Comparison of Historical Rates: Credit Unions, Savings Banks, and Other Banks
(Comparison of average credit union, savings bank, and other bank rates at year-end)
Data compiled by Datatrac, Inc.
Contact: Ken Wanek at 1-800-257-7101
36 month Used Auto Loan, 2 Year-Old Auto
| Type of Institution | Rates at Year-end 2003 | Rates at Year-end 2004 | Rates at Year-end 2005 |
|---|---|---|---|
| Credit Unions | Type of Institution 4.94 |
Rates at Year-end 2003 4.95 |
Rates at Year-end 2004 5.62 |
| Savings Banks | Type of Institution 7.05 |
Rates at Year-end 2003 6.96 |
Rates at Year-end 2004 7.49 |
| Other Banks | Type of Institution 7.78 |
Rates at Year-end 2003 7.09 |
Rates at Year-end 2004 7.78 |
48 month Used Auto Loan, 2 Year-Old Auto
| Type of Institution | Rates at Year-end 2003 | Rates at Year-end 2004 | Rates at Year-end 2005 |
|---|---|---|---|
| Credit Unions | Type of Institution 5.05 |
Rates at Year-end 2003 5.07 |
Rates at Year-end 2004 5.72 |
| Savings Banks | Type of Institution 7.05 |
Rates at Year-end 2003 6.92 |
Rates at Year-end 2004 7.51 |
| Other Banks | Type of Institution 7.21 |
Rates at Year-end 2003 7.14 |
Rates at Year-end 2004 7.81 |
48 Month New Auto Loan
| Type of Institution | Rates at Year-end 2003 | Rates at Year-end 2004 | Rates at Year-end 2005 |
|---|---|---|---|
| Credit Unions | Type of Institution 4.72 |
Rates at Year-end 2003 4.76 |
Rates at Year-end 2004 5.44 |
| Savings Banks | Type of Institution 6.52 |
Rates at Year-end 2003 6.37 |
Rates at Year-end 2004 6.93 |
| Other Banks | Type of Institution 6.49 |
Rates at Year-end 2003 6.43 |
Rates at Year-end 2004 7.12 |
60-month New Auto Loan
| Type of Institution | Rates at Year-end 2003 | Rates at Year-end 2004 | Rates at Year-end 2005 |
|---|---|---|---|
| Credit Unions | Type of Institution 4.84 |
Rates at Year-end 2003 4.88 |
Rates at Year-end 2004 5.57 |
| Savings Banks | Type of Institution 6.61 |
Rates at Year-end 2003 6.44 |
Rates at Year-end 2004 7.04 |
| Other Banks | Type of Institution 6.56 |
Rates at Year-end 2003 6.51 |
Rates at Year-end 2004 7.21 |
36 Month Unsecured Loan, Fixed Rate
| Type of Institution | Rates at Year-end 2003 | Rates at Year-end 2004 | Rates at Year-end 2005 |
|---|---|---|---|
| Credit Unions | Type of Institution 11.10 |
Rates at Year-end 2003 10.82 |
Rates at Year-end 2004 10.97 |
| Savings Banks | Type of Institution 12.27 |
Rates at Year-end 2003 12.37 |
Rates at Year-end 2004 12.41 |
| Other Banks | Type of Institution 12.02 |
Rates at Year-end 2003 12.04 |
Rates at Year-end 2004 12.50 |
1 Year Adjustable Rate Mortgage
| Type of Institution | Rates at Year-end 2003 | Rates at Year-end 2004 | Rates at Year-end 2005 |
|---|---|---|---|
| Credit Unions | Type of Institution 3.72 |
Rates at Year-end 2003 4.06 |
Rates at Year-end 2004 4.92 |
| Savings Banks | Type of Institution 4.00 |
Rates at Year-end 2003 4.23 |
Rates at Year-end 2004 5.30 |
| Other Banks | Type of Institution 4.04 |
Rates at Year-end 2003 4.49 |
Rates at Year-end 2004 5.68 |
15 Year Fixed Rate Mortgage
| Type of Institution | Rates at Year-end 2003 | Rates at Year-end 2004 | Rates at Year-end 2005 |
|---|---|---|---|
| Credit Unions | Type of Institution 5.31 |
Rates at Year-end 2003 5.32 |
Rates at Year-end 2004 5.98 |
| Savings Banks | Type of Institution 5.23 |
Rates at Year-end 2003 5.24 |
Rates at Year-end 2004 5.92 |
| Other Banks | Type of Institution 5.32 |
Rates at Year-end 2003 5.25 |
