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Informa Research Services, Inc.
Daily Rate Comparison

Informa Research Services, Inc.
Deposit Products Credit Unions Bank Average Difference
12 Month CD $10,000 0.46% 0.28% 0.18%
Personal Savings $1,000 0.21% 0.10% 0.11%
Personal Interest Checking $2,500 0.35% 0.15% 0.20%
NSF Fee $27.89 $32.04 $-4.15
Personal MMDA $2,500 0.17% 0.10% 0.07%
Business MMDA $2,500 0.17% 0.09% 0.08%

Consumer Loan Products Credit Unions Bank Average Difference
Unsecured Personal Loan - $5,000 - 4 Years 10.16% 10.41% -0.25%
New Auto Loan - 5 Years 2.57% 3.83% -1.26%
Used Auto Loan - 2 year Old - 4 Years 2.76% 4.03% -1.27%
HELOC - 80% LTV - $50,000 4.14% 4.41% -0.27%
HE Loan - 80% LTV - $50,000 - 15 Years 5.67% 5.99% -0.32%

Mortgage Loan Products Credit Unions Bank Average Difference
30 Year Fixed Conforming 4.13% 4.14% -0.01%
30 Year Fixed Jumbo 4.21% 4.06% 0.15%
5/1 Year ARM Conforming 2.93% 2.89% 0.04%

Credit Card Products Credit Unions Bank Average Difference
Platinum 9.02% 10.86% -1.84%
Annual Fee $25.00 $65.00 $-40.00
Maximum Late Fee $26.03 $33.81 $-7.78
Reward 10.00% 12.36% -2.36%
Annual Fee $26.71 $101.13 $-74.42
Maximum Late Fee $22.58 $33.22 $-10.64

Indirect Auto Loan Products Credit Unions Bank Average Difference
Indirect A Tier New Auto Loan - 5 Years 3.60% 3.76% -0.16%
Indirect B Tier New Auto Loan - 5 Years 5.34% 5.31% 0.03%
Indirect C Tier New Auto Loan - 5 Years 7.52% 6.76% 0.76%

Averages displayed are straight averages of all institutions within the Informa Research Services database for the selected region as of Thursday, August 28, 2014. For detailed disclosures click here.

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Business Rates

Market
Daily Financial Rates -- 2014-08-29

Financial Rates


Friday, August 29, 2014

03:55 AM CDT

TREASURY YIELD CURVE
(based on the $1 million market)

TermFri
8/29
Thu
8/28
Wed
8/27
Tue
8/26
Mon
8/25
1 month0.020.020.040.020.04
3 month0.030.040.030.040.03
6 month0.050.050.050.050.06
1 year0.110.110.120.110.10
2 year0.500.510.520.530.53
3 year0.950.970.980.990.98
5 year1.631.651.681.691.68
7 year2.042.052.082.092.10
10 year2.342.372.392.392.40
20 year2.822.852.892.882.90
30 year3.083.113.153.133.16

TREASURY BILLS

Results of the August 25, 2014 auction of short-term U.S. government bills, sold at a discount from face value in units of $10,000 to $ 1 million

TermLatest
Mon, 8/25
Week Ago
Mon, 8/18
13 weeks0.0300.030
26 weeks0.0500.050

PRIME RATE

3.25% Last changed December 16, 2008

FEDERAL FUNDS

TermFri
8/29
Thu
8/28
Wed
8/27
Tue
8/26
Mon
8/25
high0.5160.3120.5160.3120.312
low0.0600.0500.0800.0500.050
near closing bid0.0600.0400.0800.0700.080
offered0.2800.0800.1100.2800.100
effective rate20.0800.1100.0800.1200.110

FREDDIE MAC (Mortgage commitments, 30 days)

TermFri
8/29
Thu
8/28
Wed
8/27
Tue
8/26
Mon
8/25
30 year0.000.000.000.000.00

FANNIE MAE (Mortgage commitments, 30 days)

TermFri
8/29
Thu
8/28
Wed
8/27
Tue
8/26
Mon
8/25
30 year3.6773.7203.7133.7173.733

LIBOR

TermFri
8/29
Thu
8/28
Wed
8/27
Tue
8/26
Mon
8/25
1 month0.215000.210000.212000.211000.21100
3 month0.371000.364000.366000.362000.36200
6 month0.541000.536000.544000.538000.53800
1 year0.846000.842000.847000.842000.84200

COMMERCIAL PAPER (Financial, 90 days)

TermWeek ended
8/26
Week ended
8/19
90 days0.230.23

NA: Data not available at time of page generation (shown at top of page)

Sources:
Wall Street Journal
U.S. Dept. of the Treasury


All rates are from the previous business day unless otherwise noted.

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GDP increase of 4.2% reverses Q1 decline

Market
WASHINGTON (8/29/14)--Gross domestic product expanded at a 4.2% on an annualized basis, according to the Bureau of Economic Analysis (BEA), an upward revision of the BEA's previously reported 4% growth and a reversal of the 2.1% decline in the first quarter.
 
Consumer spending made the largest contribution adding 1.7 percentage points to the expansion. Inventory investment, exports and fixed investment were also sources of growth ( Economy.com Aug. 28). Inflation accelerated in the second quarter, led by food and energy prices. Real disposable income growth accelerated.
 
The biggest drag on growth came from imports, which reduced growth by 1.7%.
 
Revisions were positive with growth revised up, particularly from final sales. Profits rose 8% (not annualized) mostly reversing the first-quarter decline. Gross domestic income surged 4.7% after falling 0.8% in the first quarter.
 
Final sales, which exclude the support to GDP from inventories, were weaker, rising 2.8%. That increase follows decline of 1%, which was the largest drop since the first quarter of 2009.
 
The personal consumption expenditures index showed inflation accelerated in the second quarter. It rose 2.3% in the quarter, up from 1.4% the prior three months. Excluding food and energy, inflation rose 2%, up from 1.2% the prior quarter. Neither figure was revised.

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News of the Competition (08/29/2014)

Market
  • WASHINGTON (8/29/14)--Second-quarter results reflect a stronger banking industry and stronger community banks in particular, according to Federal Deposit Insurance Corp. (FDIC) Chair Martin J. Gruenberg. The FDIC reported Thursday that the commercial banks and savings institutions it insures posted aggregate net income of $40.2 billion in the second quarter, up 5.3% from a year earlier . In its last quarterly banking profile, the FDIC added a section on community banks, which make up 93% of all FDIC-insured institutions. The $4.9 billion second-quarter net income at community banks was up $166 million, or 3.5%, over last year. The report also found that community bank loan balances increased faster than the industry as a whole and that they account for 45% of small loans to businesses ...

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