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Wells Fargo Alaska Team Members Raise Record $437,000 for Nonprofits


2010 Community Support Campaign donations up 39 percent over 2009 [Anchorage, Feb. 16, 2011] – Wells Fargo team members from Barrow to Ketchikan donated a record $287,000 during the company’s annual Alaska Community Support/United Way fundraising campaign last fall.  The $287,000 donated by Wells Fargo team members in Alaska is the highest total ever and a 39 percent increase over 2009.  Wells Fargo contributed an additional $150,000 for a total investment of $437,000 in nonprofit organizations throughout the state. “During the second year of a national recession, our team members stepped up again to exceed our fundraising goal and contribute $80,000 more than last year,” said Richard Strutz, Wells Fargo regional president for Alaska. “The results of this campaign demonstrate our enduring commitment to help Alaskans in need by investing in the communities where we live and work.” Leadership-level giving of $1,000 or more was up 69 percent over 2009 with 78 team members contributing a total of more than $220,000. All Wells Fargo team member donations directed to eligible nonprofit accredited schools are matched dollar for dollar from $25 to $6,500 per team member per year by the Wells Fargo Educational Matching Gift Program. Wells Fargo team members raised funds for local United Way agencies and other charities through silent auctions, casual days, luncheons and other activities.  Team members also volunteered with organizations such as Cook Inlet Housing Authority in Anchorage and AWARE women’s shelter in Juneau during the United Way’s “Day of Caring”. Each year, Wells Fargo invests $1.5 million in more than 280 nonprofits and schools in Alaska.  Wells Fargo’s Alaska team members logged a record 10,100 volunteer hours in 2010. Nationwide, Wells Fargo team members contributed more than $55 million through the 2010 Community Support Campaign – an increase of 32 percent over last year and the highest total ever for the company.  Wells Fargo invested a record $219 million in 19,000 nonprofits in 2010, up nine percent over 2009.  In addition, Wells Fargo team members volunteered 1.3 million hours for 25,000 nonprofits and schools. Wells Fargo also announced its latest Corporate Social Responsibility Report “Working Together for the Common Good” is now available at www.wellsfargo.com/about/csr. In this report, the company provides an update on its progress to integrate social and environmental responsibility into its business practices, operations and culture. About Wells Fargo
Wells Fargo has 1,000 team members in Alaska 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 $1.3 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 No. 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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