California's largest bank, Bank of America (BofA) said that it will contribute to relief efforts in the Southern California fires by donating $1 million through its Charitable Foundation.

Bank of America said that this donation is the first in a series of steps it will take to help fire victims and responders; and is now working with city leaders in San Diego and Los Angeles to determine the amount of assistance and resources needed in this endeavor.

"Southern California families, business and entire communities are in urgent need of immediate aid and we wanted to begin to begin to address that need as quickly as possible," said Janet Lamkin, President of Bank of America California.

Chevron, based in San Ramon has also today announced a $500,000 to support fire relief efforts. It said that $400,000 will be given to American Red Cross Disaster Relief Fund and $100,000 will be directed towards local charities and relief efforts in the communities where Chevron operates.

Chevron is also providing bottles of water and meals to evicted families.