BOWLING GREEN, Ohio, March 28 /PRNewswire-FirstCall/ -- Sky Financial Group announced that it is raising the prime interest rate to 7.75 percent from 7.50 percent, effective today.
The prime rate is a benchmark used to set interest rates on various forms of corporate and consumer credit. It is one of several interest rate indexes used by Sky. The prime rate last changed on January 31, 2006.
About Sky Financial Group, Inc.
Sky Financial Group is a $15.7 billion diversified financial holding company with its headquarters located in Bowling Green, Ohio. Sky's asset size places it among the 40 largest publicly-held bank holding companies in the nation. Sky operates over 290 financial centers and over 300 ATMs serving communities in Ohio, Pennsylvania, Michigan, Indiana and West Virginia. Sky's financial service affiliates include: Sky Bank, commercial and retail banking; Sky Trust, asset management services; and Sky Insurance, retail and commercial insurance agency services. Sky is located on the web at http://www.skyfi.com/.
