Wells Fargo Donates CA$25,000 ($20,000) to Aid Flood Disaster Relief Efforts in Quebec

Business Wire

Foundation supports Canadian Red Cross in partnership with United Way Worldwide

SAN FRANCISCO--(BUSINESS WIRE)-- Wells Fargo & Company (NYSE: WFC) announced today it will donate CA$25,000 ($20,000) to United Way Worldwide in response to thousands of Canadians being forced from their homes as heavy rains and spring thaw cause flood evacuations in the province of Quebec.

Wells Fargo is among 10 financial institutions joining to support the Canadian Red Cross.

“We’re saddened by the flooding’s devastation and want to help victims recover,” said Richard Valade, regional president of Canada for Wells Fargo. “Working with United Way Worldwide, this donation supports the incredible work by the Canadian Red Cross in communities where our team members live and serve our customers.”

Wells Fargo employs more than 700 team members in Canada across 23 lines of Wholesale Banking businesses who serve commercial customers in the Canadian cities of Calgary, Mississauga, Montreal, Toronto, Vancouver, and Quebec City.

In 2018, Wells Fargo donated $444 million dollars to approximately 11,000 nonprofits. Wells Fargo team members also donated 2 million hours of volunteer work in 2018. For the 10^th consecutive year, the United Way Worldwide recognized Wells Fargo in February as the No. 1 workplace giving campaign in the U.S.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment and mortgage products and services, as well as consumer and commercial finance, through 7,700 locations, more than 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 33 countries and territories to support customers who conduct business in the global economy. With approximately 262,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 26 on Fortune’s 2018 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.