Wells Fargo Bank Decreases Prime Rate to 4.25 Percent
SAN FRANCISCO--(BUSINESS WIRE)--Mar 3, 2020--
Wells Fargo Bank, N.A., said today it is decreasing its prime rate to 4.25 percent from 4.75 percent, effective tomorrow, March 4, 2020.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment and mortgage products and services, as well as consumer and commercial finance, through 7,400 locations, more than 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 32 countries and territories to support customers who conduct business in the global economy. With approximately 260,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 29 on Fortune’s 2019 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.
View source version on businesswire.com:https://www.businesswire.com/news/home/20200303005969/en/
CONTACT: Media Contact
Ancel Martinez, (415) 222-3858
John Campbell, (415) 396-0523
KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA CANADA
INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES FINANCE
SOURCE: Wells Fargo & Company
Copyright Business Wire 2020.
PUB: 03/03/2020 04:45 PM/DISC: 03/03/2020 04:45 PM