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Fed Raises Rates: Good News For Savers

Fed Raises Rates: Good News For Savers

I hope everyone has had the opportunity to get outside to enjoy the spring weather we have been experiencing. The FOMC (Federal Open Market Committee or Fed for short) gave a small gift to savers by raising its target federal funds range 25 basis points to 0.75% to 1.00%. For borrowers, the Prime Rate followed suit increasing to 4%. Rates are still low by historical standards, and long term rates were largely unchanged as the Fed move was expected. The Fed is expected to continue to raise their short term rates, albeit slowly and methodically. We may see another one or two increases this year, dependent on the economy’s performance and how much our federal government decides to spend.


If you plan to vacation in NY city, try to add a visit to the NY Fed. It is true that there are so many other things to do while in NY, like a visit to Ellis Island and the Statue of Liberty, the 9/11 Museum, Empire State Building, Broadway Shows, amazing restaurants…but the NY Fed tour is unforgettable. You can’t just walk in the building and take a tour, you’ll need to

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Bowl For Kids Sake

Bowl For Kids Sake

Team 'BoB's Bowlers' Support Big Brothers Big Sisters Fundraising Event, October 29, 2016

Catapalooza

Catapalooza

Bank of Bozeman welcomed incoming freshman and their families during the two day event; held August 25th and 26th.
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Customer Appreciation BBQ

Customer Appreciation BBQ

We think our clients are pretty great and like to thank them for their relationship every year at our Customer Appreciation BBQ. We had over 200 clients come on June 22nd...
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“  We have been with Bank of Bozeman since 2006. Financially Bank of Bozeman has enabled us to expand an existing business and purchase another business. Their sound advice and support from Lending Staff has been first class and greatly appreciated. We are proud to be Bank of Bozeman customers.  ”
Jerry and Mary Olson, Headwaters Livestock