OREANDA-NEWS. Wells Fargo & Company (NYSE: WFC) said today the company will donate \$275,000 for relief efforts to support those impacted by severe flooding and property damage caused by recent storms in Texas. Wells Fargo will contribute \$100,000 to the American Red Cross, and work with officials in the affected areas to distribute \$175,000 in aid to local non-profits to support additional recovery efforts.

Additionally, from May 29 through June 15 Wells Fargo customers can donate to the American Red Cross at Wells Fargo ATMs in Texas. Customers will not be charged a fee for using this service and 100 percent of the donations will be sent to the Red Cross. Wells Fargo Rewards® customers can redeem any amount of their redeemable rewards balance as a donation to American Red Cross Disaster Relief from May 29 through June 7 by accessing their rewards account at MyWellsFargoRewards.com or calling the Wells Fargo Rewards Service Center at 1-877-517-1358.

“Wells Fargo is committed to helping those in Texas affected by the storms recover from this devastating event," said John Sotoodeh, Southwest Regional Banking Executive at Wells Fargo. "The Red Cross, as well as countless local non-profits, charitable organizations, and government agencies, do tremendous work assisting our communities in their time of need. We hope our contributions and the contributions of our customers will play an important role in supporting the recovery and rebuilding efforts. Our thoughts are with everyone impacted in communities across Texas during this challenging time.”

Customers impacted by the storms may discuss their financial options by contacting Wells Fargo 24 hours a day, seven days a week at 1-800-TO-WELLS (1-800-869-3557), or by visiting their nearest Wells Fargo store.