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Wells Fargo Center and ops building
Wells Fargo Center and ops building
Wells Fargo sells Portland tower and operations building to Starwood Capital Group (Photo) - 11/14/17

Wells Fargo signs lease for call center in Hillsboro

PORTLAND, Ore. -- Wells Fargo has sold its 40-story Wells Fargo Center building at 1300 S.W. Fifth Ave. in downtown Portland to a controlled affiliate of Starwood Capital Group, a leading global private investment firm.

Terms of the transaction were not disclosed.

The sale includes a five-story operations building across the street from the center at 350 S.W. Jefferson St.

Wells Fargo plans to lease back space and continue to be the anchor tenant in the Wells Fargo Center building, which will retain its name.

The sale will not result in any Wells Fargo employee reductions. Wells Fargo will continue to keep its bank branch and history museum in the building.

Wells Fargo first announced on June 14 that it was putting the property up for sale. The decision to sell is part of a long-term strategic real estate realignment in the Portland market that will enable the company to better serve its team members and manage future growth as customer and business needs change.

Establishing A Call Center in Hillsboro
Wells Fargo has also signed an agreement to lease a building at 23175 N.W. Bennett St. in Hillsboro, starting Jan. 1, 2018, that the company plans to use as a retail banking customer call center.

The building can accommodate up to 900 employees. Wells Fargo plans to relocate some existing team members there as well as new hires.

Wells Fargo will make extensive renovations to the new site and start moving in its first team members next summer. The company plans to start hiring the additional workers late next year.

Job Fair At Beaverton Call Center
In the meantime, Wells Fargo also plans to hire 45 fulltime phone bankers at its Barnhart call center, 18700 N.W. Walker Road in Beaverton. The company will host a job fair there 10 a.m. to 3 p.m. this Saturday, Nov. 18.

All interested applicants are encouraged to apply online at www.wellsfargo.com/about/careers.

If a prospective team member's application is accepted, they will be invited to schedule an on-site interview prior to the career fair. The position pays $14.15-$14.40 an hour with benefits and the opportunity for a quarterly bonus.

Walk-ins are welcome but will only be able to participate in an informational interview at the event.

About Wells Fargo
Serving Oregonians since 1852, Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.9 trillion in assets. Wells Fargo provides banking, insurance, investment, mortgage, and consumer and commercial finance services through 8,400 locations; 13,000 ATMs; the internet (wellsfargo.com) and mobile banking. Wells Fargo perspectives are available at Wells Fargo Stories.

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Wells Fargo's Overdraft Rewind to help customers stretch paychecks, avoid fees - 11/14/17

San Francisco -- Wells Fargo & Company has introduced a new feature that will automatically "rewind" overdrafts that are assessed on customers' accounts at a vulnerable time -- specifically the day before their payday direct deposit is received, when their account balances might be low.

With the new "Overdraft Rewind" feature, the bank will not charge overdraft or insufficient funds fees if a covering direct deposit is received the morning after their account is overdrawn. Customers do not need to take any action to receive the new benefit, automatically providing a better banking experience for millions of customers nationwide.

"We're always looking for new and better ways to help our customers manage their accounts, and many customers have told us that they are frustrated by unexpected overdrafts the day before their next paycheck is direct deposited into their account," said Ed Kadletz, head of Wells Fargo's Deposit Products Group.

"By looking back at a customer's prior-day transactions when a direct deposit is received by 9 a.m. local time, we're now able to effectively 'rewind' any overdrafts from the previous business day that are covered by that deposit, helping our customers to avoid overdraft fees and bridge the occasional gap between paychecks," said Kadletz.

Wells Fargo also announced today it will no longer charge overdraft fees for any transaction of $5 or less, further helping customers avoid unexpected fees when their account balances are low.

This new per-transaction threshold complements the bank's existing policy of not charging an overdraft fee if a customer's available balance and ending account balance is overdrawn by $5 or less and no items are returned for non-sufficient funds at the end of nightly processing. It is intended to help customers avoid additional overdraft fees for small transactions conducted after an account is initially overdrawn.

In June, Wells Fargo also introduced an alert that will automatically notify its Online Banking customers by email if their account balances drop to zero or less. The automatic alert, which customers can choose not to receive, expands on the wide variety of optional text and email alerts Wells Fargo has offered for a number of years.

