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        • Today Bitcoin Price at $6,800 USD
        • Pandemic Is Changing BTC Usage in ‘Unexpected Ways’
        • Macropay on Alternative & local payment methods that are reshaping global e-commerce
        • Bank of America is preparing for a flood of Applications to Small-Business Loan
        • Microsoft might be the best tech stock in this market
        • US Airlines To Work Collectively, Consolidate Flights
        • Bank of America maintaining business continuity and protecting the bottom line
        • US long-term mortgage rates drop
        • Bitcoin Price Bulls have been rejected at $7,000
        • Stock Market: 4 Top Stock Trades for Wednesday: NVDA, AVGO, BAC, IQ
        • Stock Market April 2 – Edge Higher; Oil Surges, Bonds Fall, Dollar Rose
        • Chase bank will raise up to $10 billion
          • Bitcoin Price Simply Surged to $6,500 After Over 10% Weekend Crash
          • Today Bitcoin Price at $7,000: BTC Leaps to Retest $7,000
          • Bank of America agreed to allow 50,000 mortgage customers to defer payments
        • Bitcoin Price Prediction April: Three Key Causes Why BTC May Plunge Beneath $5,000
          • Roll up the Sleeves! American Airlines was down -10.34%
          • Mortgage calculator rates today April 2, 2020
          • Mortgage Calculator Small businesses: SB have ‘a million inquiries’ regarding check help loans
          • Bitcoin Price Today April 1 – Bitcoin Takes Tumble
            • With Bank of America card you can request a payment deferral online
              • Bank of America fields 150,000 installment deferral demands
            • Coronavirus – Travel Insurance no cover cancellations
              • Bank of America said it won’t cut any positions
          • Bitcoin Price Today April 2 – BTC rise to $6,700
          • Mortgage calculator rates today March 31, 2020
          • Bitcoin Price Momentum Sign Reverses, Bull Run Lastly Inbound?
          • Bitcoin Price Recovering After a Sharp Decline
          • Fintech News Airbnb – How hosts are fighting back against Covid-19 fallout
          • Market Stock Boeing – Challenging Times Ahead for Boeing Stock
        • Bank of America U.S. Minimum Hourly Wage Reaches $20
          • Bitcoin Price Bulls – is Forming a Bull Cross After Rallying to $6,500
          • P2P Crowdlending – Average Interest Rate 18%
          • $633 Million BTC Transferred For Simply $0.26 Payment
        • Prime ICO Advertising and marketing Companies
        • Bank of America will provide up to $250 million
        • Bank of America VC: You tend to do the wrong thing at the wrong time
          • Bitcoin Price Jump as Coronavirus Curve Begins to Flatten
            • Bitcoin Price Today April 3
            • Bitcoin Price Is Sometimes Bullish in Q2
            • Bitcoin Price Tumble Beneath $ 6,000
            • BTC Price Today 5 | April, 2020
            • Bitcoin Price and S&P 500 – Here’s how much bitcoin beat the Dow and S&P 500 in the first quarter
              • Today Bitcoin Price at $6,600
                • Bitcoin Price Bulls Reaches: “Live or Die”
                • BTC Price Today | 6 April 2020
          • Bank of America sees big year for Microsoft ahead
            • American Airlines coronavirus downgrade
              • Bitcoin Price Rejected $6,600
              • Bitcoin Price Trace It Will Fall to $ 5 K
              • BTC Price Today April 4
                • Stock Market Today 31 March, 2020
              • US Bank Raises $586M Against COVID-19
                • Bank of America’s Solid Liquidity to Help Covid-19 Crisis
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        • Mortgage rates today, April 3, 2020 plus reviews
          • cmc currency details
            • cmc exchange details
              • Shortcodes
        • Microsoft Vulnerability: Hundreds of Microsoft Servers Contaminated By Crypto-Mining Botnet Since 2018
          • Cision PR Newswire
          • Coupons – Best websites
            • Aeromexico Rewards Chart
            • Get Avios Points Free
        • Today Bitcoin Price at $6,800 USD
        • Pandemic Is Changing BTC Usage in ‘Unexpected Ways’
        • Macropay on Alternative & local payment methods that are reshaping global e-commerce
        • Bank of America is preparing for a flood of Applications to Small-Business Loan
        • Microsoft might be the best tech stock in this market
        • US Airlines To Work Collectively, Consolidate Flights
        • Bank of America maintaining business continuity and protecting the bottom line
        • US long-term mortgage rates drop
        • Bitcoin Price Bulls have been rejected at $7,000
        • Stock Market: 4 Top Stock Trades for Wednesday: NVDA, AVGO, BAC, IQ
        • Stock Market April 2 – Edge Higher; Oil Surges, Bonds Fall, Dollar Rose
