Butterfield Responds to Fed’s Move on Interest Rates

Butterfield responds to Fed’s move on interest rates

Butterfield Bank is reducing its base interest rates on loans and mortgages by one quarter of a percentage point, the lending institution said tonight. The move comes in response to today’s decrease i...

Butterfield Bank Reduces Base Interest Rates

The Bank of Butterfield  is reducing its base interest rates on loans and mortgages by 0.25%. A spokesperson said, “The Bank of N.T. Butterfield & Son Limited [“Butterfield”] announced that, in response to today’s decrease in the target range of the US Federal Funds Rate, it is reducing its base interest rates on loans and mortgages by […]