Wells Fargo Bank Decreases Prime Rate to 3.25 Percent
March 16 2020 - 9:00AM
Business Wire
Wells Fargo Bank, N.A., said today it is decreasing its prime
rate to 3.25 percent from 4.25 percent, effective today, March 16,
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.
Additional information may be found at
http://www.wellsfargo.com/ | Twitter: @WellsFargo.
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version on businesswire.com: https://www.businesswire.com/news/home/20200316005247/en/
Media Contact Ancel Martinez, (415) 222-3858
Ancel.Martinez@wellsfargo.com or Investor Relations John
Campbell, (415) 396-0523 John.M.Campbell@wellsfargo.com
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