Wells Fargo has committed $1.1 million for Hurricane Irma relief efforts in Florida and the Caribbean.
The company will donate half a million dollars to the American Red Cross Disaster Relief Fund, $500,000 to local nonprofits focused on hurricane relief efforts and $100,000 to the International Medical Corps, which is providing disaster relief efforts in the Caribbean.
“Our thoughts and prayers are with everyone in Florida and the Caribbean who has endured Hurricane Irma and its destruction,” Wells Fargo CEO and President Tim Sloan said in a statement. “Wells Fargo is committed to working with organizations and agencies to help our communities recover and we will determine the best way to support any additional efforts in the days and weeks ahead.”
Wells Fargo said in an effort to help its customers who were impacted by Hurricane Irma, it is offering a 90-day payment relief on credit cards, student and auto loans, home mortgages, home equity and retail small business loans and lines of credit to those in FEMA-declared areas. The bank said it will also wave late fees, debit card over-the-counter cash disbursement fees and non-Wells Fargo ATM fees to its customers in FEMA-declared areas. The bank will also be deploying mobile ATMs to areas throughout the state.