On average, Wells Fargo sends out more than 1 million zero and low-balance alerts during the day, giving its 21 million Online Banking customers a chance to avoid an overdraft fee by making a deposit or transferring funds from another account.

The recently introduced overdraft improvements support Wells Fargo's commitment to help customers improve their financial health -- a challenge for many Americans today. Research shows that 57 percent of Americans are struggling financially, and 44 percent say they would not be able to cover a $400 emergency expense without selling something or borrowing money.

To help more Americans feel more stable and prepared for life's opportunities and challenges, Wells Fargo is providing a growing set of services that make it easier for customers to know where they stand, and make the right financial decisions based on their specific needs and goals.

How Wells Fargo Supports Financial Health
Wells Fargo seeks to provide its customers the personalized, proactive guidance and convenient financial resources they need to support their financial health. These include providing 68 million customers free access to their FICO Credit Score, and a Financial Health Conversations program that has provided personalized plans for more than 23,000 customers since the start of 2015. For Wells Fargo's easy-to-follow financial health guidelines and online tools, see One Little Thing, a financial health resource.

About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Wells Fargo's vision is to satisfy our customers' financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 8,400 locations, 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 42 countries and territories to support customers who conduct business in the global economy. With approximately 268,000 team members, Wells Fargo serves one in three households in the United States.

Stan Bowers and Mark Trupp with Wells Fargo and Andrea Dellinger with MWSF present Marcos Garcia with deed to mortgage-free home
Stan Bowers and Mark Trupp with Wells Fargo and Andrea Dellinger with MWSF present Marcos Garcia with deed to mortgage-free home
Federal Way veteran honored with deed to mortgage-free home during Veterans Day parade (Photo) - 11/13/17

Nov. 13, 2017 -- FORT VANCOUVER, Wash. -- U.S. Army veteran and Federal Way resident Marcos Garcia was awarded the deed for a mortgage-free home by Wells Fargo and the Military Warriors Support Foundation (MWSF) before the start of the Veterans Parade in Fort Vancouver, Wash. on Saturday.

Garcia was renting a duplex in Puyallup before moving into a three-bedroom, two-story townhouse three years ago in Federal Way, donated by Wells Fargo. In order to receive the deed to the townhouse, he completed a three-year MWSF program to develop the skills necessary to become a successful homeowner.

Working with a mentor, Garcia studied savings, money management and debt repayment. He abstained from making purchases on credit or deferred payment options. He also learned what is entailed in owning and maintaining a home, including paying property taxes.

"He is among our more than 800 veterans who have been awarded a home and paid off $18 million in debt, due to our Family and Financial Mentorship Program," said Andrea Dellinger, MWSF's vice president of media and marketing, at the pre-parade ceremony. "Without Wells Fargo, we couldn't be able to do this. We are so proud of you, Marcos. Congratulations."

Garcia is the only one in his family to own a home, he said. Becoming a homeowner means a lot more freedom, he added.

"It feels good to be the first in my family and to have that opportunity to say, 'I own my home.' It gives my family and friends something to look forward to," Garcia said.

"It's an honor to serve those who have served us," Wells Fargo District Manager Mark Trupp told Garcia, 34. "Thank you so much for that. Wells Fargo has donated more than 350 homes, valued at more than $55 million, to veterans such as you in all 50 states."

Garcia joined the Army in 2004 and was stationed at Fort Lewis before being wounded in 2007 during a mortar attack in Iraq. He retired from the military in 2008. He now uses a leg brace and crutches for mobility.

Garcia was awarded the Iraq Campaign Medal with Bronze Service Star, a Purple Heart, a Global War on Terrorism Service Medal, the Combat Infantryman Badge, National Defense Service Medal and Army Service Ribbon.

Wells Fargo and the Military Warriors Support Foundation are committed to helping veterans. The goal of Wells Fargo is to support MWSF's mission to successfully transition veterans back into civilian life after experiencing life-altering injuries.

Real estate property donations are part of Wells Fargo's long-standing commitment to giving back and revitalizing communities. Wells Fargo's partnership with MWSF helps to provide homes for deserving heroes, through the organization's Homes4Wounded Heroes program.

About Wells Fargo
Serving the Pacific Northwest since 1852, Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.9 trillion in assets. Wells Fargo provides banking, insurance, investments, mortgages, and consumer and commercial finance through 8,400 locations; 13,000 ATMs; the internet (wellsfargo.com) and mobile banking. Wells Fargo perspectives are available at Wells Fargo Stories.

