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Glennallen Student Awarded Scholarship from Wells Fargo

[Glennallen, Alaska] August 30, 2010 – Glennallen High School graduate Sara Horvath has been awarded a $1,500 scholarship through Wells Fargo’s Mary Jo and Dick Kovacevich Scholarship Program.  Horvath is the daughter of Wells Fargo Glennallen Service Manager Angela Horvath. While at Glennallen High, Horvath excelled academically with a 3.98 GPA, and in student government as student council president.  She was one of only four high school students to attend the Conference of Young Alaskans in 2009.  Horvath is a National Honor Society member and Bob Gillam Foundation scholarship recipient.  She is attending Mesa State College in Colorado where she plans to pursue a degree in sociology with a minor in business. Horvath is among 759 students of Wells Fargo team members who shared $1.43 million in college scholarships awarded for the 2010-2011 school year through the Wells Fargo Team Members’ Dependent Children Scholarship Program and Mary Jo and Dick Kovacevich Scholarship Program. “At Wells Fargo we have a long-standing commitment to supporting education and it’s a privilege to provide scholarships to well-deserving children of our team members who contribute to the success of our company every day,” said Wells Fargo Alaska Regional President Richard Strutz.  “We’re extremely proud of Sara and the commitment she has made to her educational future.” Scholarships are offered to dependent students of Wells Fargo team members who are enrolled or planning to enroll full-time in an undergraduate course of study at a vocational technical school, or at an accredited two- or four-year college or university.  Wells Fargo scholarship recipients are selected on the basis of academic record, demonstration of leadership and participation in school and community activities.  Awards, honors, work experience and the student’s statement of goals and aspirations are also considered during the selection process. In 2009, Wells Fargo invested $202 million in 18,000 nonprofits nationwide.  Included in that amount is a $61.1 million investment in more than 6,000 educational organizations, including $14.4 million in matched educational donations from team members. About Wells Fargo Wells Fargo employs 1,100 Alaskans who serve customers through a network of 60 banking, mortgage, consumer lending, insurance and investment offices, 120 ATMs and online.  Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.2 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 10,000 banking stores, 12,000 ATMs, the Internet (wellsfargo.com and wachovia.com), and other distribution channels across North America and internationally. With more than 278,000 team members, Wells Fargo serves one in three households in America.  Wells Fargo & Company was ranked #19 on Fortune’s 2009 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy all our customers’ financial needs and help them succeed financially.

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