New national initiative with Wells Fargo will connect the 100 million people with disabilities and chronic health conditions to accessible financial health tools, virtual financial coaching and counseling
With colleges and universities physically closed, sheltering at home offers families the opportunity to help their children learn strategies to build a better financial future
Wells Fargo Advisors Financial Advisor Sarah Schweppe has memorized the syllabus for what she considers ‘Finance 101,’ the basics of what she believes young people need to know about finances as they enter adulthood. She remembers what her parents, both financial advisors, told her as a young adult.
Supported by the Wells Fargo Foundation, the New Effort is a Collaboration with the International Public Management Association for Human Resources and National Association of State Treasurers' Foundation
WASHINGTON, April 23, 2020 /3BL Media/ - In an effort to improve financial wellness programs for the state and local workforce, a new initiative will provide financial resources, create tools and case studies, and facilitate conversations among state and local leaders. The effort comes as state and local government employees face increased financial challenges in the wake of the COVID-19 pandemic and resulting economic crisis.
A new approach in Los Angeles may offer a solution to housing affordability nationwide. Abode Communities talks about their model and supporting residents during the COVID-19 crisis.
For Johnna Blocker, the future may have seemed bleak. Homeless with no prospects in sight, she and her children lived in a local shelter while she looked for an apartment she could afford to rent in the uber-expensive Los Angeles market. Then, one day, she won the “lottery” — an affordable housing drawing with 3,000 applicants for only 140 apartments. Eventually, she moved into Rolland Curtis Gardens, one of the state’s newer affordable housing complexes, and her life has never been the same.
SAN FRANCISCO, April 20, 2020 /3BL Media/ – The Wells Fargo Foundation today announced a donation of $100,000 to the American Red Cross in support of tornado and flood relief efforts across the southern U.S.
Wells Fargo is donating $175 million to COVID-19 relief efforts, already supporting nearly 1,000 organizations
It’s providing homeless services organizations in California with emergency response supplies to diagnose and prevent the spread of COVID‑19. It’s helping centers in Idaho that are providing child care for first responders, health care workers, and essential workers, to stay open. And it’s supporting nursing students in Texas so they can graduate on time and enter the workforce sooner, where they are desperately needed.
Wells Fargo is supporting employees while protecting public safety through enhanced cleaning, social distancing in bank branches, remote work arrangements, benefit changes, and more.
For the first time in Wells Fargo’s history, bank branches across the U.S. imposed new social distancing guidelines March 19 — maximizing the distance among customers, and between customers and employees, in accordance with Centers for Disease Control and Prevention Guidelines.
Customers found lobby chairs moved six feet apart, customer chairs in banker offices moved, and the floors marked so they knew where to stand in the teller lines.
Comprehensive response includes suspending residential foreclosure sales, fee waivers and acceleration of $175 million in donations to help the most vulnerable
SAN FRANCISCO, March 23, 2020 /3BL Media/ – Wells Fargo & Company (NYSE: WFC) today announced additional comprehensive steps to help customers, communities and employees grappling with the impact of COVID-19. The company has suspended residential property foreclosure sales, evictions and involuntary auto repossessions. Additionally, the Wells Fargo Foundation will increase its charitable donations to $175 million to help address food, shelter, small business and housing stability, as well as to provide help to public health organizations.
Philanthropic support to help with fast-emerging needs in U.S. and globally; customers facing hardships can reach out to the company
SAN FRANCISCO, March 9, 2020 /3BL Media/ – TheWells Fargo Foundation today announced up to $6.25 million in donations to support domestic and global response to the coronavirus (COVID-19) and to aid public health relief efforts. The philanthropic funding includes $1 million for the National Centers for Disease Control and Prevention’s Emergency Relief Fund and $250,000 to the International Medical Corps for their work in more than 30 countries.