DENELSBECK v. WELLS FARGO & CO.

No. C8-02-594.

666 N.W.2d 339 (2003)

Violet DENELSBECK, o/b/o herself and others similarly situated, Respondents, v. WELLS FARGO & CO., a Delaware corporation, d/b/a Wells Fargo Bank, N.A., Petitioner, Appellant.

Supreme Court of Minnesota.

July 31, 2003.


Attorney(s) appearing for the Case

Richard T. Thomson, David A. Harbeck, Lapp, Libra, Thomson, Stoebner & Pusch, Minneapolis, MN, for Appellant.

Edwin L. Sisam, Dorothy J. Buhr, Tammy P. Friedrichs, Sisam & Watje, Minneapolis, MN, for Respondent.

Joseph J. Witt, General Counsel, Edina, MN, for Amicus Curiae MN Bankers Assn.

Heard, considered and decided by the court en banc.


OPINION

ANDERSON, PAUL H., Justice.

Respondent Violet Denelsbeck brought this breach of contract action against appellant Wells Fargo Bank, N.A., alleging that Wells Fargo breached the terms of her retirement certificate of deposit. Denelsbeck contends that Wells Fargo failed to give her adequate notice that it was changing the 12.25% interest rate paid on her certificate to 4.6%. Concluding that Wells Fargo had provided adequate notice, the district court...

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