Wells Fargo Bank Decreases Prime Rate to 7.50 Percent
19 December 2024 - 8:46AM
Business Wire
Wells Fargo Bank, N.A., said today it is decreasing its prime
rate to 7.50 percent from 7.75 percent, effective tomorrow, Dec.
19, 2024.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20241218703906/en/
Facade of a Wells Fargo bank branch in
Manhattan (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. 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. 34
on Fortune’s 2024 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
LinkedIn: https://www.linkedin.com/company/wellsfargo
News Release Category: WF-CF
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version on businesswire.com: https://www.businesswire.com/news/home/20241218703906/en/
Media Beth Richek, 980-308-1568
beth.richek@wellsfargo.com
Investor Relations John Campbell, 415-396-0523
john.m.campbell@wellsfargo.com
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