Wells Fargo to give $110,000 to Bay Area nonprofits on behalf of Wachovia customers, team members
SAN FRANCISCO.– Wells Fargo & Company (NYSE: WFC) today announced it will provide grants totaling $110,000 to eight Bay Area nonprofit organizations as part of Wells Fargo and Wachovia’s integration activities. Grants to 35 nonprofits throughout California total $420,000. Based on voting by Wachovia customers and team members, the grants are part of a broader 2010 integration-related charitable effort to provide more than $1 million to organizations serving local communities.
The donations mark a Wells Fargo-Wachovia integration milestone. Wachovia’s financial centers in California will become Wells Fargo banking stores in April. California is one of the first Community Banking states where the Wells Fargo name will be rolled out to Wachovia financial centers.
In December, Wachovia customers and team members received ballots by mail, asking them to vote for their top choice from five Bay Area nonprofits. Voting ended Jan. 4. Recipient nonprofit organizations and the amount of the grants are:
 *         Food Bank of Contra Costa and Solano County – $25,000
*          Alameda County Community Food Bank – $15,000
*          Junior Achievement of Northern California – $15,000
*          La Clinica de la Raza – $5,000
*          Eden Housing, Affordable Housing Developer – $5,000

*          Second Harvest Food Bank of Santa Clara and San Mateo – $25,000
*          Leukemia & Lymphoma Society, Silicon Valley & Monterey Bay Chapter – $15,000
*          Bay Area Discovery Museum – $5,000

The checks will be presented later this spring.
 There are six states where both Wells Fargo and Wachovia have retail banking operations: Arizona, California, Colorado, Illinois, Nevada and Texas. Integration for California is planned for April after integration in Arizona and Nevada in March. Texas integration is planned for later in 2010, and Wachovia integration to Wells Fargo in the east and southeast is planned through 2011.
 Until integration, it’s business as usual for customers, and they should continue banking where they do today.