Employees’ ‘sweat equity’ and bank’s financial support ease burden for residents coping with the state’s affordable housing crisis


This past September, 5,500 Wells Fargo employees picked up paintbrushes, hammers, rakes, caulking tubes, mops and brooms to support more than 100 charities in several states and other countries that are building or repairing homes to create more affordable and sustainable communities.

Shawn Reid, a Regional Banking Manager in Clayton, N.C., was one of them. As part of Wells Fargo’s Welcome Home volunteer initiative, he joined one of three teams to fix up a home in East Kinston in southeast North…

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