re: Fed potentially raising rates

Yes - now is the time if you plan to be there a while.

Also, if you have any floating rate debt (line of credit, etc) now is the time to term those out and lock a rate.

The ability to secure long term, low interest rates is critical right now....personal debt and business debt. In fact, term may be a bit more important than rate.

I believe smaller banks are a about to be facing some serious decisions. Larger banks should be able to make hand over fist though....but an interest rate increase is already priced in many of those stocks.