Thursday, September 4, 2008

Peachtree LBP® Announces Update of Loan Rate for LBP 401(k) Plus®

(BUSINESS WIRE) --Peachtree LBP, the Administrator for LBP 401(k) Plus, announced that todays rate for loans made as part of LBP 401(k) Plus is 5.16%. The loan rate is based on the 12-month LIBOR rate (currently 3.21%) plus a margin of 1.95%. (The LIBOR rate varies on a day-to-day basis, and the actual rate on an LBP® case is set at the time of funding.)


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