Wells Fargo Bank Increases Prime Rate to 7.00 Percent

Wells Fargo Bank, N.A., said today it is increasing its prime rate to 7.00 percent from 6.75 percent, effective tomorrow, Sept. 17, 2026.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260916614484/en/

Wells Fargo storefront with red awning and pedestrians walking by on a brick sidewalk.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $2.3 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. 38 on Fortune’s 2026 rankings of America’s largest corporations. 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-CFH

View source version on businesswire.com: https://www.businesswire.com/news/home/20260916614484/en/

Media Beth Richek, 980-308-1568 beth.richek@wellsfargo.com (mailto:Beth.Richek@wellsfargo.com)

Investor Relations John Campbell, 415-396-0523 john.m.campbell@wellsfargo.com (mailto:john.m.campbell@wellsfargo.com)

Article ID: nBwbrtJPMa-20260916 Archive began May 2026 · Available for up to 365 days after publication

Wells Fargo Bank Increases Prime Rate to 7.00 Percent