Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee
#NNPA BlackPress

Waters at Hearing with Megabank CEOs: Megabanks Have Treated Fines as Cost of Doing Business

NNPA NEWSWIRE — WASHINGTON – Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following opening statement at hearing entitled, “Holding Megabanks Accountable: A Review of Global Systemically Important Banks 10 years after the Financial Crisis.” […read more]

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Dr. Harry L. Williams is the president & CEO of Thurgood Marshall College Fund (TMCF), the largest organization exclusively representing the Black College Community. Prior to joining TMCF, he spent eight years as president of Delaware State University.
#NNPA BlackPress

OP-ED: Student Loan Debt is a Crisis!

NNPA NEWSWIRE — Finances should never be a barrier to graduation, nor should the financial impact of earning a college degree be a barrier for buying a home, saving money, starting a family, and having a good credit score. TMCF prides itself on building pipelines into good paying jobs but we also have to work to ensure that those students are able to truly reap the financial benefits of their achievements without having to pay off years of student loan debt. […read more]

Wells Fargo has been in Washington, D.C., since 1914, with its first location on G Street NW. Since then, local investments in the District have included support for education, the arts and neighborhood revitalization, among other community needs.
Business

PRESS ROOM: Wells Fargo Invests $1.6 Billion to Help Revitalize D.C.’s Minority Neighborhoods

NNPA NEWSWIRE — The bank’s new commitment includes a five-year, $16 million philanthropic commitment more than triples Wells Fargo’s local giving, with a specific focus on Ward 7 and Ward 8. This philanthropy includes $4 million for Community Development Financial Institutions to grow the small business community and $6 million for nonprofit housing initiatives like down payment assistance and development of affordable rental properties. […read more]

Financial Management

Prepare to Prosper Digital Exclusive: Saving & Investing

Lately, it seems like everyone is talking about investing. But if you’re not sure whether it’s time for you to start investing, or if you should focus on saving, the answer depends on your goals, risk tolerance, and financial situation. In this article, we’ll help you determine whether you should focus on building your saving or starting to invest. So no matter where you are in your financial journey, we’d like to help you prepare to reach your specific goals. […read more]

Press Room

Talking About Money Difficult For LGBT Investors, According to Wells Fargo Study

    Media: Matt Hurwitz 415-396-6964 Matthew.s.hurwitz@wellsfargo.com @MattHurwitzWF   Sarah Tonigan 505-818-7480 Sarah.h.tonigan@wellsfargo.com @SarahToniganWF   Talking About Money Difficult For LGBT Investors, According to Wells Fargo Study Fewer Than Half In Same-Sex Marriages Seek Professional Guidance, Despite Ongoing Confusion Around Current Marriage Laws And Regulations Read More

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Wells Fargo, NAACP, National Urban League to Host Housing Forums for Aspiring Homeowners during National Homeownership Month

Media Veronica Clemons Wells Fargo 704-715-5145 Veronica.c.clemons@wellsfargo.com Nicole Kenney NAACP 202-478-6409 nkenney@naacpnet.org Latraviette D. Smith-Wilson National Urban League 212-558-5433 lsmithadv@nul.org DES MOINES, Iowa – May 29, 2014 – Wells Fargo (NYSE: WFC), the National Association for the Advancement of Colored People (NAACP) and National Urban Read More

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Wells Fargo Extends African American History Tour, Brings The Kinsey Collection: Shared Treasures of Bernard and Shirley Kinsey, Where Art and History Intersect

MEDIA CONTACTS:   Valerie Williams, 704.383.8025 C. Nicole Pierce, 312.228.8820 Valerie.williams@wellsfargo.com           cnpierce@flowerscomm.com        Wells Fargo Extends African American History Tour, Brings The Kinsey Collection: Shared Treasures of Bernard and Shirley Kinsey, Where Art and History Intersect Exhibition to Atlanta and Houston Tour poised to dispel Read More

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Fonzworth Bentley and Tai Beauchamp Inspired Charlotte Students During UNCF’s Empower Me Tour Presented by Wells Fargo

