Wells Fargo Commits $35 Million to Support Vets, Military Families

By EGP Staff Report

Wells Fargo & Company is committing $35 million over the next three years to support military service members and veterans through hiring and mentoring services; customized financial education efforts; funding of scholarships and achieving homeownership.

And through the end of November, which also happens to be Military Family Appreciation Month, Wells Fargo customers can add their own support by making a donation at one of the company’s more than 12,000 ATMs across the U.S. (with the exception of Kansas, Missouri and Washington, D.C., due to local restrictions).

Through Nov. 30, customers will not be charged any fees for using the service and 100 percent of the donations will go to the selected nonprofits, Wells Fargo announced in a press statement.

“With this $35 million commitment it is Wells Fargo’s goal to have a role in our nation’s efforts to support military service members, veterans and their families,” said Jon Campbell, head of Wells Fargo Community and Government Relations.  “Our mission of helping our customers succeed financially holds especially true for the men and women who serve our country through the military. We are pleased to extend these efforts by also making it easy for customers to support military members by donating at our ATMs.”

The $35 million financial commitment is consistent with the three areas of support that Wells Fargo announced in September as its primary focus for supporting military service members and veterans: helping active duty military service members and veterans achieve homeownership, helping veterans transition to civilian careers and providing customized financial education, the company says.

For more information on transitioning careers, jobs for veterans, go to www.100000jobsmission.com or Facebook.com/100000jobsmission, a coalition of 83 companies committed to hiring at least 100,000 veterans by 2020.

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November 21, 2012  Copyright © 2012 Eastern Group Publications, Inc.

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