Goal to help students build the foundation to strong financial future
HOUSTON, April 20, 2015 – Wells Fargo today announced it will host a Teen Financial Education Day at all of its banking locations in Texas on Saturday, April 25, reaffirming the company’s commitment to financial education and helping its customers succeed financially.
The event will help educate students and their parents about the importance of money management, establishing credit and preparing to pay for college. By providing financial education resources and complimentary financial reviews, Wells Fargo’s Teen Financial Education Day will inspire teens and young adults to build the foundation to a strong financial future.
“At Wells Fargo, we’re committed to the financial success of our customers and the communities we serve,” said John Sotoodeh, Regional Banking Executive for Wells Fargo’s Southwest Region. “We’re excited to have an opportunity to invest in the financial future of students by hosting this event at our Texas banking stores.
Teens and parents visiting the stores will find:
- Special seminars on budgeting, saving, and managing money using Wells Fargo’s Hands on Banking® curriculum.
- Overviews of the Get College ReadySMwebsite and 2014 CollegeSTEPS® (PDF) magazine.
- “Planning for College” and “Your Financial Aid Journey in 5 Steps” resource guides, along with other college preparation materials.
Wells Fargo has more than 700 banking locations taking part in this event across Texas Since business hours vary by location, Wells Fargo encourages people interested in attending Teen Financial Education Day to contact their local Wells Fargo banking store for additional information.
Last year, Wells Fargo gave $2.9 million to support education in Texas. Team members across the country donated $16.2 million of their own money to schools, which was then matched dollar-for-dollar by Wells Fargo. In total, Wells Fargo contributed $71.6 million nationwide to schools in 2014.
About Wells Fargo’s Hands on Banking program
Wells Fargo’s financial education curriculum, the Hands on Banking program is free, fun and easy to use. It provides the essentials of financial education, real-world skills and knowledge everyone can use, including how to:
- Use tools, such as a spending plan, to make the most of your money
- Protect against identity theft and other scam
- Use credit wisely to build a good credit score and avoid too much debt
- Create a financial future through saving, investing and building wealth
- Master the financial aspects of homeownership
- Start, manage and grow a small business while maximizing the chance for success
Available in both English and Spanish, the Hands of Banking program is offered free on the Internet (www.handsonbanking.org) for adults, young adults and school-aged children without commercial content or product placement.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.7 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance services through more than 8,700 locations, 12,500 ATMs, and the internet (wellsfargo.com), and has offices in 36 countries to support customers who conduct business in the global economy. With approximately 265,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 29 on Fortune’s 2014 rankings of America’s largest corporations. In 2014, the Company donated $281.2 million in grants to 17,100 nonprofits, and team members contributed 1.74 million volunteer hours around the country. Wells Fargo’s vision is to satisfy all our customers’ financial needs and help them succeed financially. Wells Fargo perspectives are also available at Wells Fargo Blogs and Wells Fargo Stories.