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Wells Fargo celebrates 160th anniversary by investing $160,000 in 14 Alaska charities


ANCHOARAGE, March 21, 2012 – In celebration of Wells Fargo’s 160th anniversary, the company is investing $160,000 in 14 Alaska nonprofit organizations, as selected by its Alaska team members.

$16,000 to each of these organizations:

  • Abused Women’s Aid in Crisis, Inc. (AWAIC), Anchorage
  • Anchorage Library Foundation
  • The Children’s Lunchbox, Anchorage
  • The Children’s Place, Wasilla
  • Community Connections, Ketchikan
  • Fairbanks Community Food Bank
  • Kenai Peninsula Food Bank

Additional gifts to the following organizations:

  • Aiding Women in Abuse and Rape Emergencies (AWARE), Juneau ($8,000)
  • Southeast Regional Resource Center (SERRC), Juneau ($8,000)
  • Kodiak Brother Francis Shelter ($8,000)
  • Nome Community Center ($8,000)
  • Association of Village Council Presidents, Bethel ($6,000)
  • Bristol Bay Native Association ($6,000)
  • Ilisagvik College, Barrow ($4,000)

These grants are part of a special company-wide anniversary giving program, which resulted in $2.5 million invested in more than 60 nonprofit organizations across the U.S.

The company also is organizing local 160-hour volunteer activities in celebration of the anniversary.  The activities address needs that are important to our team members, customers and communities, including affordable housing, sustainable environments, hunger assistance and education.  Also in celebration of the 160th anniversary, Wells Fargo will donate, build or renovate 160 homes in the communities it serves over the course of 160 days.

Founded as a banking and express company on March 18, 1852, in New York City, Wells Fargo opened its first western office on the waterfront of Gold Rush San Francisco on July 13, 1852, the site of the company's current headquarters.  With the merger of Wachovia, Wells Fargo once again serves customers coast to coast.

In 1883, Wells Fargo opened temporary seasonal express offices in Sitka, Wrangell and Harrisburg (Juneau). Wells Fargo agents served these coastal communities until 1885.  In 1911, Wells Fargo returned to Alaska and expanded into 40 communities, including Anchorage, Cordova, Fairbanks, Kodiak, Nome, Seward, Sitka and Valdez.  The company provided reliable transportation of gold, fish, furs, fruit and other valuables by boat, rail, dogsleds and horse-drawn sled stages until 1918.  The famous Wells Fargo name returned to The Last Frontier in 2000 with the acquisition of National Bank of Alaska.

To learn more about Wells Fargo’s 160-year history, visit https://www.wellsfargo.com/about/history/ or http://blog.wellsfargo.com/guidedbyhistory/ .

About Wells Fargo
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 9,000 stores, 12,000 ATMs, the Internet (wellsfargo.com), and other distribution channels across North America and internationally. With more than 270,000 team members, Wells Fargo serves one in three households in America.  Wells Fargo & Company was ranked No. 23 on Fortune’s 2011 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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