National Urban League and Wells Fargo launch African American issues initiative

The National Urban League announced that it has entered a three-year, multi-million dollar partnership with Wells Fargo to address challenges within the African American community, starting with a focus on sustainable housing and community stabilization.

The partnership was launched Nov. 5 during the National Urban League’s Equal Opportunity Day dinner in New York. John Stumpf, president and CEO of Wells Fargo, is chairing the benefit event.

During its first year, the multi-faceted relationship will include grants to selected National Urban League affiliates for foreclosure counseling , technical assistance for foreclosure prevention programs, staff training on foreclosure counseling and a significant presence at National Urban League events — including its annual conference. Wells Fargo’s Hands on Banking financial education curriculum  — which includes a focus on credit management — also will be an integral part of the campaign.  To read the full story click here.