        • Chase bank will raise up to $10 billion
          • Bitcoin Price Simply Surged to $6,500 After Over 10% Weekend Crash
          • Today Bitcoin Price at $7,000: BTC Leaps to Retest $7,000
          • Bank of America agreed to allow 50,000 mortgage customers to defer payments
        • Bitcoin Price Prediction April: Three Key Causes Why BTC May Plunge Beneath $5,000
          • Roll up the Sleeves! American Airlines was down -10.34%
          • Mortgage calculator rates today April 2, 2020
          • Mortgage Calculator Small businesses: SB have ‘a million inquiries’ regarding check help loans
          • Bitcoin Price Today April 1 – Bitcoin Takes Tumble
            • With Bank of America card you can request a payment deferral online
              • Bank of America fields 150,000 installment deferral demands
            • Coronavirus – Travel Insurance no cover cancellations
              • Bank of America said it won’t cut any positions
          • Bitcoin Price Today April 2 – BTC rise to $6,700
          • Mortgage calculator rates today March 31, 2020
          • Bitcoin Price Momentum Sign Reverses, Bull Run Lastly Inbound?
          • Bitcoin Price Recovering After a Sharp Decline
          • Fintech News Airbnb – How hosts are fighting back against Covid-19 fallout
          • Market Stock Boeing – Challenging Times Ahead for Boeing Stock
        • Bank of America U.S. Minimum Hourly Wage Reaches $20
          • Bitcoin Price Bulls – is Forming a Bull Cross After Rallying to $6,500
          • P2P Crowdlending – Average Interest Rate 18%
          • $633 Million BTC Transferred For Simply $0.26 Payment
        • Prime ICO Advertising and marketing Companies
        • Bank of America will provide up to $250 million
        • Bank of America VC: You tend to do the wrong thing at the wrong time
          • Bitcoin Price Jump as Coronavirus Curve Begins to Flatten
            • Bitcoin Price Today April 3
            • Bitcoin Price Is Sometimes Bullish in Q2
            • Bitcoin Price Tumble Beneath $ 6,000
            • BTC Price Today 5 | April, 2020
            • Bitcoin Price and S&P 500 – Here’s how much bitcoin beat the Dow and S&P 500 in the first quarter
              • Today Bitcoin Price at $6,600
                • Bitcoin Price Bulls Reaches: “Live or Die”
                • BTC Price Today | 6 April 2020
          • Bank of America sees big year for Microsoft ahead
            • American Airlines coronavirus downgrade
              • Bitcoin Price Rejected $6,600
              • Bitcoin Price Trace It Will Fall to $ 5 K
              • BTC Price Today April 4
                • Stock Market Today 31 March, 2020
              • US Bank Raises $586M Against COVID-19
                • Bank of America’s Solid Liquidity to Help Covid-19 Crisis
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      • Is Discover Visa or Mastercard?
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      • Walmart Money Card – Review
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      • Best Mortgage for Low Down Payment 2020
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    • Mortgage Calculators
      • Mortgage calculator rates today April 1, 2020
      • Mortgage Calculator – Students Benefits
      • Mortgage Calculator – Homeowners and renters Get Payment Relief
      • Calculator for mortgage to millennials
      • Mortgage Calculator Modification – What Is?
      • Mortgage Calculator Canada: Rates Are Rising
      • Mortgage Calculator Home – Is it time to repair your own home mortgage?
      • Mortgage Calculator
      • Mortgage Calculator Rates Today April 3
      • Mortgage Calculator Online
      • Mortgage Calculator Coronavirus: UK mortgage market goes into lockdown
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      • Stimulus Check
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      • Roundpoint Mortgage
      • Midland Mortgage
      • Simple Mortgage Calculator
      • Freedom Mortgage
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      • WTI Oil Prices
      • Brent Crude
      • Crude Oil
    • Agricultural Products
      • Corns
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      • Lean Hogs
    • Precious Metals
      • Platinum
      • Gold
        • Best Place to Buy Gold
        • Price of Gold
        • 5 Ways In order to Buy Gold
        • Gold Price Chart
        • Gold Futures
      • Silver
    • Industrial Metals
      • Copper
  • Insurtech
    • Insurtech “Best of…”
      • Best Life Insurance of 2020
      • The Best Renters Insurance Companies 2020
      • Best Pet Insurance Providers of 2020
      • Best Home Insurance Companies for 2020
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Wells Fargo Publicizes Help for Clients and Communities Impacted by COVID-19 | Coronavirus

