LEADING PRIVATE EMPLOYER We’re among Nebraska’s largest 50 private employers: 1,300 team members.
REGIONAL HEADQUARTERS Omaha is home to the company’s Nebraska Regional Banking division. Since 2005, we’ve added four new retail and mortgage stores in Nebraska, expanded two existing retail stores and remodeled three others. We recently launched our Private Bank in Omaha and are renovating our downtown Omaha location.
STORES We are the second-largest financial institution in Nebraska, based on deposit market share, with locations in 15 communities (2007 FDIC Summary of Deposits). Our team members serve customers across the state through 48 retail stores, three Wells Fargo Home Mortgage stores, 10 Wells Fargo Financial stores and 89 ATMs.
COMMUNITY LEADER We are Ak-Sar-Ben’s River City Roundup 2007 Heritage Award winner for our contributions to the Omaha community as well as the recipient of the Nebraska Bankers Association’s Get Smart About Credit Day Award. We marked a milestone in our giving to Habitat for Humanity of Omaha: one million dollars since 1999.
HISTORY In 1866, in an agreement named the “Treaty of Omaha,” we consolidated operation of the West’s major stage lines across 3,000 miles of territory from California to Nebraska. In 1867, we opened our first banking store in Omaha. In 1873, we hired Mary Taggart to run our office in Palmyra. She was the first of more than 350 female agents of Wells Fargo & Company. When a tornado touched down in Omaha on Easter Sunday in 1913, company offices and stables narrowly escaped damage, and Wells Fargo quickly pledged donations to support tornado victims and free transport of relief goods.
Serving Nebraska Customers and Communities
| CORPORATE GIVING |
We donated $1.6 million in 2007 to 580 nonprofits and schools in Nebraska. This includes $96,000 that Wells Fargo matched when team members contributed to pre-K through college educational institutions.
Each year we organize a community support campaign to raise more funds for our communities. In 2007, our team members raised $150,000 for nonprofits in Nebraska. |
| COMMUNITY DEVELOPMENT |
Wells Fargo Bank, N. A. is rated “Outstanding,” the highest possible rating, by the Office of the Comptroller of the Currency (OCC) for its performance under the Community Reinvestment Act (CRA) in its Performance Evaluation dated September 30, 2004. We were rated “Outstanding” in 22 of our 23 community banking states.
In 2006, we made $9.8 million in CRA-qualified community development loans and investments throughout Nebraska – financing affordable housing, community services, and economic development.
A $300,000 Wells Fargo loan, called a Community Development Equity Equivalent Debt Investment, helped the Midwest Housing Development Fund provide developers with capital to build affordable rental housing. Since 2000, the program has created 300 new housing units for low-income individuals in Nebraska and Iowa.
Since its inception in 2003, the Wells Fargo Housing Foundation has provided $345,000 to support the Seven Days of Service project, a unique collaboration between Wells Fargo, Family Housing Advisory Services and the University of Nebraska at Omaha Service Learning Academy. The project rehabilitates homes that are owned by local nonprofits and will be sold to low- and moderate-income individuals. |
| DIVERSITY |
We have many programs and services to serve the financial needs of our Nebraska customers who are ethnically diverse. Many of our stores have bilingual team members and non-English language signs and brochures. All of our Nebraska ATMs feature six languages – English, Spanish, Hmong, Chinese, Korean and Vietnamese.
Team members participate in Nebraska’s Team Member Resource Group (TMRG), called Minorities on the Rise (MOTR). TMRGs promote awareness of cultural groups and offer career development, networking, mentoring and community outreach. |
| SUPPLIER DIVERSITY |
In 2006 we spent $700,000 with Nebraska-based businesses owned by people of color, women, and people with disabilities. |
| EDUCATION |
We support local education by teaming with numerous Nebraska schools, including Marrs Middle School and Conestoga Magnet Center in Omaha, to provide banking and financial literacy programs. |
| FINANCIAL EDUCATION |
Wells Fargo’s financial education program, Hands on Banking®/El futuro en tus manos®, teaches children, teens and adults with free, comprehensive money management skills. Nebraska team members work with nonprofits and schools to teach individuals and small businesses, and participate in workshops held by local chapters of Junior Achievement.
In 2007, more than 190 team members volunteered at 28 schools and taught 2,600 children as part of National Teach Children to Save Day. |
| ENVIRONMENT |
Wells Fargo’s purchase of renewable energy certificates offsets electricity consumption and supports wind farms, such as the Ainsworth Wind Energy Facility in Ainsworth, Nebraska. |
| HOUSING |
We are the No. 1 home lender in Nebraska, according to the most recent government data, originating more than 9,500 mortgage loans totaling more than $1 billion in 2006. We are also the leading lender to low- and moderate-income customers, with almost 3,000 loans, and to people of color, with more than 1,000 loans.
The Wells Fargo Housing Foundation has donated $2.6 million to housing nonprofits in Nebraska since 2001. We offer funding when team members help build or rehabilitate a home for low-to moderate-income families.
We are a member of Omaha 100 Inc., a consortium of eight financial institutions working to create new homeownership opportunities for low- to moderate-income families in the inner city, and to provide financial support to the nonprofit affordable housing developers that furnish the clients. We provide an annual $10,000 grant to support the operation. |
| SMALL BUSINESS |
In Nebraska, we’re the No. 1 Small Business Administration lender in dollars. We are also the No. 1 small business lender (for loans under $100,000), extending more than $157 million statewide (2006 Community Reinvestment Act). |
| VOLUNTEERISM |
In 2007, 475 Nebraska team members used VolunteerWellsFargo!, the company’s internet-based tool, to report 18,000 volunteer hours – a dollar value of $336,000. They served as mentors, board members, project heads, fundraisers, educators, and more. | |
