Wells Fargo is helping Savannah Gardens residents achieve a goal that many people have – to get in control of their finances.
Mercy Housing provides free, onsite programs to help residents improve their lives, in areas including financial literacy and economic development. Wells Fargo has given $5,000 to support that work so that Savannah Gardens’ 300 some residents will have access to financial education. In addition, Wells Fargo has provided residents with its best-in-class financial education curriculum, Hands On Banking.
“If people don’t know how to live within a budget or save, they will never be able to secure their financial footing,” said Jenny Gentry, Savannah business banking manager and market president for Wells Fargo. “We are proud to support Mercy Housing’s efforts to educate their residents and help them improve their financial situations.”
Mercy Housing serves families and seniors earning less than 60% of the area median income. The non-profit provides required and optional activities for residents, offering incentives and measuring progress to ensure that they reach their goals of becoming financially stable.
“Thanks to Wells Fargo’s support, our residents will have the opportunity to build their financial skill set,” said Jane Graf, president of Mercy Housing Inc. “By using Hands On Banking and other educational resources, these residents can work to create a stable foundation and build secure financial futures.”
About Mercy Housing Southeast
Mercy Housing Southeast is a regional division of national nonprofit Mercy Housing, Inc., headquartered in Denver and founded in 1981 with the mission to create stable, vibrant, and healthy communities by developing, financing and operating affordable, program-enriched housing for families, seniors and people with special needs who lack the economic resources to access quality, safe housing opportunities. Mercy Housing Southeast has developed more than 3,900 units of affordable housing across the southeast region and in doing so, improved the lives of more than 8,000 residents. Our experienced development staff recognizes possibilities and creates new opportunities where none are obvious. For more information about Mercy Housing Southeast, please visit www.mercyhousingsoutheast.org.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.4 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 9,000 stores, 12,000 ATMs, the Internet (wellsfargo.com), and has offices in more than 35 countries to support the bank’s customers who conduct business in the global economy. With more than 265,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 26 on Fortune’s 2012 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy all our customers’ financial needs and help them succeed financially.