Wells Fargo is issuing the following statement:
“Wells Fargo values the State of Ohio’s business and will fight to earn
it back.
“Wells Fargo manages its business with the State of Ohio in business
lines that are separated from our retail bank: Wells Fargo Securities,
which provides the state with access to U.S. capital markets, and
Government & Institutional Banking, which specializes in commercial
banking. Our retail bank operates one branch in Ohio.
“In the meantime, Wells Fargo will continue to serve our Ohio customers
and be the same, committed community partner in the state. In 2015, we
contributed $1.1 million to nearly 145 Ohio nonprofits and schools and
an additional $374,982 was donated to Ohio schools through Wells Fargo’s
team member matching grants program. Our Ohio team members contributed
$176,750 through our annual Community Support and United Way Campaign.
Our local team members also volunteered more than 17,000 hours.”
About Wells Fargo
Wells Fargo & Company (NYSE:WFC) is a diversified, community-based
financial services company with $1.9 trillion in assets. Founded in 1852
and headquartered in San Francisco, Wells Fargo provides banking,
insurance, investments, mortgage, and consumer and commercial finance
through more than 8,600 locations, 13,000 ATMs, the internet
(wellsfargo.com) and mobile banking, and has offices in 36 countries and
territories to support customers who conduct business in the global
economy. With approximately 268,000 team members, Wells Fargo serves one
in three households in the United States. Wells Fargo & Company was
ranked No. 27 on Fortune’s 2016 rankings of America’s largest
corporations. Wells Fargo’s vision is to satisfy our customers’
financial needs and help them succeed financially. Wells Fargo
perspectives are also available at Wells
Fargo Blogs and Wells
Fargo Stories.