              Media Valerie Williams 704-383-8025Valerie.williams@wellsfargo.com   FONZWORTH BENTLEY AND TAI BEAUCHAMP INSPIRED CHARLOTTE STUDENTS DURING UNCF’S EMPOWER ME TOUR PRESENTED BY WELLS FARGO Day-long event motivated youth to excel in academic, financial and personal responsibility Charlotte, March 12, 2014  – The UNCF Read More

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Wells Fargo Launches Online Magazine

    Contacts: Sara Hassell Johnny Wong   704-715-6647 415-396-4486   Wells Fargo Launches Online Magazine Wells Fargo Stories presents digital journal of shared success stories between team members, customers and communities SAN FRANCISCO, Mar. 11, 2014 – Wells Fargo & Company (NYSE: WFC) today announced Read More

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Superstar Fonzworth Bentley and WBTV’s Tonya Rivens Host UNCF’s Empower Me Tour Presented by Wells Fargo in Charlotte

FOR IMMEDIATE RELEASE February 25, 2014 Media Contact: Joi Ridley UNCF Communications 202-810-0225 Joi.Ridley@uncf.org SUPERSTAR FONZWORTH BENTLEY AND WBTV’S TONYA RIVENS HOST UNCF’S EMPOWER ME TOUR PRESENTED BY WELLS FARGO IN CHARLOTTE Inspiring youth to excel in academic, financial and personal responsibility CHARLOTTE (February 25, 2014) Read More

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Wells Fargo Celebrates Military Saves Week; Offers Free Financial Education Webinars

Media: Lisa Westermann 415-222-6236 Lisa.b.westermann@wellsfargo.com Wells Fargo Celebrates Military Saves Week; Offers Free Financial Education Webinars SAN FRANCISCO, February 21, 2014 – In an ongoing effort to support military members, veterans and their families, Wells Fargo is celebrating Military Saves Week by offering three free financial education webinars Read More

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Wells Fargo and First Generation Films Announce “Go College!” Initiative to Inspire Students

  Media   Jason Vasquez, 213-253-3733     Jason.A.Vasquez@wellsfargo.com@JasonVasquezWF WELLS FARGO AND FIRST GENERATION FILMS ANNOUNCE “GO COLLEGE!” INITIATIVE TO INSPIRE STUDENTS Award-winning documentary to be viewed by students and their families in 10 major cities SAN FRANCISCO, February 4, 2014 – Wells Fargo Education Financial Services and First Read More

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LIFT Programs Help 5,000 People Achieve Dream of Homeownership

Media: Chris Hammond Media: Douglas Robinson 415-222-4106 202-870-3583 chris.l.hammond@wellsfargo.com drobinson@nw.org LIFT Programs Help 5,000 People Achieve Dream of Homeownership  Collaboration between Wells Fargo and NeighborWorks America provides homebuyer education and down payment assistance SAN FRANCISCO and WASHINGTON, DC — December 19, 2013 — Wells Fargo & Read More

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Americans Get Their Financial Houses in Order for 2014 According to a New Wells Fargo Survey

Media: Kate Pulley Media: Natalie Brown 917-260-1673 775-689-6123 catherine.b.pulley-dennison@wellsfargo.com natalie.m.brown@wellsfargo.com  Americans Get Their Financial Houses in Order for 2014 According to a New Wells Fargo Survey Americans are focused on their credit score and debt; survey also reveals that generations approach borrowing differently SAN FRANCISCO (Dec. Read More

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Wells Fargo’s Celebratory Tour Honoring the 150th Anniversary of The Emancipation Proclamation, Featuring The Kinsey Collection, Arrives in Baltimore

Media Media Valerie Miller Williams 704-383-8025  C. Nicole Pierce 312-228-8820    Wells Fargo’s Celebratory Tour honoring the 150th Anniversary of The Emancipation Proclamation, Featuring The Kinsey Collection, Arrives in Baltimore National exhibition chronicling African American history and achievement opens at the Reginald F. Lewis Museum Read More

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Wells Fargo to Donate $6 Million Across 67 Nonprofits to Help Stabilize Communities