About Military Warriors Support Foundation
Military Warriors Support Foundation is a 501(c)(3) non-profit charity, founded by LTG. Leroy Sisco (Ret), in 2007. Its mission is to provide support and programs that facilitate a smooth and successful transition for our Nation's combat wounded heroes and Gold Star families. Its programs focus on housing and homeownership, employment, as well as recreational activities and transportation assistance. Through its Homes4WoundedHeroes Program, the foundation awards mortgage-free homes to combat wounded heroes injured while in service to our country. In addition to the home, the families will receive three years of family and financial mentoring. For more information, visit MilitaryWarriors.org.

From left to right: Stan Bowers, Mark Trupp, Marcos Garcia, Andrea Dellinger.
From left to right: Stan Bowers, Mark Trupp, Marcos Garcia, Andrea Dellinger.
Wells Fargo and and Military Warriors Support Foundation award deed for a mortgage-free home to wounded army veteran (Photo) - 11/11/17

FORT VANCOUVER, Wash. -- As the nation came together to thank its veterans, Wells Fargo in partnership with the Military Warriors Support Foundation awarded the deed for a mortgage-free home today to retired and decorated army veteran Marcos Garcia before the start of the Veterans Parade in Fort Vancouver, Wash.

Wells Fargo and the Military Warriors Support Foundation (MWSF) are committed to helping veterans. The goal of Wells Fargo is to support in MWSF's mission to successfully transition veterans back into civilian life after experiencing life-altering injuries.

"It's an honor to serve those who have served us," Wells Fargo District Manager Mark Trupp told Garcia, 34. "Thank you so much for that. Wells Fargo has donated more than 350 homes, valued at more than $55 million, to veterans such as you in all 50 states."

Garcia had been renting a duplex in Puyallup, Wash., before moving into a three-bedroom, two-story townhouse three years ago in Federal Way, Wash., donated by Wells Fargo. In order to receive the deed to the townhouse today, he was required to complete a three-year MWSF program to develop the skills necessary to become a successful homeowner.

Working with a mentor, Garcia studied savings, money management and debt repayment. He abstained from making purchases on credit or deferred payment options. He also learned what is entailed in owning and maintaining a home, including paying property taxes. He recently graduated from the program.

"He is among our more than 800 veterans who have been awarded a home and paid off $18 million in debt, due to our Family and Financial Mentorship Program," said Andrea Dellinger, MWSF's vice president of Media and Marketing, at the pre-parade ceremony. "Without Wells Fargo, we couldn't be able to do this. We are so proud of you, Marcos. Congratulations."

Garcia is the only one in his family to own a home, he said. Becoming a homeowner means a lot more freedom, he added.

"It feels good to be the first in my family and to have that opportunity to say, 'I own my home.' It gives my family and friends something to look forward to," Garcia said.

At the pre-parade ceremony today, Branch Manager Stan Bowers of Wells Fargo Home Mortgage presented Garcia a ceremonial house key.

"On behalf of Wells Fargo Home Mortgage, we'd like give this key to you to celebrate your new home. Congratulations," Bowers said.

Garcia joined the Army in 2004 and was wounded in 2007 during a mortar attack in Iraq. He retired from the military in 2008. He now uses a leg brace and crutches for mobility.

Garcia was awarded the Iraq Campaign Medal with Bronze Service Star, a Purple Heart, a Global War on Terrorism Service Medal, the Combat Infantryman Badge, National Defense Service Medal and Army Service Ribbon.

Real estate property donations are part of Wells Fargo's long-standing commitment to giving back and revitalizing communities. Wells Fargo's partnership with MWSF helps to provide homes for deserving heroes, through the organization's Homes4Wounded Heroes program.

About Wells Fargo
Serving the Pacific Northwest since 1852, Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.9 trillion in assets. Wells Fargo provides banking, insurance, investments, mortgages, and consumer and commercial finance through 8,400 locations; 13,000 ATMs; the internet (wellsfargo.com) and mobile banking. Wells Fargo perspectives are available at Wells Fargo Stories.

