SOURCE: Acordia, Inc.

August 08, 2005 10:27 ET

Wells Fargo Scholarship Awarded to Colorado Springs Student Lindsay Renkel

CHICAGO, IL -- (MARKET WIRE) -- August 8, 2005 -- The rising cost of college tuition will be eased for more than 700 students this summer through scholarships from the Wells Fargo Team Members' Dependent Children Scholarship Program, The Mary Jo and Dick Kovacevich Scholarship Program and the Murray Scholarship Program.

Lindsay Renkel of Colorado Springs, Colo., is among the many children of Wells Fargo team members across the country to receive a $1,000 scholarship from the Mary Jo and Dick Kovacevich Scholarship Program. To qualify, applicants must be dependent children of Wells Fargo team members and must be enrolled or planning to enroll full-time in an undergraduate course of study at an accredited two- or four-year college, university or vocational technical school.

Renkel is planning on attending the University of Denver and majoring in business. She is the daughter of Acordia Colorado Springs Account Administrator Julie Renkel. Acordia is a subsidiary of Wells Fargo & Company.

"Our congratulations go out to Lindsay on receiving the Mary Jo and Dick Kovacevich scholarship," said Kevin W. Conboy, President and Chief Executive Officer of Acordia, Inc. "We recognize the importance of a college education in today's job market and we want to help students pursue their next stage of educational success."

Wells Fargo scholarship recipients are selected on the basis of academic record, demonstration of leadership and participation in school and community activities. Awards, honors, work experience and the student's statement of goals and aspirations are also considered during the selection process.

In 2004, Wells Fargo contributed more than $93 million to more than 15,000 non-profit organizations across the United States -- an average of $1.78 million a week.

Acordia and Wells Fargo

Acordia, Inc., headquartered in Chicago, Ill., is the world's fifth largest insurance brokerage and the largest bank-owned insurance brokerage in the U.S., with over 150 offices in 38 states. Its 4,500 insurance professionals place in excess of $8.5 billion of risk premiums with expertise in property, casualty, benefits, international, personal lines and life products. Acordia is also a member of HLA Global Network. HLA Global, a partnership between London-based Heath Lambert Group and Acordia, Inc., serves as the international arm of Acordia.

Acordia is a subsidiary of Wells Fargo & Company, a diversified financial services company with $436 billion in assets, providing banking, insurance, investments, mortgage and consumer finance to more than 23 million customers from more than 6,000 stores and the internet ( across North America and elsewhere internationally. Wells Fargo Bank, N.A. is the only bank in the United States to receive the highest possible credit rating, "Aaa," from Moody's Investors Service.

Contact Information

    Ellen M. Sievert
    Director of Communications
    Acordia, Inc.