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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 0.48% 0.28% 0.20%
Personal Savings $1,000 0.20% 0.10% 0.10%
Personal Interest Checking $2,500 0.37% 0.15% 0.22%
NSF Fee $27.91 $30.91 $-3.00
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 10.18% 10.30% -0.12%
New Auto Loan - 5 Years 2.61% 3.83% -1.22%
Used Auto Loan - 2 year Old - 4 Years 2.77% 4.02% -1.25%
HELOC - 80% LTV - $50,000 4.13% 4.42% -0.29%
HE Loan - 80% LTV - $50,000 - 15 Years 5.66% 5.92% -0.26%

Mortgage Loan Products Credit Unions Bank Average Difference
30 Year Fixed Conforming 3.99% 4.06% -0.07%
30 Year Fixed Jumbo 4.08% 4.06% 0.02%
5/1 Year ARM Conforming 2.92% 2.86% 0.06%

Credit Card Products Credit Unions Bank Average Difference
Platinum 8.89% 10.45% -1.56%
Annual Fee $25.00 $31.00 $-6.00
Maximum Late Fee $25.54 $33.45 $-7.91
Reward 10.03% 13.68% -3.65%
Annual Fee $26.71 $99.76 $-73.05
Maximum Late Fee $22.61 $33.62 $-11.01

Indirect Auto Loan Products Credit Unions Bank Average Difference
Indirect A Tier New Auto Loan - 5 Years 3.59% 3.70% -0.11%
Indirect B Tier New Auto Loan - 5 Years 5.31% 5.21% 0.09%
Indirect C Tier New Auto Loan - 5 Years 7.46% 6.67% 0.78%

Averages displayed are straight averages of all institutions within the Informa Research Services database for the selected region as of Thursday, October 30, 2014. For detailed disclosures click here.

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Business Rates

Market
Daily Financial Rates -- 2014-10-31

Financial Rates


Friday, October 31, 2014

03:55 AM CDT

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

TermFri
10/31
Thu
10/30
Wed
10/29
Tue
10/28
Mon
10/27
1 month0.010.010.020.030.02
3 month0.010.030.020.020.01
6 month0.060.070.050.060.06
1 year0.110.110.110.110.11
2 year0.480.480.420.410.41
3 year0.910.930.840.810.82
5 year1.581.611.531.511.52
7 year2.022.031.971.941.96
10 year2.322.342.302.272.29
20 year2.772.792.792.752.77
30 year3.043.063.063.043.05

TREASURY BILLS

Results of the October 27, 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, 10/27
Week Ago
Mon, 10/20
13 weeks0.0200.020
26 weeks0.0550.050

PRIME RATE

3.25% Last changed December 16, 2008

FEDERAL FUNDS

TermFri
10/31
Thu
10/30
Wed
10/29
Tue
10/28
Mon
10/27
high0.3120.3120.3120.3120.312
low0.0600.0500.0400.0700.050
near closing bid0.0700.0400.0700.0700.070
offered0.2700.0800.2700.0900.270
effective rate20.1100.1100.1100.1000.100

FREDDIE MAC (Mortgage commitments, 30 days)

TermFri
10/31
Thu
10/30
Wed
10/29
Tue
10/28
Mon
10/27
30 year0.000.000.000.000.00

FANNIE MAE (Mortgage commitments, 30 days)

TermFri
10/31
Thu
10/30
Wed
10/29
Tue
10/28
Mon
10/27
30 year3.5793.5683.5593.5483.497

LIBOR

TermFri
10/31
Thu
10/30
Wed
10/29
Tue
10/28
Mon
10/27
1 month0.229000.228000.232000.229000.22800
3 month0.377000.376000.379000.376000.37600
6 month0.536000.537000.538000.537000.53700
1 year0.838000.838000.839000.839000.83900

COMMERCIAL PAPER (Financial, 90 days)

TermWeek ended
10/28
Week ended
10/21
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.

Other Resources

GDP estimate shows broad-based strength with 3.5% gain

Market
WASHINGTON (10/31/14)--Seasonally adjusted annualized real gross domestic product (GDP) growth fell in the third quarter by 1.1% to 3.5%, according to an early estimate by the U.S. Department of Commerce.
 
The Bureau of Economic Analysis report released Thursday showed that the decline was largely attributed to decreased spending on inventories, which held back overall economic growth by 0.57%.

Decelerations of growth in fixed investment also contributed to the slowdown. Residential investment in the third quarter fell to 1.8% from 8.8% while nonresidential investment dropped to 5.5% from 9.7%.
 
The data does indicate, however, that the economic recovery is gaining momentum. Moody's analysts said that economic growth is "above trend" at almost 3%. In four of the last five quarters, real GDP has grown more than 3%, with recent broad-based monthly job gains averaging almost 225,000 ( Economy.com Oct. 30). The ratings and research firm also noted that job openings have significantly increased since the start of year.
 
Contributing to growth in the third quarter were net-exports and government spending. The former, at 1.3%, was driven by a decrease in spending on imports, which fell by 1.7% after an 11.3% increase in the second quarter. The latter grew by 10%, up from 0.9% in the second quarter--pushed higher by a 16% increase in defense spending.
 
Moody's analysts said that government spending made its largest contribution to growth since 2009, potentially leading to higher numbers than expected. The Wall Street Journal had predicted that real GDP would increase in the third quarter by 3.1% (Oct. 30).
 
Almost mirroring the drop in real GDP growth was a fall in real disposable income. It fell from 2.7% to 4.4% despite a decrease in inflation growth to 1.2% from 2.3%.
 
The savings rate rose slightly by 0.1% to 5.4% while growth in real personal consumption expenditures fell to 1.8% from 2.5%.
 
The preliminary reading could be revised down when the BEA's second report on the third-quarter, based on more complete data, comes out Nov. 25. The Wall Street Journal pointed out that many Americans are barely seeing wage increases keep pace with inflation since the recession wiped out much of their wealth. The paper also noted that the Federal Reserve announced Wednesday that its quantitative easing program has been terminated. Economists, the Journal stated, could similarly dampen their outlook with economic woes in Europe and East Asia.

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