Wells Fargo Bank Increases Prime Rate to 4.50 Percent

Wells Fargo Bank, N.A., said today it is increasing its prime rate to 4.50 percent from 4.25 percent, effective tomorrow, Dec. 14, 2017.

About Wells Fargo

Wells Fargo & Company 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, insurance, investments, mortgage, and consumer and commercial finance through more than 8,400 locations, 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 42 countries and territories to support customers who conduct business in the global economy. With approximately 268,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 25 on Fortune's 2017 rankings of America's largest corporations.

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