Austin, TX–(HISPANIC PR WIRE)–July 14, 2003—Wells Fargo announced today a community-based program created to help financially support public schools during a time of unprecedented budget shortfalls. In Texas alone, state and school budgets are millions of dollars short of what’s needed for education in the coming year.
Through the Team Up for Our Schools program, Wells Fargo will donate up to $30 to local school districts when new accounts are opened between July 14 and Sept. 13. When customers open new consumer checking accounts with direct deposit, including free checking, Wells Fargo will donate $10 to the school district where the Wells Fargo store is located. Wells Fargo will donate an additional $10 to the school district when a consumer Wells Fargo Package(SM) is opened and another $10 when new or existing customers sign up and use Wells Fargo Bill Pay, a service to pay bills online.
Wells Fargo will kick off the program at the upcoming National Council of La Raza convention in Austin on July 14th. A Diamond Sponsor of the event, Wells Fargo will re-create a Community Banking Store on site to provide an opportunity for participants to make an immediate impact and help support their schools.
“Just like many in the community, we at Wells Fargo are aware of the challenges our public schools face given current budget deficits,” said Mark Curry, Wells Fargo community banking president for Austin. “The Wells Fargo Team Up for Our Schools program was created to give our community, our customers and our team members a chance to become part of the solution. Together, it’s one more way that we can help make sure students feel less of the budget pinch.”
In the past three years alone, Wells Fargo contributed more than $60 million to schools and educational programs across the country.
Wells Fargo & Company is a diversified financial services company with $370 billion in assets, providing banking, insurance, wealth management and estate planning, investments, mortgage and consumer finance from more than 5,800 stores and the Internet (http://www.wellsfargo.com) across North America and elsewhere internationally.