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Wells Fargo Honored for Philanthropic Achievements

Proving that financial and mortgage professionals do take a break from the bank occasionally, ""Wells Fargo"":https://www.wellsfargo.com/ recently received an award from ""United Way"":www.unitedway.org/ in honor of the company's volunteer activities.

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Wells Fargo was granted the Summit Award for its ""exceptional volunteer engagement,"" through which the financial institution raises $56 million annually for the United Way. In an official statement, United Way revealed that Wells Fargo's team

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members volunteered an estimated 1.5 million hours in 2011, representing a 10.8 percent increase year-over-year. Wells Fargo attributes its successful philanthropic and volunteerism initiatives to the unique Volunteer Leave Program that gives employees up to four months of paid leave for work on a significant volunteer project that impacts a nonprofit organization or school.

""Wells Fargo continues to set a very high bar when it comes to community investment and a company-wide commitment to improving the lives of individuals and families,"" said Brian Gallagher, United Way Worldwide's president and CEO. ""Wells Fargo is United Way's largest campaign in the U.S. Their generosity is matched by their willingness to become directly involved in community solutions. Last year, their employees volunteered more than one million hours to nonprofits in communities across the nation.""

This year, United Way's Spirit of America and Summit Awards are celebrating 25 years of extending national honors to deserving corporations. Both recognition programs seek to recognize United Way's group of Global Corporate Leaders for their comprehensive commitments to strengthening communities.

About Author: Abby Gregory

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