After today’s .25% rate increase in the Fed Funds Rate, banks are increasing their Prime Rates with a corresponding increase from 3.75% to 4.00%. These changes will be effective for most banks tomorrow, March 16, 2016.

After today’s .25% rate increase in the Fed Funds Rate, banks are increasing their Prime Rates with a corresponding increase from 3.75% to 4.00%. These changes will be effective for most banks tomorrow, March 16, 2016.