Media Chris Hammond 415-222-4106 Wells Fargo to Donate $6 Million Across 67 Nonprofits to Help Stabilize Communities New 2013 Leading the Way Home® program Priority Markets Initiative Grants Announced DES MOINES, October 28, 2013 – Wells Fargo & Company (NYSE: WFC) today announced it will Read More

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Wells Fargo Connects with Blogger Owned Businesses, Hosts “The Perfect Pitch” Competition

Media Valerie Williams 704-383-8025   Wells Fargo Connects with Blogger Owned Businesses, Hosts “The Perfect Pitch” Competition A new breed of small business owners face expert judges while vying for top prize at the Blogalicious 5 conference  CHARLOTTE, Oct. 18, 2013 – Wells Fargo joined with Read More

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Wells Fargo Promotes African American History through Art as The Kinsey Collection Exhibition Moves to the Reginald F. Lewis Museum

    Media Contacts:     Samantha McCoy MissionKey Communications samantha@missionkeycomunications.com 443-574-4138 Michael McCoy Wells Fargo michael.mccoy@wellsfargo.com 202-303-3029 Wells Fargo Promotes African American History through Art as The Kinsey Collection Exhibition Moves to the Reginald F. Lewis Museum   National art tour honoring the 150th Anniversary Read More

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UrbanLIFT community grant program to bring $11.4 million to help neighborhood improvement projects in 25 cities affected by foreclosures

Media contacts: Chris Hammond                Wells Fargo 415-222-4106         chris.l.hammond@wellsfargo.com UrbanLIFTSM community grant program to bring $11.4 million to help neighborhood improvement projects in 25 cities affected by foreclosures Eligible nonprofits can apply until Sept. 30 for grants to help neighborhood Read More

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My Retirement Plan Available to the Public on WellsFargo.com

My Retirement PlanSM Available to the Public on WellsFargo.com Online Savings Tool Provides a Tailored Realistic Savings Goal CHARLOTTE, NC, August 19, 2013 –Wells Fargo today announced that My Retirement PlanSM, an online savings tool, is now available to the general public on wellsfargo.com.  My Retirement Plan can be accessed by customers and Read More

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Celebrities Share “Untold Stories” of The Kinsey Collection as Part of Wells Fargo’s Yearlong Celebratory Program

      Media Media     Valerie Miller Williams C. Nicole Pierce     704-383-8025 312-228-8820 Celebrities Share “Untold Stories” of The Kinsey Collection as Part of Wells Fargo’s Yearlong Celebratory Program National art tour in honor of the 150th anniversary of the Emancipation Proclamation Read More

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Wells Fargo Makes Text Receipts Available at ATMs

    Media     Richele Messick651-205-6560 Richele.j.messick@wellsfargo.com     Wells Fargo Makes Text Receipts Available at ATMs First Financial Services Company to Offer Customers Text Receipts SAN FRANCISCO, June 24, 2013 – Wells Fargo & Company (NYSE: WFC) announced today that in addition to Read More

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Wells Fargo Approves Most SBA Dollars to U.S. Small Businesses to Date in Federal Fiscal Year 2013

Media Jim Seitz Jason Menke 612-316-2447Jim.seitz@wellsfargo.com 515-245-3185jason.d.menke@wellsfargo.com    Wells Fargo Approves Most SBA Dollars to U.S. Small Businesses to Date in Federal Fiscal Year 2013 SBA Loans in Dollars Up 16 percent, Year Over Year, to $739 Million  SAN FRANCISCO, May 31, 2013 – Wells Fargo Read More

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Aspirations: Financial Resources for Women in Business

Aspirations: Financial Resources for Women in Business by Michelle Thornhill Strategy and Integration Manager, Wells Fargo Enterprise Diversity and Inclusion Special to the NNPA For a number of years, I taught college courses on entrepreneurship and small business management to students who aspired to become Read More

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Wells Fargo Supports Community Programs in Honor of the 50th Anniversary Celebration of the Civil Rights Movement in Birmingham

