Each year, Wells Fargo and their employees help United Way impact the lives of more than 61 million people in their local communities. Our combined efforts help boost the economic circumstances of individuals and families, support critical hunger needs and support access to jobs and job skills.Wells Fargo has long been committed to United Way’s mission of improving lives and building stronger communities. Their focus is on helping individuals and families get on more solid financial ground.
Wells Fargo and United Way have been partners together since the 1800s. Together, our partnership has supported thousands of communities around the world. And our impact is measurable - in 2018 alone, we helped more than 100,000 children recieve quality early education, connected almost 300,000 people to job training opportunities, provided 700,000 children with academic enrinchment outside of school and helped almost 500,000 people participate in healthy food and nutrition or physical activity.
And that's not all.
Wells Fargo donated $5 million to seed United Way’s Jobs United Fund, to help young people and veterans get and keep good jobs. They also donated another $5 million towards reducing hunger and boosting hunger-prevention activities in 27 communities around the world. And, Wells Fargo contributed more than $20 million to support work across communities, through grants that will focus on creating and implementing programs to fight hunger and increase access to necessary skills for living-wage jobs.
We worked together on a national food drive in 2017 that generated 250,000 pounds of food that helped re-stock food pantries during one of the busiest times of year.
And thanks to Wells Fargo's $5 million grant, United Way was able to create the Financial Capability Network, which has helped more than 42,000 low- and moderate-income families meet with a financial coach in eight communities. Of those, 32,500 achieved at least one of their personal financial goals including increasing income, reducing debt, improving credit scores, increasing savings or improving their debt-income ratio.
Wells Fargo team members actively engaged with United Way
clients received financial coaching
clients who reduced their debt as a result of Wells Fargo financial coaching
HOLIDAY FOOD BANK
There are more than 1-in-8 Americans relying on food banks and pantries for meals. That's why in 2017, Wells Fargo launched its Holiday Food Bank, a joint effort with United Way, to bring Wells Fargo team members and communities together to fight hunger in the U.S. Through Dec. 17, 2017, the Holiday Food Bank helped provide more than 3.8 million meals through donations and nonperishable food collected at bank branches and mobile pop-up food banks.
In 2017, Wells Fargo and United Way served more than 233,800 meals to families most in need. One Holiday Food Bank beneficiary was Amy Millar, a mother of three in Pennsylvania who unexpectedly became a single parent. Food donated to the Seeds of Hope food pantry in Pennsylvania, during the campaign helped Amy serve her family a holiday dinner of baked ziti and ham, as well as a Christmas Day breakfast of pancakes, eggs and bacon.
Thanks to the food pantry, Amy was able to make ends meet without sacrificing holiday gifts for her children. The experience also helped Amy further connect to her community and reduced her stress during a time of celebration with friends and family.
FINANCIAL CAPABILITIES NETWORK CHANGES LIVES
In 2012, Wells Fargo donated $5 million to create the Financial Capability Network with United Way to find new ways to help people become more financially stable. The key: build a financial stability network in eight communities across the country (Atlanta, Ga.; Des Moines, Iowa; Jacksonville, Fla.; Houston, Tex.; Miami, Fla.; Phoenix, Ariz.; San Francisco, Calif.; and Winston-Salem, N.C.), leading to new ideas and better collaboration.
The focus on financial coaching, helping people fortify their financial stability by getting educated and taking action has yielded clear results, helping some 18,000 clients increase their income, 6,900 reduce their debt, and more than 30,000 low-income families take important steps toward financial stability.
FCN GIVES EMPLOYEES AN OPPORTUNITY TO GIVE BACK AND GROW PROFESSIONALLY
Jeremy Quintanilla sees a direct link between financial stability and community strength, yet he feels children don’t always learn about it in school.
“Financial education is missing from the education system in Arizona,” Quintanilla, a Wells Fargo regional business relationship manager in the Phoenix area, said. “If students are better equipped to handle finances, they’ll make better decisions, which will lead to community stability.”
Through the partnership with United Way, Quintanilla has taught financial education to high school students through the Destination Graduation program and facilitated courses on credit basics to financial coaches throughout the valley, so people can better understand creditworthiness and how interest rates and terms impact payments.
He has been volunteering with Valley of the Sun United Way since 2015 but has been interested in nonprofits since graduate school. He’s proud of the emphasis Wells Fargo places on supporting communities and enjoys using his financial skills outside the bank to help others.As it turns out, it’s helped him professionally as well. His work with United Way helped him develop leadership skills that made him stand out at the office. “I don’t think I would have been promoted so quickly to branch manager if I hadn’t been so involved with supporting my community,” he said. He’s also applying these skills to community development in his off hours.
“Without these opportunities, I don’t think I would have understood how communities work,” he said, noting that his bank’s emphasis on volunteering has made his job more enjoyable and kept him more engaged. “That’s one of the reasons I love Wells Fargo.