Western Alliance Bank's Generous Donation to Support Southern California Wildfire Relief

Western Alliance Bank (NYSE: WAL) has announced a significant commitment to support communities affected by the devastating Southern California wildfires. The bank has pledged a $100,000 donation to the American Red Cross, which will help provide immediate relief and support long-term recovery efforts in the impacted areas. Additionally, Western Alliance has dedicated $1 billion in loan capacity to support small businesses and homeowners with owner-occupied construction loans, further demonstrating its commitment to rebuilding and revitalizing the affected communities.



The American Red Cross plays a crucial role in disaster relief and recovery efforts, providing essential services such as shelter, food, and emotional support to those affected by disasters. Western Alliance Bank's donation will help the Red Cross continue its vital work in supporting the people and communities most affected by the Southern California wildfires. The bank's contribution comprises funds from the Western Alliance Community Foundation, as well as employee contributions, which the Bank is matching.

Western Alliance Bank's dedication of $1 billion in loan capacity to support small businesses and homeowners with owner-occupied construction loans is a testament to its commitment to the long-term recovery and rebuilding of the affected areas. This initiative will provide much-needed financial assistance to help these communities restore their homes, businesses, and infrastructure, ensuring a sustainable and resilient future.

The bank's CEO, Dale Gibbons, emphasized the bank's deep connection to Southern California, where it employs thousands of people and serves numerous customers across the affected region. By supporting crucial relief efforts now and dedicating resources to help rebuild impacted areas, Western Alliance Bank is demonstrating its commitment to the communities it serves and its dedication to fostering a more resilient and prosperous future for all.

In conclusion, Western Alliance Bank's generous donation to the American Red Cross and its dedication of $1 billion in loan capacity to support small businesses and homeowners in impacted areas are powerful examples of corporate social responsibility in action. By providing immediate relief and supporting long-term recovery efforts, the bank is not only helping to rebuild communities but also fostering a more resilient and prosperous future for all.