Wells Fargo Bank Increases Prime Rate to 4.00 Percent
May 04 2022 - 4:31PM
Business Wire
Wells Fargo Bank, N.A., said today it is increasing its prime
rate to 4.00 percent from 3.50 percent, effective tomorrow, May 5,
2022.
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the full release here:
https://www.businesswire.com/news/home/20220504006233/en/
Wells Fargo branch (Photo: Wells
Fargo)
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a leading financial
services company that has approximately $1.9 trillion in assets,
proudly serves one in three U.S. households and more than 10% of
small businesses in the U.S., and is a leading middle market
banking provider in the U.S. We provide a diversified set of
banking, investment, and mortgage products and services, as well as
consumer and commercial finance, through our four reportable
operating segments: Consumer Banking and Lending, Commercial
Banking, Corporate and Investment Banking, and Wealth &
Investment Management. Wells Fargo ranked No. 37 on Fortune’s 2021
rankings of America’s largest corporations. In the communities we
serve, the company focuses its social impact on building a
sustainable, inclusive future for all by supporting housing
affordability, small business growth, financial health, and a
low-carbon economy. News, insights, and perspectives from Wells
Fargo are also available at Wells Fargo Stories.
Additional information may be found at www.wellsfargo.com |
Twitter: @WellsFargo.
News Release Category: WF-CF
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version on businesswire.com: https://www.businesswire.com/news/home/20220504006233/en/
Media Beth Richek, 704-374-2545
beth.richek@wellsfargo.com
Investor Relations John Campbell, 415-396-0523
john.m.campbell@wellsfargo.com
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