    Media     NAME     NUMBER       Media Jamie Dexter 704-578-6081jamie.dexter@wellsfargo.com  Wells Fargo Supports Community Programs in Honor of the 50th Anniversary Celebration of the Civil Rights Movement in Birmingham Mayor William Bell and other special guests join Wells Fargo Read More

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Michelle Thornhill Named Strategy and Integration Manager for Wells Fargo Enterprise Diversity and Inclusion

Media Media C. Nicole Pierce Valerie Miller Williams 312-228-8820 704-383-8025 Michelle Thornhill Named Strategy and Integration Manager for Wells Fargo Enterprise Diversity and Inclusion Charlotte, May 15, 2013- Wells Fargo recently named Michelle Thornhill, senior vice president, as strategy and integration manager reporting directly to Read More

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Wells Fargo Adds Bankers, Launches New Secured Credit Products to Help More Small Businesses

Media   Jim Seitz Alice Hartnett 612-316-2447 704-715-9115 jim.seitz@wellsfargo.com alice.hartnett@wellsfargo.com Wells Fargo Adds Bankers, Launches New Secured Credit Products to Help More Small Businesses America’s No. 1 small business lender expands services as annual Small Business Appreciation Celebration begins SAN FRANCISCO, May 8, 2013 – To help Read More

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Wells Fargo Small Business Index: Business Owners Express Slightly More Optimism in April, Say Attracting Customers Single Biggest Challenge Today

Media Alice Hartnett Jim Seitz 704.715-9115 Alice.hartnett@wellsfargo.com   612.316.2447 jim.seitz@wellsfargo.com Wells Fargo Small Business Index: Business Owners Express Slightly More Optimism in April, Say Attracting Customers Single Biggest Challenge Today   SAN FRANCISCO, April 30, 2013 – Despite concerns about a slowing U.S. economy, small Read More

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African American Investors Optimistic About Financial Future and the Economy, but Concerned About Retirement, According to Recent Wells Fargo Survey

Media: Matt Hurwitz 415-396-6964 Matthew.s.hurwitz@wellsfargo.com   Sarah Tonigan 505-818-7480 Sarah.h.tonigan@wellsfargoadvisors.com African American Investors Optimistic About Financial Future and the Economy, but Concerned About Retirement, According to Recent Wells Fargo Survey Saving for Retirement Moves to Back-Burner as Investors Focus on Day-to-Day Financial Challenges SAN FRANCISCO, April 10, 2013 Read More

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New Report Shows Wells Fargo’s Progress on Corporate Social Responsibility Goals

Media Jessica Ryan 415-396-0560 New Report Shows Wells Fargo’s Progress on Corporate Social Responsibility Goals Achievements include support for environment, communities, and homeowners SAN FRANCISCO, April 5, 2013 – Wells Fargo & Company (NYSE: WFC) today issued its 2o12 Corporate Social Responsibility (CSR) Interim Report, Read More

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Wells Fargo Commits $520,000 for High School Students Across the U.S. to Use for College or Other Expenses

Media Natalie Brown natalie.m.brown@wellsfargo.com Wells Fargo Commits $520,000 for High School Students Across the U.S. to Use for College or Other Expenses CollegeSTEPSSM expanded sweepstakes runs April 1-June 30, 2013; 520 high school winners will each win a $1,000 cash prize San Francisco, April 1, 2013 – Wells Fargo Read More

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Wells Fargo Repeats Popular Free Credit Score Promotion; Offers $10,000 Grand Prize During Share Your Goals Sweepstakes

    Media:     Natalie Brown, 775-689-6123     natalie.m.brown@wellsfargo.com   Wells Fargo Repeats Popular Free Credit Score Promotion; Offers $10,000 Grand Prize During Share Your Goals Sweepstakes Promotions Available March 1 – April 15, 2013 SAN FRANCISCO (March 1, 2013) – Wells Fargo Read More

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Wells Fargo ATMs Know You Better

