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Financial News

Equifax Breach

Equifax Breach

Many of you have learned of the security breach of Equifax, a major U.S. credit reporting agency. It has been reported that personal information from approximately 143MM U.S. consumers was potentially compromised. There are things that you can do to protect your...

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Feds Raise Rates: Growth Forecasted

As predicted, the Fed raised rates 25 bps to 1.25%.  Bank of Bozeman increased some of our rates for deposits.    The prime rate increased correspondingly to 4.25%, but long-term mortgage rates are at some of their lowest levels all year.   So we have good news for...

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Will the Feds Raise Rates?

Will the Feds Raise Rates?

Bankers get this question a lot – from customers, investors, and our bank boards. There are seemingly endless experts out there with an opinion based upon their assessment of the latest economic data, world events, and the psychology of the individual Fed governors....

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