{"id":902473,"date":"2025-10-29T18:26:13","date_gmt":"2025-10-29T22:26:13","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/wells-fargo-bank-decreases-prime-rate-to-7-00-percent\/"},"modified":"2025-10-29T18:26:13","modified_gmt":"2025-10-29T22:26:13","slug":"wells-fargo-bank-decreases-prime-rate-to-7-00-percent","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/wells-fargo-bank-decreases-prime-rate-to-7-00-percent\/","title":{"rendered":"Wells Fargo Bank Decreases Prime Rate to 7.00 Percent"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p>\nWells Fargo Bank Decreases Prime Rate to 7.00 Percent<\/p>\n<p>SAN FRANCISCO&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nWells Fargo Bank, N.A., said today it is decreasing its prime rate to 7.00 percent from 7.25 percent, effective tomorrow, Oct. 30, 2025.<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20251029042942\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20251029042942\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 480px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20251029042942\/en\/2626066\/4\/WF_Exterior_810x455.jpg\" alt=\"Exterior of Wells Fargo building. (Photo: Wells Fargo)\" \/><\/p>\n<p style=\"font-size:85%\">Exterior of Wells Fargo building. (Photo: Wells Fargo)<\/p>\n<\/div>\n<p><b>About Wells Fargo<\/b><\/p>\n<p>\nWells Fargo &amp; Company (NYSE: WFC) is a leading financial services company that has approximately $2.1 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 &amp; Investment Management. Wells Fargo ranked No. 33 on Fortune\u2019s 2025 rankings of America\u2019s largest corporations. News, insights, and perspectives from Wells Fargo are also available at <a rel=\"nofollow\" href=\"https:\/\/stories.wf.com\/\">Wells Fargo Stories<\/a>.<\/p>\n<p>\nAdditional information may be found at <a rel=\"nofollow\" href=\"http:\/\/www.wellsfargo.com\">www.wellsfargo.com<br \/>\n<\/a><br \/>LinkedIn: <a rel=\"nofollow\" href=\"https:\/\/www.linkedin.com\/company\/wellsfargo\">https:\/\/www.linkedin.com\/company\/wellsfargo<\/a><\/p>\n<p><b>News Release Category: <\/b>WF-CFH<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20251029042942r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20251029042942\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20251029042942\/en\/<\/a><\/span><\/p>\n<p><b>Media<br \/>\n<\/b><br \/>Beth Richek, 980-308-1568<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Beth.Richek@wellsfargo.com\">beth.richek@wellsfargo.com<\/a><\/p>\n<p><b>Investor Relations<br \/>\n<\/b><br \/>John Campbell, 415-396-0523<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:john.m.campbell@wellsfargo.com\">john.m.campbell@wellsfargo.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> California United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Asset Management Professional Services Business Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20251029042942\/en\/2626066\/3\/WF_Exterior_810x455.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">Exterior of Wells Fargo building. (Photo: Wells Fargo)<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Wells Fargo Bank Decreases Prime Rate to 7.00 Percent SAN FRANCISCO&#8211;(BUSINESS WIRE)&#8211; Wells Fargo Bank, N.A., said today it is decreasing its prime rate to 7.00 percent from 7.25 percent, effective tomorrow, Oct. 30, 2025. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20251029042942\/en\/ Exterior of Wells Fargo building. (Photo: Wells Fargo) About Wells Fargo Wells Fargo &amp; Company (NYSE: WFC) is a leading financial services company that has approximately $2.1 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 &amp; Investment Management. Wells Fargo ranked &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/wells-fargo-bank-decreases-prime-rate-to-7-00-percent\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Wells Fargo Bank Decreases Prime Rate to 7.00 Percent&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-902473","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Wells Fargo Bank Decreases Prime Rate to 7.00 Percent - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/wells-fargo-bank-decreases-prime-rate-to-7-00-percent\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Wells Fargo Bank Decreases Prime Rate to 7.00 Percent - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Wells Fargo Bank Decreases Prime Rate to 7.00 Percent SAN FRANCISCO&#8211;(BUSINESS WIRE)&#8211; Wells Fargo Bank, N.A., said today it is decreasing its prime rate to 7.00 percent from 7.25 percent, effective tomorrow, Oct. 30, 2025. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20251029042942\/en\/ Exterior of Wells Fargo building. (Photo: Wells Fargo) About Wells Fargo Wells Fargo &amp; Company (NYSE: WFC) is a leading financial services company that has approximately $2.1 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 &amp; Investment Management. 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