After today’s .25% rate increase in the target range for the Fed Funds Rate, banks are increasing their Prime Rates with a corresponding increase from 4.50% to 4.75%. These changes will be effective for most banks tomorrow, March 22, 2018.

After today’s .25% rate increase in the target range for the Fed Funds Rate, banks are increasing their Prime Rates with a corresponding increase from 4.50% to 4.75%. These changes will be effective for most banks tomorrow, March 22, 2018.