Wells Fargo food bank program aims to provide 50 million meals

The drive-up food banks, run in partnership with Feeding America, will be located at Wells Fargo locations across the country through September

SAN FRANCISCO — In select cities around the country this summer, Wells Fargo & Company will launch a Drive-Up Food Bank program to help families who are facing food insecurity during the COVID-19 pandemic. Working with Feeding America, the largest domestic hunger-relief organization in the country, and its network of member food banks, Wells Fargo will turn many of its locations across the country into mobile food distribution centers with the goal of providing 50 million meals to individuals and families.

"Americans around the country are hurting right now as they try to make ends meet due to the deep economic impact of COVID-19," said Bill Daley, vice chairman of Public Affairs at Wells Fargo. "One of the biggest challenges in the current environment is getting food to those who need it most. That's why Well Fargo is using the broad reach of our locations, including bank branches and corporate properties around the country, to help distribute food and increase accessibility for families facing hunger."

According to a recent Feeding America analysis, approximately 1 in 6 people may experience food insecurity in 2020 as a result of the COVID-19 pandemic, an increase of 46% compared to 2018. In response to the increased need, the Feeding America network of food banks distributed 20% more food in March compared to average months and estimated an average of just under 30% of people being served are new to charitable food assistance.

Wells Fargo's Drive-Up Food Bank program will help families facing food insecurity during the COVID-19 pandemic. Image: Business Wire
Wells Fargo's Drive-Up Food Bank program will help families facing food insecurity during the COVID-19 pandemic. Image: Business Wire

The Wells Fargo Drive-Up Food Bank program will run from July through September and open up the outdoor area of many of its locations, including bank branches and office buildings, to serve as mobile food distribution centers. Wells Fargo aims to help get more food to Americans in need, who are often making tough choices between food, shelter and other basic necessities.

More information about the Wells Fargo Drive-Up Food Bank program, including cities that will host mobile food distribution events, can be found at wellsfargo.com/foodbank.

Supporting local communities

Wells Fargo is deeply committed to addressing critical issues facing the communities it serves. Since the beginning of the pandemic, the Wells Fargo Foundation has donated more than $175 million to help address critical community needs such as food assistance, financial health, small business, and housing stability in communities across the United States.

Most recently, the company launched the Open for Business Fund through which it will donate approximately $400 million in gross processing fees generated by the Paycheck Protection Program to help small businesses — particularly racially and ethnically diverse entrepreneurs — stay open, maintain jobs, and recover long-term.

The company also launched efforts in June to help more than 100,000 renters and homeowners stay in their homes as they grapple with the financial impact of COVID-19, part of a $1 billion commitment made by Wells Fargo in 2019 to address the housing crisis over six years.

Next: 'What is the future we want to have?': How cities are expanding food access during the pandemic and beyond

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