News Releases


Harris raises Small Business Lending Rate to 4.0 percent


CHICAGO, August 12, 2004 Harris and its 27 Chicagoland community banks have raised the Harris Small Business Lending Rate to 4.0 percent from 3.75 percent, effective August 12, 2004. The Harris Small Business Lending Rate, introduced by Harris in early 1994, is, in effect, Harris' prime rate for small business, and tracks one-half percent below the Wall Street Journal Prime.


Harris, Harris Private Bank and Harris Nesbitt are trade names used by various financial service providers in the BMO Financial Group, a marketing name used by Bank of Montreal. Banking products and services are provided by Harris Trust and Savings Bank and its bank affiliates. Members FDIC. Insurance and annuities are offered through Harris Bancorp Insurance Services, Inc (HBIS). Securities are provided by Harris Nesbitt Corp (HNC), a registered broker dealer, member NYSE, NASD and SIPC and Harrisdirect LLC (Hd), a registered broker dealer, member NASD and SIPC. HBIS, HNC and Hd are wholly owned subsidiaries of Harris Financial Corporation. Products offered by HBIS, HNC and Hd are Not Insured by the FDIC or any Federal Government Agency, Not a Deposit of or Guaranteed by Any Bank or Bank Affiliate, May Lose Value. The purchase of insurance or an annuity is not a condition on any bank loan or service. Financial planning and investment advisory services are provided by Sullivan, Bruyette, Speros & Blaney, Inc. ,an SEC registered investment advisor. Family office services are provided by Harris myCFO, Inc. Investment advisory services are also offered by Harris myCFO Investment Advisory Services LLC, an SEC registered investment advisor and a wholly-owned subsidiary of Harris myCFO, Inc. Not all products and services are offered in every state and/or location.


# # #

Back to Index of News Releases
 

     
 
  personal banking | direct investing | advisory services | private banking | business banking | corporate & institutional   privacy | legal | disclosure
  Banking products and services provided by Harris Bank, a trademark used by Harris Trust and Savings Bank and its banking affiliates - Members FDIC.
Fiduciary responsibilities are handled by Harris Trust and Savings Bank and The Harris Bank N.A.
Investment Products offered by Harrisdirect LLC are
Not FDIC Insured - May Lose Value - No Bank Guarantee.