Creative Banking for Market Conditions
Managing through current rates A small business owner recently approached with the question of whether the business could use the current market conditions to its’ advantage. As we explored options, refinancing their current debt made little sense, as rates are appreciably higher than when the debt was acquired. However, the time period following the debt […]
Financial Wellness Video Series
New Year’s resolutions are typically created to help us focus on areas of our own personal improvement. It’s no wonder January is National Financial Wellness Month! Our financial experts share a variety of tips and steps you can take to help with that focus – from estate planning to personal financial statements and more – […]
Increasing Fed Fund Rate: How It Affects You
The Federal Reserve‘s 12-member Federal Open Market Committee (FOMC) took action on Wednesday, May 4th to increase the Fed Funds Rate by 50 basis points and reduce the Federal Reserve‘s bond holdings. The Fed Funds Rate is the interest rate at which overnight funds are lent between banks. The increase to the Fed Funds Rate […]
