WesBanco Bank, the Paisley Foundation and the Community Foundation for the Ohio Valley Announce Flood Recovery Fund

Rhea-AI Summary

WesBanco (NASDAQ: WSBC) has partnered with the Paisley Foundation and the Community Foundation for the Ohio Valley (CFOV) to establish the Disaster Response and Recovery Fund, addressing the devastating flooding in the Upper Ohio Valley that occurred on June 14, 2025.

Both WesBanco and the Paisley Foundation have each committed $25,000 to initiate the fund. The initiative will support immediate and long-term recovery efforts for flood victims in the eight-county region served by CFOV, with 100% of donations going directly to response and recovery efforts for this and future disasters.

WesBanco, with $27.4 billion in total assets and $7.0 billion in assets under management, continues its 150-year legacy of community support across its nine-state footprint.

Positive

• Demonstrates strong community engagement and corporate social responsibility
• Partnership with high-profile Paisley Foundation enhances visibility and credibility
• 100% of donations directed to recovery efforts shows efficient fund management

Negative

• None.

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WHEELING, W.Va., June 26, 2025 /PRNewswire/ -- WesBanco, Inc. (Nasdaq: WSBC), a diversified, multi-state bank holding company, is proud to announce a joint effort with the Paisley Foundation and the Community Foundation for the Ohio Valley (CFOV) to create the Disaster Response and Recovery Fund at the CFOV, which will support nonprofits helping individuals and families affected by the recent devastating flooding in the Upper Ohio Valley.

Grammy-winning country artist and West Virginia native Brad Paisley established the Paisley Foundation to support causes close to his heart—including helping communities in times of crisis. Severe flash flooding struck Wheeling and surrounding communities on June 14, triggering devastating damage across the region. Homes, businesses, vehicles, and infrastructure were destroyed, with tragic loss of life, widespread damage and long-term recovery needs.

The new fund will support immediate and longer-term recovery efforts for those impacted by the floods as well as any future disaster that occurs in the region. Through this initiative, WesBanco, the Paisley Foundation, and other community partners aim to bring financial assistance, resources, and hope to people in the region as they rebuild and recover.

To jumpstart the campaign, WesBanco and the Paisley Foundation are each contributing $25,000 to the Disaster Response and Recovery Fund at the CFOV. 100% of donations raised will go directly to response and recovery efforts in the eight-county region served by the CFOV for this and future disasters.

"The goal of the Paisley Foundation is to be there for our neighbors in their time of need," shared Doug Paisley, Chairman, Paisley Foundation Board. "We are happy to participate in the on-going recovery efforts and encourage others to get involved as they did with Brad and the Foundation in our previous efforts following the Ohio River flooding and the West Virginia floods of a few years ago. We are glad to be working with WesBanco and the Community Foundation for the Ohio Valley."

"WesBanco is deeply committed to the communities we serve, including in times of crisis. Wheeling is not only our headquarters but also home to many of our employees, some of whom were impacted by the recent flooding. We're proud to partner with the Paisley Foundation and family, as well as the CFOV, to get critical support to those who need it most," said Dave Klick, Upper Ohio Valley Market President, WesBanco. "We invite other local businesses, community partners, and individuals to join us in this effort – every contribution can make a difference in helping our community recover."

To learn more or to contribute online to the relief fund, scan the QR code below or visit: Disaster Response and Recovery Fund Donation Portal. Checks should be made payable to the CFOV with "Disaster Recovery" in the memo line and sent to:

Community Foundation for the Ohio Valley
1226 Chapline St
Wheeling, WV 26003

About WesBanco, Inc.
With over 150 years as a community-focused, regional financial services partner, WesBanco Inc. (NASDAQ: WSBC) and its subsidiaries build lasting prosperity through relationships and solutions that empower our customers for success in their financial journeys. Customers across our nine-state footprint choose WesBanco for the comprehensive range and personalized delivery of our retail and commercial banking solutions, as well as trust, brokerage, wealth management and insurance services, all designed to advance their financial goals. Through the strength of our teams, we leverage large bank capabilities and local focus to help make every community we serve a better place for people and businesses to thrive. Headquartered in Wheeling, West Virginia, WesBanco has $27.4 billion in total assets, with our Trust and Investment Services holding $7.0 billion of assets under management and securities account values (including annuities) of $2.4 billion through our broker/dealer, as of March 31, 2025. Learn more at www.wesbanco.com and follow @WesBanco on Facebook, LinkedIn and Instagram.

About the Paisley Foundation
The Paisley Foundation is organized exclusively for charitable, religious, scientific, and non-profit purposes, within the meaning of and to the fullest extent permitted by the West Virginia Corporations Act governing non-profit corporations and Section 501(C)(3) of the Internal Revenue Code of 1986, as now enacted and as the same may be amended from time to time. The purpose of The Paisley Foundation is to receive and maintain a fund for charitable, religious, education or scientific purposes; and more particularly, but without limiting the generality of the foregoing, to make grants or loans to other entities organized and operated exclusively for charitable, religious, educational or scientific purposes; to promote education and research; to aid or assist individuals; and generally to carry on either alone or in cooperation with others any and all activities in furtherance of one or more of the said purposes. Since 2002, The Paisley Foundation has granted in excess of $2.3 million in support of its purpose. Of that amount, almost $1.2 million has been granted for disaster relief recovery. 

About the Community Foundation for the Ohio Valley
Thanks to the diverse generosity of donors, the Community Foundation for the Ohio Valley continues to enhance the vibrancy of the Upper Ohio Valley since 1972. This is accomplished through meaningful charitable actions, strategic and initiative-driven investments, and thoughtful community leadership. With assets of $100 million, the Foundation distributed more than $3 million in grants and scholarships over the past year and provided support to projects and programs that lead to meaningful community betterment. To learn more, please visit the Foundation's website at www.cfov.org.

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SOURCE WesBanco, Inc.

FAQ

What is WesBanco's (WSBC) contribution to the 2025 flood recovery fund?

WesBanco contributed $25,000 to the Disaster Response and Recovery Fund, matching an equal contribution from the Paisley Foundation for a total initial funding of $50,000.

How much in assets does WesBanco (WSBC) manage as of March 2025?

As of March 31, 2025, WesBanco has $27.4 billion in total assets, with Trust and Investment Services holding $7.0 billion of assets under management and $2.4 billion in securities account values.

How will the WesBanco (WSBC) flood recovery fund be distributed?

100% of donations will go directly to response and recovery efforts in the eight-county region served by the Community Foundation for the Ohio Valley (CFOV) for current and future disasters.

What is the geographic coverage of WesBanco's (WSBC) operations?

WesBanco operates across a nine-state footprint, with its headquarters in Wheeling, West Virginia, providing retail and commercial banking, trust, brokerage, wealth management, and insurance services.