10. REDUCED INEQUALITIES

Wells Fargo Bank Increases Prime Rate to 4.75 Percent – Valdosta Daily Times

Written by Amanda

Wells Fargo Bank Increases Prime Rate to 4.75 Percent  Valdosta Daily Times

SAN FRANCISCO–(BUSINESS WIRE)–Jun 15, 2022–

Wells Fargo Bank, N.A., said today it is increasing its prime rate to 4.75 percent from 4.00 percent, effective tomorrow, June 16, 2022.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220615006034/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

View source version on businesswire.com:https://www.businesswire.com/news/home/20220615006034/en/

CONTACT: Media

Beth Richek, 704-374-2545

beth.richek@wellsfargo.comInvestor Relations

John Campbell, 415-396-0523

john.m.campbell@wellsfargo.com

KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES FINANCE

SOURCE: Wells Fargo & Company

Copyright Business Wire 2022.

PUB: 06/15/2022 04:30 PM/DISC: 06/15/2022 04:32 PM

http://www.businesswire.com/news/home/20220615006034/en

Source: valdostadailytimes.com

About the author

Amanda

Hi there, I am Amanda and I work as an editor at impactinvesting.ai;  if you are interested in my services, please reach me at amanda.impactinvesting.ai

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