Media Richele Messick651-205-6560 Richele.j.messick@wellsfargo.com   Wells Fargo ATMs Know You Better ATM becomes more personalized to deliver innovative, fast, easy customer experience; ATM Cash Tracker remains an industry first   SAN FRANCISCO, Feb. 18, 2013 – Wells Fargo & Company (NYSE: WFC) announced today that Read More

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Wells Fargo, NeighborWorks America Help 1,600 Successfully Buy Homes through ‘LIFT’ Programs

Media contacts: Wells Fargo Chris Hammond 415-222-4106 chris.l.hammond@wellsfargo.com NeighborWorks America Lindsay Moore 202-220-6317 lmoore@nw.org Wells Fargo, NeighborWorks America Help 1,600 Successfully Buy Homes through ‘LIFT’ Programs $170 million Effort Offers Home-buying Education, Down Payment Assistance for Moderate Income Buyers in 20 U.S. Housing Markets San Francisco and Read More

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Wells Fargo Donates $3 Million to UNCF, Investing in America’s Future Leaders

Louis Barbash UNCF 202-810-0225 Louis.Barbash@UNCF.org Press Release Wells Fargo Donates $3 Million to UNCF, Investing in America’s Future Leaders Donation extends commitment to help students graduate   WASHINGTON, DC (January 10, 2013) – UNCF (United Negro College Fund), the nation’s largest and most effective minority Read More

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The Show Must Go On: Wells Fargo and Thurgood Marshall College Fund Brave Hurricane Sandy to Support Student Scholars

Media Media Valerie Miller Williams 704-383-8025 C. Nicole Pierce 312-228-8820 The Show Must Go On: Wells Fargo and Thurgood Marshall College Fund Brave Hurricane Sandy to Support Student Scholars Wells Fargo sponsors the 25th Annual TMCF Leadership Institute [CHARLOTTE, December 13, 2012] – Last month, Read More

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Wells Fargo Expands Mobile Deposit Service Nationwide, Increasing Anytime, Anywhere Banking Convenience for Customers

          Media       Lisa Westermann lisa.b.westermann@wellsfargo.com       415-222-6236  Wells Fargo Expands Mobile Deposit Service Nationwide, Increasing Anytime, Anywhere Banking Convenience for Customers Specialized Mobile Banking Services Drive Surge in Customer Adoption San Francisco, November 28, 2012 – Read More

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Business

Aspirations: Purposeful Giving

Aspirations: Purposeful Giving By Michelle Thornhill NNPA Columnist We’ve all heard the adage, “the more you give, the more you receive.”  I believe that most people are willing to give, but uncertain about how to make the most meaningful contributions.  It’s perfectly fine to give Read More

Business

Wells Fargo’s 2012 Community Support and United Way Campaign Reaches Record Total of $79 Million

  Media Jim Nawrocki 415-222-1940 Wells Fargo’s 2012 Community Support and United Way Campaign Reaches Record Total of $79 Million Total represents a 23% increase over 2011 campaign SAN FRANCISCO, November 13, 2012 – Wells Fargo & Company (NYSE: WFC) announced today that its team Read More

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Wells Fargo Launches New Online Business Credit Center for Small Business Owners

  Media Media Jim Seitz Jennifer Langan 612-316-2447 213-253-3452 jim.seitz@wellsfargo.com Jennifer.l.langan@wellsfargo.com Wells Fargo Launches New Online Business Credit Center for Small Business Owners New resource introduced as Wells Fargo marks 10th consecutive year as America’s No. 1 small business lender based on government data   Read More

Business

Thurgood Marshall College Fund Announces $1.7 Million Partnership with Wells Fargo to Support Initiatives For Students Attending Public HBCUs

FOR IMMEDIATE RELEASE Media Contacts: Tiffany L. Jones Tiffany.Jones@Tmcfund.org 212-573-8493 THURGOOD MARSHALL COLLEGE FUND ANNOUNCES $1.7 MILLION PARTNERSHIP WITH WELLS FARGO TO SUPPORT INITIATIVES FOR STUDENTS ATTENDING PUBLIC HBCUS NEW YORK, Oct. 23, 2012 – Thurgood Marshall College Fund (TMCF) announced a multi-year, $1.7 million Read More