News Release
HSBC Bank USA, N.A. And Affiliates Raise Prime and Reference Rate
20 September 2005
NEW YORK – HSBC Bank , N.A. and its affiliates announced that they will raise their Prime and Reference rate from 6.50 percent to 6.75 percent effective today, Tuesday, September 20, 2005.
About HSBC Bank USA, National Association
HSBC Bank USA, N.A. has nearly 400 branches in New York State, a network of branches in Florida, California and Pennsylvania and one branch each in Delaware, New Jersey, Washington State, Oregon and Washington, D.C. It is the principal subsidiary of HSBC USA Inc, an indirectly-held, wholly-owned subsidiary of HSBC North America Holdings Inc., and one of the nation's 10 largest bank holding companies by assets. For more information about HSBC Bank USA and its products and services visit us.hsbc.com.
Media Contacts
- Stephen E. Cohen
- stephen.e.cohen@us.hsbc.com
- Group Public Affairs
- HSBC Bank USA, N.A.
- (212) 525-6901
