Comparison of Average Savings, Deposits and Loan Rates at Credit Unions and Banks
For March 26, 2021
| Product | Credit Unions (National Average Rate) | Banks (National Average Rate) |
|---|---|---|
Product 5 Year CD-10K |
Credit Unions (National Average Rate) 0.76 |
Banks (National Average Rate) 0.63 |
Product 4 Year CD-10K |
Credit Unions (National Average Rate) 0.66 |
Banks (National Average Rate) 0.55 |
Product 3 Year CD-10K |
Credit Unions (National Average Rate) 0.58 |
Banks (National Average Rate) 0.48 |
Product 2 Year CD-10K |
Credit Unions (National Average Rate) 0.48 |
Banks (National Average Rate) 0.39 |
Product 1 Year CD-10K |
Credit Unions (National Average Rate) 0.36 |
Banks (National Average Rate) 0.29 |
Product 6 Month CD-10K |
Credit Unions (National Average Rate) 0.25 |
Banks (National Average Rate) 0.19 |
Product 3 Month CD-10K |
Credit Unions (National Average Rate) 0.17 |
Banks (National Average Rate) 0.13 |
Product Money market account-2.5K |
Credit Unions (National Average Rate) 0.14 |
Banks (National Average Rate) 0.09 |
Product Interest checking account-2.5K |
Credit Unions (National Average Rate) 0.07 |
Banks (National Average Rate) 0.07 |
Product Regular savings account-2.5K |
Credit Unions (National Average Rate) 0.10 |
Banks (National Average Rate) 0.09 |
Product Credit card, Classic |
Credit Unions (National Average Rate) 10.97 |
Banks (National Average Rate) 12.55 |
Product 30 Year fixed-rate mortgage |
Credit Unions (National Average Rate) 3.16 |
Banks (National Average Rate) 3.15 |
Product 15 Year fixed-rate mortgage |
Credit Unions (National Average Rate) 2.63 |
Banks (National Average Rate) 2.71 |
Product 5/1 Year adjustable rate mortgage |
Credit Unions (National Average Rate) 2.99 |
Banks (National Average Rate) 3.55 |
Product 3/1 Year adjustable rate mortgage |
Credit Unions (National Average Rate) 2.97 |
Banks (National Average Rate) 3.47 |
Product 1 Year adjustable rate mortgage |
Credit Unions (National Average Rate) 2.78 |
Banks (National Average Rate) 3.25 |
Product Unsecured fixed rate loan, 36 months |
Credit Unions (National Average Rate) 8.86 |
Banks (National Average Rate) 9.98 |
Product Home equity loan, 5 year, 80% |
Credit Unions (National Average Rate) 4.27 |
Banks (National Average Rate) 4.86 |
Product Home equity loan, LOC, 80% |
Credit Unions (National Average Rate) 3.79 |
Banks (National Average Rate) 4.15 |
Product Used car loan, 48 months |
Credit Unions (National Average Rate) 3.02 |
Banks (National Average Rate) 5.10 |
Product Used car loan, 36 months |
Credit Unions (National Average Rate) 2.89 |
Banks (National Average Rate) 5.06 |
Product New car loan, 60 months |
Credit Unions (National Average Rate) 2.98 |
Banks (National Average Rate) 4.77 |
Product New car loan, 48 months |
Credit Unions (National Average Rate) 2.86 |
Banks (National Average Rate) 4.68 |
Footnotes
Notes
- Data extracted by NCUA from S&P Global Market Intelligence databases ( This is an external link to a website belonging to another federal agency, private organization, or commercial entity. https://www.spglobal.com/marketintelligence (Opens new window) ) on April 12, 2021. The data represent interest rates reported by active banks and credit unions for the last Friday of the quarter (March 26, 2021).