FX Excursions

FX Excursions offers the chance for once-in-a-lifetime experiences in destinations around the world.
Wealth
January 2020
Jan 8, 2020

Let it Be

PARTICIPATING IN A COMPANY’S retirement plan is a smart and important decision — smart because you put away small amounts today for a comfortable retirement later.

Elevate Your Travel Experience with AirPass

As more travelers return to the skies, American is here every step of the way to ensure an elevated and seamless journey. Experience flying freedom with AirPass, American’s all-inclusive, pre-paid travel membership program.

December 2019
Dec 13, 2019

Ups and Downs

THE FEDERAL FUNDS RATE is the interest rate targeted by the Federal Reserve. It is the interest rate banks charge each other for overnight loans. After the recent cut on Oct. 30, 2019, the third cut this year, the rate will hover between 1.5 percent and 1.75 percent. The federal funds rate is not the rate used by banks for lending to individuals and businesses; that is the prime interest rate, currently at 4.75 percent. Since 1994 banks commonly calculate the prime interest rate as the federal funds rate plus 3 percent (in this case 1.75 percent plus 3 percent). Every U.S. bank sets its own prime rate; however, most utilize the same one.