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Living Our Values
November 9, 2020

Empowering military and veteran communities

As the U.S. celebrates Veterans Day, Wells Fargo highlights how the company is easing veterans’ transition to civilian life and strengthening communities.

Named again by Military Times as one of the best companies for veterans, and the top military- and military-spouse-friendly employer by VIQTORY Media in 2020, Wells Fargo continues to help military members and veterans succeed financially as it has since its founding in 1852.

In 2012, Wells Fargo further enhanced its outreach to military service members, veterans, and families by creating the Veteran and Military Initiatives program and underscoring its commitment to military veterans.

Among the results to date:

  • More than 400 homes donated to veterans
  • Over $170 million contributed to 14,000 military- and veteran-related nonprofits
  • More than 5,000 veteran employees hired since 2018
  • More 1.5 million military service members and their families learned money management skills through Hands on Banking®

Sean Passmore, head of Veteran and Military Initiatives at Wells Fargo and a U.S. Army veteran of nearly 23 years, said a focus on career transition, housing, financial health, and small business support is driving the success.

Veteran voices

‘My fellowship at Wells Fargo helped me realize my communication, planning, and other skills from the military did translate to the corporate world. This will be my next 20-year home!’ -- Christine Kilburn, Hiring Our Heroes Corporate Fellowship Program graduate
‘The work at Wells Fargo is challenging and expectations clear: act with integrity, be great at execution, and serve the needs of clients and shareholders. These are the same values I live by as a now-reserve Air Force JAG, which made my transition here easy.’ -- Me’Chel Tyson, Wells Fargo Veteran Employment Transition Internship Program graduate
‘I know what happened with too many Vietnam vets when they came home. At Wells Fargo, they want our talent.’ -- Anttwain Dobbins, Wells Fargo Wealth & Investment Management
‘Our mission to connect veterans, service members, and military spouses with meaningful employment opportunities thrives on tremendous partnerships with stakeholders like Wells Fargo.’ -- Eric Eversole, President, Hiring Our Heroes
‘Our new video series sponsored by Wells Fargo highlights veteran entrepreneurs building successful companies, creating jobs, and contributing to their local communities. We hope to inspire others to follow.’ -- Blake Hogan, CEO Bunker Labs and Marine veteran
‘The 26 new trucks I purchased through Wells Fargo Equipment Finance helped me expand my business and hire 15 military veterans to support their small businesses. If I can put a veteran on the road, I feel good about that.’ -- Doug Mellum, Owner, Elite Transportation Systems Inc.
‘Military Warriors Support Foundation stepped in and saw that I needed a little assistance. Then Wells Fargo stepped in and secured the (mortgage-free) house for us. I thank them from the bottom of my heart.’ -- Clint Romesha, Medal of Honor recipient
‘The financial mentoring that my wife Karen and I received from the Military Warriors Support Foundation Family and Financial Mentoring Program helped us so much financially. We’re debt free* and now have more savings for the future.’-- Cahin Perez, medically retired, U.S. Army Staff Sgt.

*To date, veterans and their families who have received a home donated by Wells Fargo to Military Warriors Support Foundation have paid off more than $6.8 million.

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