Wells Fargo Commits $50M to American Indian/Alaska Native Communities
Wells Fargo announced a 5-year, $50 million commitment to American Indian/Alaska Native communities to help address their unique economic, social and environmental needs. The company will expand philanthropy programs, work to improve products and services to meet the financial and banking requirements of the American Indian/Alaska Native community, and help create a greater awareness of American Indian/Alaska Native culture, history and contributions.
“We are only as successful as the communities in which we work,” said Tim Sloan, Wells Fargo CEO. “Our longstanding relationships with tribal governments and American Indian/Alaska Native customers are a point of tremendous pride at Wells Fargo. I am pleased to be able to make this announcement on behalf of our 268,000 team members as part of Native American Heritage Month.”
The bulk of the financial commitment will be devoted to philanthropy aligned with the concerns raised by consulted tribal stakeholders during the development of the commitment and Wells Fargo’s 2020 Corporate Social Responsibilityfocus areas.