Judie Simms by Judie Simms
March 21, 2020
in Mobile Banking
0

Home » Wells Fargo Publicizes Help for Clients and Communities Impacted by COVID-19 | Coronavirus

SAN FRANCISCO–(BUSINESS WIRE)–Mar 20, 2020–

Wells Fargo & Firm (NYSE: WFC) right this moment introduced further complete steps to assist clients, communities and staff grappling with the influence of COVID-19. The corporate has suspended residential property foreclosures gross sales, evictions and involuntary auto repossessions. Moreover, the Wells Fargo Basis will enhance its charitable donations to $175 million to assist tackle meals, shelter, small enterprise and housing stability, in addition to to offer assist to public well being organizations.

“The coronavirus is disrupting the every day lives of many individuals all over the world, and Wells Fargo has taken — and can proceed to take — the steps wanted to help our clients, staff and communities throughout this troublesome time,” stated CEO Charlie Scharf. “We’ll proceed to judge this fluid scenario and take further motion as mandatory.”

Wells Fargo is taking a number of different steps to satisfy the wants of consumers, function safely and successfully and cut back the chance to staff and clients, recognizing that the corporate gives essential and important providers to the soundness of the economic system and the monetary wellbeing of consumers.

Assembly buyer wants

Wells Fargo is working each day to place measures in place to help the wants of consumers impacted by COVID-19 in the simplest methods doable. Wells Fargo is suspending residential property foreclosures gross sales, evictions and involuntary car repossessions. The corporate is also providing price waivers, fee deferrals and different expanded help for bank card, auto, mortgage, small enterprise and private lending clients who contact the corporate.

Moreover, Wells Fargo continues to take the motion wanted to make sure it might greatest serve clients, whereas additionally prioritizing worker and buyer security. The corporate is briefly closing some branches, adjusting working hours of branches, relocating staff to busier branches and using drive up as an alternative of lobbies the place doable. Clients can verify Wells Fargo’s department locator for ATM areas and the standing of branches and might use cell and on-line banking instruments virtually anyplace 24 hours a day, seven days per week.

Throughout the corporate, together with in branches, contact facilities and company areas, the corporate is taking important actions to make sure security, together with enhancing social distancing measures, staggering workers and shifts, enabling do business from home for as many staff as doable and implementing an enhanced cleansing program.

Accelerated nationwide and native giving

Donations from the Wells Fargo Basis might be allotted through expedited grant-making on the native stage and in addition through aid efforts in partnership with nationwide organizations that work in quite a few key areas throughout the U.S. Assets might be centered on serving to nonprofits serve the fast wants of probably the most weak populations together with for meals, housing and different emergency wants. This features a $1 million grant to Feeding America to help their 200 member foodbanks as they work to feed folks throughout this time of disaster.

Charitable donations may also be centered on three key areas by means of collaboration with quite a few nationwide and native organizations – housing, small enterprise and monetary well being:

  • Housing stability: Funding might be allotted to essential housing wants reminiscent of serving to renters and owners keep of their houses by means of foreclosures prevention help, eviction help and monetary counseling and training.
  • Small enterprise: Assets might be deployed to satisfy the pressing wants of small companies, $2 million of which is able to concentrate on the deployment of versatile capital in collaboration with Alternative Fund and also will present fast money boosts and monetary teaching help of entrepreneurs and their low-wage staff in coordination with SaverLife.
  • Monetary well being: Donations will help efforts to make sure ongoing monetary well being for households and people together with for monetary counseling and training and thru grants to assist struggling hourly, part-time, lower-income and gig economic system staff navigate broad monetary stability challenges because of lack of earnings.

The Wells Fargo Basis may also help the creation of the Coronavirus Pandemic Monetary Resilience Useful resource Middle to assist the 100 million folks with disabilities and continual well being situations nationwide with various and accessible data and monetary counseling, 24 hours a day, seven days per week.

Supporting staff experiencing hardship

In an effort to help staff who might expertise their very own hardships, the Wells Fargo Basis will donate $10 million to its WE Care Fund, which gives sources to colleagues who face a catastrophic catastrophe or monetary hardship ensuing from an occasion past their management. This program is on the market to these affected by coronavirus and is meant to assist staff, particularly these with restricted sources, get again on their toes with primary requirements.

Wells Fargo has made a number of important enhancements to its U.S. advantages and time away packages to offer further help to all U.S. staff throughout this public well being emergency, together with profit enhancements particularly for workers straight affected by coronavirus by means of sickness or faculty closures.

About Wells Fargo

Wells Fargo & Firm (NYSE: WFC) is a diversified, community-based monetary providers firm with $1.9 trillion in belongings. Wells Fargo’s imaginative and prescient is to fulfill our clients’ monetary wants and assist them succeed financially. Based in 1852 and headquartered in San Francisco, Wells Fargo gives banking, funding and mortgage services, in addition to client and business finance, by means of 7,400 areas, greater than 13,000 ATMs, the web (wellsfargo.com) and cell banking, and has places of work in 32 nations and territories to help clients who conduct enterprise within the international economic system. With roughly 260,000 group members, Wells Fargo serves one in three households in the US. Wells Fargo & Firm was ranked No. 29 on Fortune’s 2019 rankings of America’s largest firms. Information, insights and views from Wells Fargo are additionally accessible at Wells Fargo Tales.

View supply model on businesswire.com:https://www.businesswire.com/information/house/20200320005601/en/

CONTACT: Beth Richek

CORPCSF@wellsfargo.com

704-374-2545

KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: PROFESSIONAL SERVICES PHILANTHROPY HEALTH INFECTIOUS DISEASES OTHER PHILANTHROPY FINANCE BANKING

SOURCE: Wells Fargo & Firm

Copyright Enterprise Wire 2020.

PUB: 03/20/2020 06:40 PM/DISC: 03/20/2020 06:40 PM

http://www.businesswire.com/information/house/20200320005601/en

Copyright Enterprise Wire 2020.

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