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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 0.47% 0.28% 0.19%
Personal Savings $1,000 0.21% 0.10% 0.11%
Personal Interest Checking $2,500 0.37% 0.15% 0.22%
NSF Fee $27.91 $32.04 $-4.13
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% 10.33% -0.15%
New Auto Loan - 5 Years 2.61% 3.81% -1.20%
Used Auto Loan - 2 year Old - 4 Years 2.77% 4.00% -1.23%
HELOC - 80% LTV - $50,000 4.13% 4.41% -0.28%
HE Loan - 80% LTV - $50,000 - 15 Years 5.66% 5.93% -0.27%

Mortgage Loan Products Credit Unions Bank Average Difference
30 Year Fixed Conforming 3.98% 4.00% -0.02%
30 Year Fixed Jumbo 4.08% 3.97% 0.11%
5/1 Year ARM Conforming 2.91% 2.84% 0.07%

Credit Card Products Credit Unions Bank Average Difference
Platinum 8.89% 10.48% -1.59%
Annual Fee $25.00 $31.00 $-6.00
Maximum Late Fee $25.54 $33.42 $-7.88
Reward 10.03% 13.68% -3.65%
Annual Fee $26.71 $99.76 $-73.05
Maximum Late Fee $22.61 $33.60 $-10.99

Indirect Auto Loan Products Credit Unions Bank Average Difference
Indirect A Tier New Auto Loan - 5 Years 3.60% 3.75% -0.15%
Indirect B Tier New Auto Loan - 5 Years 5.32% 5.30% 0.02%
Indirect C Tier New Auto Loan - 5 Years 7.47% 6.77% 0.70%

Averages displayed are straight averages of all institutions within the Informa Research Services database for the selected region as of Sunday, October 19, 2014. For detailed disclosures click here.

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Business Rates

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Daily Financial Rates -- 2014-10-20

Financial Rates


Monday, October 20, 2014

03:55 AM CDT

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

TermMon
10/20
Fri
10/17
Thu
10/16
Wed
10/15
Tue
10/14
1 month0.030.040.020.030.02
3 month0.020.030.020.020.01
6 month0.050.050.050.040.04
1 year0.110.100.100.090.10
2 year0.390.350.340.390.45
3 year0.790.750.730.800.89
5 year1.441.391.371.451.55
7 year1.881.821.801.881.99
10 year2.222.172.152.212.31
20 year2.702.662.642.682.77
30 year2.982.942.922.953.03

TREASURY BILLS

Results of the October 14, 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
Tue, 10/14
Week Ago
Mon, 10/6
13 weeks0.0100.015
26 weeks0.0400.040

PRIME RATE

3.25% Last changed December 16, 2008

FEDERAL FUNDS

TermMon
10/20
Fri
10/17
Thu
10/16
Wed
10/15
Tue
10/14
high0.3120.3120.3120.3120.312
low0.0500.0600.0600.0500.050
near closing bid0.0700.0700.0600.0700.070
offered0.1000.0800.0800.0900.100
effective rate20.1000.1000.1000.1000.100

FREDDIE MAC (Mortgage commitments, 30 days)

TermMon
10/20
Fri
10/17
Thu
10/16
Wed
10/15
Tue
10/14
30 year0.000.000.000.000.00

FANNIE MAE (Mortgage commitments, 30 days)

TermMon
10/20
Fri
10/17
Thu
10/16
Wed
10/15
Tue
10/14
30 year3.4833.4493.3313.4783.573

LIBOR

TermMon
10/20
Fri
10/17
Thu
10/16
Wed
10/15
Tue
10/14
1 month0.228000.226000.227000.226000.22800
3 month0.378000.378000.376000.378000.38000
6 month0.538000.538000.536000.538000.53700
1 year0.839000.839000.837000.839000.83900

COMMERCIAL PAPER (Financial, 90 days)

TermWeek ended
10/15
Week ended
10/7
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

Consumer confidence surges to 7-year high

Market
WASHINGTON (10/20/14)--Despite expectations for a decline, consumer confidence gained a sizable 1.8 points in October, according to a preliminary monthly reading of the University of Michigan's consumer sentiment survey, released Friday ( Economy.com Oct. 17).

While the 86.4 reading is the highest in more than seven years, forecasters have tempered expectations for the final reading for the month, as recent instability in the stock market and worries over a potential Ebola outbreak could reverse those positive feelings.  

"The better reading on household confidence provides some indication that consumers' attitudes have remained unperturbed by the recent turbulence in the global financial market and the Ebola scare," Millan Mulraine, TD Securities deputy head of U.S. research and strategy, told MarketWatch (Oct. 17). "However, this initial reading is likely to be revised lower when the final print is released later this month."

The survey's headline reading, meanwhile, was driven by a positive overall outlook on the economy, buoyed by stronger hiring numbers, lower gas prices and cheaper borrowing costs, according to Moody's.

The current conditions subcomponent stood pat at 98.9 from the previous month, holding the three-month moving average for that gauge at 99.2.

Shoppers believe prices will climb 2.8% over the next 12 months, a slight drop from last month's expectation of a full 3% increase in prices.

Consumers further expect inflation to average 2.8% per year for the next five years, which is unchanged from September's expectations, according to Moody's.

"It appears that the positive crosscurrents are overpowering the negative, and barring a major shock, consumer sentiment should continue to trend higher over the next year," said Nate Kelley, Moody's analyst ( Economy.com ).

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