Wells Fargo & Co. today announced a new update to its mobile banking phone app that provides customers with the option of selecting Spanish as their preferred language, according to a press release. The upgraded app is available for Apple iPhone, Android and Windows phones.

"Our convenient and award-winning mobile banking app now offers Spanish-speaking customers the option of tailoring an in-language experience to best suit their needs," said Brett Pitts, head of digital for Wells Fargo virtual channels. "We're proud that we continue to make improvements to our digital banking products that allow more customers to take advantage of the convenience and security of mobile banking in their preferred language."

Wells Fargo is also inviting customers to help contribute to the Hispanic Scholarship Fund. During the month of April, for every customer who sets up or changes their language preference to Spanish and maintains that Spanish language preference in their mobile app through April 30, Wells Fargo will donate $1 in support of Latino scholarships, up to $50,000, according to the announcement.