish to support the American Red Cross’ California wildfire relief efforts may do so by using any Wells Fargo ATM in California and selecting the option to donate. There is no fee for this service and 100% of contributions will be sent to the American Red Cross. Also, Wells Fargo’s Go FarTM Rewards customers can redeem any amount of their available-rewards and donate to the American Red Cross Disaster Relief fund through October 23rd by accessing their rewards account at GoFarRewards.wf.com or calling the Go FarTM Rewards Service Center at 1-877-517-1358.
Wells Fargo Customer Support
Wells Fargo is providing payment relief for on credit cards, student loans, auto loans, home mortgage, home equity and retail small business loans and lines of credit to customers affected by the fires. No negative credit reporting will occur for customers receiving payment relief.
The bank also is waiving or refunding fees for affected customers. This includes late fees, overdraft and non-sufficient funds fees and ATM fees for using non-Wells Fargo ATMs.