Wells Fargo Bank lowers prime rate to 5.00 percent
Wells Fargo Bank, NA, said today it is lowering its prime rate from 5.25 percent to 5.00 percent, effective today, April 30, 2008.
US Bancorp announced it will lower its prime lending rate to 6.50 percent from 7.25 percent, effective after the close of business today, January 22, 2008, at all US Bank locations.