MIAMI, September 11, 2017 – Wells Fargo (NYSE: WFC) announced today it is donating a
total of $1.1 million to support Hurricane Irma relief efforts in Florida and the Caribbean. The company’s donation includes $500,000 to the American Red Cross Disaster Relief Fund, $500,000 to local nonprofits focused on relief efforts in the immediate future, and $100,000 to International Medical Corps as that organization engages in relief efforts in the Caribbean. Wells Fargo will continue to monitor Irma’s impact as the now tropical storm makes landfall in other states to determine how the company may assist there.
“Our thoughts and prayers are with everyone in Florida and the Caribbean who has endured Hurricane Irma and its destruction,” said Tim Sloan, Wells Fargo CEO & president. “Wells Fargo is committed to working with organizations and agencies to help our communities recover and we will determine the best way to support any additional efforts in the days and weeks ahead.”
Wells Fargo Customers Impacted by Hurricane Irma Wells Fargo will provide payment relief for the next 90 days on credit cards, student loans, auto loans, home mortgage, home equity and retail small business loans and lines of credit in FEMA declared areas. There will be no negative credit reporting for those customers who receive payment relief. Impacted customers who are not in a FEMA declared area are also able to receive similar benefits by contacting Wells Fargo.
The bank is also proactively waiving or refunding fees for impacted consumers in FEMA declared areas; this includes late fees and debit card over-the counter cash disbursement fees, and our ATM fees for using non-Wells Fargo ATMs. Wells Fargo will also deploy mobile ATMs as soon as it is safe and feasible to do so. The company will share location information at the time of deployment.