Wells Fargo announced yesterday we are committing $35 million over the next three years as part of an ongoing commitment to supporting military service members and veterans.
This commitment includes donations and sponsorships; property donations and support to nonprofits that serve military service members and veterans; job initiatives; and financial education. In addition, Wells Fargo is providing its customers an opportunity to make donations in support of military service members and veterans.
From November 14 through December 13, donations can be made at more than 12,000 Wells Fargo ATMs*, to the USO, National Military Family Association, and Homes for our Troops. Customers will not be charged fees for using the service. One-hundred percent of the donations go to the selected nonprofits.
“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,” says 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.”
The commitment is consistent with the three specific areas for supporting military service members and veterans that Wells Fargo announced in September: achieving homeownership, transition to civilian careers, and providing financial education.
Donations and sponsorships
Wells Fargo is proud to support organizations that work to strengthen communities. Through the efforts of team member volunteering and contributions, Wells Fargo gives back to community organizations. (Learn where to apply, and more at Wells Fargo’s Corporate Giving page.
Real estate owned (REO) donations work like this: Wells Fargo gives properties to a participating nonprofit, which in turn matches veterans to the properties. (Wells Fargo is not involved with the selection of individual recipients.) Those interested should apply through the participating nonprofits, militarywarriors.org or operationhomefront.net. Nonprofits that provide housing for veterans can also inquire about participating.
Wells Fargo recently formed alliances to help mentor and hire veterans and military spouses, with:
- American Corporate Partners (ACP), a unique career development opportunity and mentorship program for veterans.
- 100,000 Jobs Mission, a coalition of 83 companies committed to hiring at least 100,000 veterans by 2020. The coalition has hired more than 28,000 veterans since 2011. (To learn more about the 100,000 Jobs Mission or to apply for jobs, please visit www.100000jobsmission.com. You can also “Like” them on Facebook: facebook.com/100000JobsMission.)
- Military Spouse Employment Partnership Program, which partners with businesses to provide jobs to military spouses. Wells Fargo has also launched Military Crosswalk software, which helps veterans translate their Military Occupation Codes (MOC) into available job openings within the company.
Wells Fargo is launching a customized version of its Hands on Banking financial education program. The comprehensive program spans the spectrum from basic banking to wealth creation and will be delivered through online classes, local seminars/events, and on-base training.
There’s no better time to honor service with action, than on Veteran’s Day!
* Disclosure: Donations can be made at Wells Fargo ATMs across the U.S., with the exception of Kansas, Missouri, and Washington, D.C., due to local restrictions.