Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Market

Consumer Rates

Market

Informa Research Services, Inc.
Daily Rate Comparison

Informa Research Services, Inc.
Deposit Products Credit Unions Bank Average Difference
12 Month CD $10,000 0.49% 0.27% 0.22%
Personal Savings $1,000 0.21% 0.09% 0.12%
Personal Interest Checking $2,500 0.37% 0.15% 0.22%
NSF Fee $28.05 $30.70 $-2.65
Personal MMDA $2,500 0.18% 0.10% 0.08%
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 10.08% 10.06% 0.02%
New Auto Loan - 5 Years 2.59% 3.73% -1.14%
Used Auto Loan - 2 year Old - 4 Years 2.72% 3.97% -1.25%
HELOC - 80% LTV - $50,000 4.10% 4.34% -0.24%
HE Loan - 80% LTV - $50,000 - 15 Years 5.60% 5.82% -0.22%

Mortgage Loan Products Credit Unions Bank Average Difference
30 Year Fixed Conforming 3.72% 3.73% -0.01%
30 Year Fixed Jumbo 3.83% 3.73% 0.10%
5/1 Year ARM Conforming 3.02% 2.91% 0.11%

Credit Card Products Credit Unions Bank Average Difference
Platinum 8.88% 10.58% -1.70%
Annual Fee $25.00 $35.43 $-10.43
Maximum Late Fee $25.81 $31.83 $-6.02
Reward 10.27% 13.52% -3.25%
Annual Fee $37.50 $93.97 $-56.47
Maximum Late Fee $22.97 $33.55 $-10.58

Indirect Auto Loan Products Credit Unions Bank Average Difference
Indirect A Tier New Auto Loan - 5 Years 3.54% 3.46% 0.08%
Indirect B Tier New Auto Loan - 5 Years 5.22% 4.99% 0.23%
Indirect C Tier New Auto Loan - 5 Years 7.45% 6.52% 0.93%

Averages displayed are straight averages of all institutions within the Informa Research Services database for the selected region as of Sunday, April 26, 2015. For detailed disclosures click here.

Other Resources

Business Rates

Market
Daily Financial Rates -- 2015-04-27

Financial Rates


Monday, April 27, 2015

03:55 AM CDT

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

TermMon
4/27
Fri
4/24
Thu
4/23
Wed
4/22
Tue
4/21
1 month0.030.010.010.020.03
3 month0.030.030.030.030.03
6 month0.100.090.100.090.10
1 year0.240.240.230.230.24
2 year0.540.550.570.550.55
3 year0.840.870.910.860.86
5 year1.341.371.411.351.33
7 year1.681.701.751.671.65
10 year1.931.961.991.921.90
20 year2.362.382.422.332.31
30 year2.622.632.662.582.56

TREASURY BILLS

Results of the April 20, 2015 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, 4/20
Week Ago
Mon, 4/13
13 weeks0.0250.025
26 weeks0.0900.105

PRIME RATE

3.25% Last changed December 16, 2008

FEDERAL FUNDS

TermMon
4/27
Fri
4/24
Thu
4/23
Wed
4/22
Tue
4/21
high0.3120.3120.3120.3120.312
low0.0500.0700.0500.0600.050
near closing bid0.0500.0500.0800.1000.130
offered0.2500.2500.1200.1300.250
effective rate20.1400.1400.1400.1500.150

FREDDIE MAC (Mortgage commitments, 30 days)

TermMon
4/27
Fri
4/24
Thu
4/23
Wed
4/22
Tue
4/21
30 year0.000.000.000.000.00

FANNIE MAE (Mortgage commitments, 30 days)

TermMon
4/27
Fri
4/24
Thu
4/23
Wed
4/22
Tue
4/21
30 year3.2703.2543.2313.1853.200

LIBOR

TermMon
4/27
Fri
4/24
Thu
4/23
Wed
4/22
Tue
4/21
1 month0.237000.236000.238000.237000.23900
3 month0.388000.385000.385000.386000.39000
6 month0.541000.541000.541000.539000.54200
1 year0.842000.841000.842000.842000.84200

COMMERCIAL PAPER (Financial, 90 days)

TermWeek ended
4/21
Week ended
4/14
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

ECRI leading index trending upward with latest gain

Market
WASHINGTON (4/27/15)--The ECRI Weekly Leading Index (WLI) rose 0.4 points to 133.2 for the week ending April 17, the seventh straight week of increases, according to the Economic Cycle Research Institute ( Economy.com April 24).

The index compiles a number of major U.S. economic indicators to reflect the relative state of the economy.

"The WLI increased again this week, and it seems safe to call the recent strong numbers an upward trend, especially as last week's drop was revised upward at no change," said Thomas McCartin, Moody's analyst ( Economy.com ).

The smoothed annualized growth rate for the index rose to -0.7%, and the 12-week average of the growth rate sits at -3.2%.

Over the past six months, the WLI has averaged 131.6, far below the 134.9 seen the prior six months. The index also fell 1% on an annual basis for the week.

"First quarter growth, to be reported in the advance GDP estimate (this) week, will likely be in the ballpark of a tepid 1.3%," McCartin said. "There are numerous headwinds that should prove temporary, such as delayed spending and construction during the harsh winter felt in much of the country, the strong U.S. dollar that has hurt the value of exports, and labor issues at West Coast ports."

Other Resources

News of the Competition (4/27/15)

Market
NEW YORK (4/27/15)-- The bitcoin exchange itBit filed for a banking license in New York last week, Reuters reported. If approved, it would make the exchange--a place where the cryptocurrency can be bought and sold--the first bitcoin company to be regulated as a financial institution in the United States. Reuters said itBit decided to apply for the license because of its desire to expand its business in the financial services realm, while at the same time to present itself as more of a legitimate organization, especially after the collapse of the largest exchange, Mt. Gox, last year. "Some highly publicized failures and potentially illegal activity have focused attention on virtual currencies and have highlighted the need for a sound regulatory framework for virtual currencies," said Charles Cascarilla, itBit CEO, in a recent letter to the New York state banking regulator. Added David Berger, CEO of the Digital Currency Council: "Whether fairly or not, companies that work within the regulatory framework are more trusted by customers and partners" ...

Other Resources

RSS





print
News Now LiveWire
About 1 in 5 #CUs offer credit-building loans,@SchenkMike @CUNA vice president of economics and statistics, told @CreditCardsCom
4 hours ago
RT @CUNA: DDoS attacks shorter, intense, more expensive: @VERISIGN HT @newsnowlivewire http://t.co/QiQKIEjK5v
5 hours ago
RT @CUNA: .@CUNACouncils launches new website. Offering site tours to current members. Check it out! http://t.co/YFJA1tKIxn
5 hours ago
.@Discover to support #ApplePay by fall http://t.co/3wDjkOVU7P HT @Forbes
6 hours ago
.@HUDgov requires investors to delay foreclosure for a year and offers a non-profit only pool sale http://t.co/WYzQrTL3QA
9 hours ago