About Military Warriors Support Foundation
Military Warriors Support Foundation is a 501(c)(3) non-profit charity, founded by LTG. Leroy Sisco (Ret), in 2007. Its mission is to provide support and programs that facilitate a smooth and successful transition for our Nation's combat wounded heroes and Gold Star families. Its programs focus on housing and homeownership, employment, as well as recreational activities and transportation assistance. Through its Homes4WoundedHeroes Program, the foundation awards mortgage-free homes to combat wounded heroes injured while in service to our country. In addition to the home, the families will receive three years of family and financial mentoring. For more information, visit MilitaryWarriors.org.

Media Advisory for Nov. 11: Wells Fargo and Military Warriors Support Foundation to donate a mortgage-free home to veteran before Veterans Parade at Fort Vancouver - 11/10/17

WHAT: Wells Fargo and Military Warriors Support Foundation will present the deed to a mortgage-free three-bedroom townhouse in Washington to a retired decorated army veteran who was wounded in Iraq.

WHEN: 10:45 a.m. on Saturday, Nov. 11, 2017 (before the start of the 31st annual Veterans Parade at Fort Vancouver, Wash.).

WHERE: At the intersection of Evergreen Blvd. and East Reserve Street at the Fort Vancouver National Site (look for the Wells Fargo stagecoach near the front of the parade lineup).

WHO: Retired U.S. Army Specialist Marcos Garcia
Mark Trupp, Regional Banking district manager, Wells Fargo
Andrea Dellinger, Military Warriors Support Foundation
additional local Wells Fargo team members

WHY: As part of Wells Fargo's commitment to supporting service members, the company works with the Military Warriors Support Foundation (MWSF) to donate mortgage-free homes to wounded veterans. MWSF provides its home recipients three years of family and financial mentoring. Since 2012, Wells Fargo has donated more than 350 homes, valued at more than $55 million, to veterans in all 50 states, including Washington.

VISUALS: The Wells Fargo executives will present a framed deed and a large ceremonial house key to Mr. Garcia. There will be a Wells Fargo stagecoach and horses in the background.

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The most recent group of recipients gathered for a grant presentation event in March at the Moda Center.
The most recent group of recipients gathered for a grant presentation event in March at the Moda Center.
Trail Blazers Foundation, Wells Fargo accepting applications from Oregon and SW Washington schools for "Take It To The Court" grants (Photo) - 10/30/17

PORTLAND, Ore. -- Schools throughout Oregon and Southwest Washington are invited to apply now for grants of up to $10,000 through the fourth annual "Take It To The Court for Education" program, run by the Trail Blazers Foundation and Wells Fargo.

"This initiative offers critical funding to support programs that lack adequate resources or might otherwise be cut," said Trail Blazers and Rose Quarter President & CEO Chris McGowan. "It also supports youth where they live, learn and play across this region."

Teachers, staff, administration, parents and community members can submit applications online to support an academic, arts, athletic or community program at an elementary, middle or high school.

The application form is available at all Wells Fargo branches in the region and also posted at www.trailblazers.com/takeittothecourt. The dollar amount of each grant will be based on the scope and costs associated with the project or program seeking funds.

The application deadline is Jan. 1, 2018. Winners will be notified in late January.

"Take it to the Court for Education is a natural extension of our collaboration and a desire by both our organizations to do everything we can for our local students," said Wells Fargo Region Bank President Tracy Curtis.

In the past three years, Wells Fargo and the Trail Blazers Foundation have presented a total of $275,000 in grants to 50 schools around the region.

ABOUT WELLS FARGO
Serving the financial needs of Pacific Northwest residents since 1852, Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through 8,400 locations; 13,000 ATMs; the internet (wellsfargo.com); and mobile banking. In 2016, Wells Fargo donated $281.3 million to 14,900 schools and nonprofit groups.

ABOUT THE PORTLAND TRAIL BLAZERS
Members of the National Basketball Association (NBA), the Portland Trail Blazers were founded in 1970 and purchased by Paul G. Allen in 1988. The team's rich heritage includes 33 playoff appearances, three trips to the NBA Finals, an NBA championship in 1977 and a commitment to community service and sustainability. The Trail Blazers are dedicated to positively impacting underserved kids and their families throughout Oregon and Southwest Washington where they live, learn and play. Portland is the first and only professional sports franchise to receive the prestigious National Points of Light Award for excellence in corporate and community service. The Trail Blazers home arena, the Moda Center, earned LEED Gold Recertification in 2015 after becoming the first existing professional sports venue in the world to receive LEED Gold status in 2010. The team is also one of the founding members of the Green Sports Alliance. For more information, visit www.trailblazers.com.