ALEXANDRIA, Va., Feb. 19, 2014 /PRNewswire/ -- Wells Fargo & Company (NYSE: WFC) has been named the largest workplace campaign in the U.S. in 2013, according to United Way Worldwide. This is the fifth consecutive year Wells Fargo has earned this top honor. Wells Fargo contributed $16.4 million to United Way in 2013, and its team members pledged more than $64.9 million during the company's annual giving campaign, bringing the company's United Way campaign total to over $81 million.
"Wells Fargo's leadership and commitment to creating stronger communities set the pace for other companies to follow," said Stacey D. Stewart, U.S. president, United Way Worldwide. "Wells Fargo and its team members are generously giving and volunteering to improve lives and the long-term economic stability of families throughout the U.S."
Wells Fargo also recently committed $5 million to United Way to support a five-year, comprehensive national network to improve the financial capability of low- and moderate-income households. This partnership creates lasting change in communities by ensuring individuals and families have the knowledge and tools to succeed financially and plan for the future.
Additionally, Wells Fargo team members volunteered 1.69 million hours in 2013, including a robust skilled volunteerism program with a special focus on financial literacy, plus the company offered fully paid leave to team members to work on a significant nonprofit project for up to four months. In 2013, United Way recognized Wells Fargo with its highest awards for volunteer engagement.
Wells Fargo is a member of the United Way Global Corporate Leadership program, an elite group of the world's top companies dedicated to leveraging their assets – corporate resources, employee engagement and consumer reach -- to create opportunities for a better life for all people in the areas of education, income and health. Wells Fargo has been recognized by Forbes, Businessweek, Newsweek, Barron's and The Chronicle of Philanthropy as one of the world's most admired, most generous and most respected companies. Join @UnitedWay and congratulate @WellsFargo on Twitter.
SOURCE United Way Worldwide