AMERIBOR® is a new benchmark interest rate created by the American Financial Exchange. AMERIBOR® reflects the actual borrowing costs of thousands of small, medium and regional banks across America. AMERIBOR® is also useful for larger banks and financial institutions that do business with these banks, as well as small and middle market companies. The London Interbank Offered Rate (LIBOR) is currently the dominant benchmark for determining interest payments on adjustable rate financial products. There are trillions of dollars of loan and derivatives contracts tied to LIBOR which is scheduled to be phased out by the Bank of England in 2021. Consequently there is an immediate need to develop alternative benchmarks whether or not LIBOR continues as a benchmark. The Federal Reserve Bank recently launched the Secured Overnight Financing Rate (SOFR) as one alternative benchmark. While useful in their respective markets, neither LIBOR nor SOFR serve the requirements of the thousands of banks across America which do not borrow at either LIBOR or SOFR to fund their balance sheets. These banks need a separate and distinct benchmark that reflects their actual borrowing costs. This benchmark is AMERIBOR®.