Fee waivers for customers in disaster area to continue through May 28

SAN FRANCISCO -- (Business Wire)

Wells Fargo & Company (NYSE: WFC) announced today that it is donating $100,000 to the American Red Cross to assist individuals and families affected by this week’s devastating tornado in Moore, Okla. and surrounding areas. The American Red Cross will use the money to help tornado victims in the region.

“When a community is faced with such a tragic loss of life and destruction of property, it’s our duty to act and to help bring relief to those in need,” said Jon Campbell, executive vice president of Government and Community Relations at Wells Fargo. “We hope our contribution will help the people in this community address their very vital, immediate needs and begin the longer process of recovery.”

“The impact of this storm on this community is simply staggering,” said Rick Folmar, Oklahoma and Northwest Arkansas complex manager for Wells Fargo Advisors. “We are currently providing assistance to all of our customers who were affected by it. There are many people in need here, and we will help them recover and rebuild.”

Wells Fargo is waiving late fees for affected Oklahoma customers in FEMA disaster areas from May 21 through May 28 on credit cards and certain small business and consumer loans, including mortgage, home equity, auto, student, and personal loans.

Wells Fargo team members will continue to work with the American Red Cross to support relief efforts and help these communities recover. It is one of many community-focused efforts that Wells Fargo supports year-round.

Wells Fargo Home Mortgage customers in Oklahoma who were affected by the tornadoes should contact our Disaster Assistance Team at 888-818-9147 as soon as they can to discuss payment arrangements or for assistance with property insurance loss claims. The team is available Monday through Friday from 6:00 a.m. to 10:00 p.m., and Saturday from 8:00 a.m. to 2:00 p.m., Central Time, to help and offer guidance and information about loans and assistance programs.

All other customers impacted by the tornado who need assistance can contact Wells Fargo 24 hours a day, seven days a week at 1-800-TO-WELLS (1-800-869-3557).

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.4 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, and the Internet (wellsfargo.com), and has offices in more than 35 countries to support the bank’s customers who conduct business in the global economy. With more than 270,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 25 on Fortune’s 2012 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy all our customers’ financial needs and help them succeed financially. In 2012, the Company invested $315.8 million in grants to 19,500 nonprofits, and team members contributed more than 1.5 million volunteer hours around the country. For more information, please visit: www.wellsfargo.com/about/csr.

Contacts:

Wells Fargo & Company
Jim Nawrocki, 415-222-1940 (Media)

Source: Wells Fargo & Company