Rates at Year-end 2004 5.98 |
3 Year Adjustable Rate Mortgage
| Type of Institution | Rates at Year-end 2003 | Rates at Year-end 2004 | Rates at Year-end 2005 |
|---|---|---|---|
| Credit Unions | Type of Institution 4.34 |
Rates at Year-end 2003 4.59 |
Rates at Year-end 2004 5.55 |
| Savings Banks | Type of Institution 4.40 |
Rates at Year-end 2003 4.70 |
Rates at Year-end 2004 5.66 |
| Other Banks | Type of Institution 4.46 |
Rates at Year-end 2003 4.88 |
Rates at Year-end 2004 5.95 |
30 Year Fixed Rate Mortgage
| Type of Institution | Rates at Year-end 2003 | Rates at Year-end 2004 | Rates at Year-end 2005 |
|---|---|---|---|
| Credit Unions | Type of Institution 5.92 |
Rates at Year-end 2003 5.82 |
Rates at Year-end 2004 6.38 |
| Savings Banks | Type of Institution 5.93 |
Rates at Year-end 2003 5.81 |
Rates at Year-end 2004 6.39 |
| Other Banks | Type of Institution 5.95 |
Rates at Year-end 2003 5.79 |
Rates at Year-end 2004 6.39 |
5 Year Adjustable Rate Mortgage
| Type of Institution | Rates at Year-end 2003 | Rates at Year-end 2004 | Rates at Year-end 2005 |
|---|---|---|---|
| Credit Unions | Type of Institution 4.96 |
Rates at Year-end 2003 5.06 |
Rates at Year-end 2004 5.82 |
| Savings Banks | Type of Institution 4.97 |
Rates at Year-end 2003 5.07 |
Rates at Year-end 2004 5.83 |
| Other Banks | Type of Institution 5.04 |
Rates at Year-end 2003 5.19 |
Rates at Year-end 2004 6.09 |
Credit Card (Classic)
| Type of Institution | Rates at Year-end 2003 | Rates at Year-end 2004 | Rates at Year-end 2005 |
|---|---|---|---|
| Credit Unions | Type of Institution 12.18 |
Rates at Year-end 2003 11.97 |
Rates at Year-end 2004 12.06 |
| Savings Banks | Type of Institution 11.92 |
Rates at Year-end 2003 11.60 |
Rates at Year-end 2004 13.27 |
| Other Banks | Type of Institution 12.33 |
Rates at Year-end 2003 12.39 |
Rates at Year-end 2004 14.13 |
Credit Card (Gold)
| Type of Institution | Rates at Year-end 2003 | Rates at Year-end 2004 | Rates at Year-end 2005 |
|---|---|---|---|
| Credit Unions | Type of Institution 10.40 |
Rates at Year-end 2003 10.25 |
Rates at Year-end 2004 10.26 |
| Savings Banks | Type of Institution 10.75 |
Rates at Year-end 2003 10.51 |
Rates at Year-end 2004 10.86 |
| Other Banks | Type of Institution 10.49 |
Rates at Year-end 2003 10.83 |
Rates at Year-end 2004 11.13 |
3 Month Certificate of Deposit (Share Certificate), $10,000 Minimum
| Type of Institution | Rates at Year-end 2003 | Rates at Year-end 2004 | Rates at Year-end 2005 |
|---|---|---|---|
| Credit Unions | Type of Institution 1.13 |
Rates at Year-end 2003 1.48 |
Rates at Year-end 2004 2.59 |
| Savings Banks | Type of Institution 0.94 |
Rates at Year-end 2003 1.34 |
Rates at Year-end 2004 2.31 |
| Other Banks | Type of Institution 0.87 |
Rates at Year-end 2003 1.29 |
Rates at Year-end 2004 2.29 |
6 Month Certificate of Deposit (Share Certificate), $10,000 Minimum
| Type of Institution | Rates at Year-end 2003 | Rates at Year-end 2004 | Rates at Year-end 2005 |
|---|---|---|---|
| Credit Unions | Type of Institution 1.35 |
Rates at Year-end 2003 1.79 |
Rates at Year-end 2004 3.13 |
| Savings Banks | Type of Institution 1.11 |
Rates at Year-end 2003 1.65 |
Rates at Year-end 2004 2.88 |
| Other Banks | Type of Institution 1.04 |
Rates at Year-end 2003 1.63 |
Rates at Year-end 2004 2.83 |
1 Year Certificate of Deposit (Share Certificate), $10,000 Minimum
| Type of Institution | Rates at Year-end 2003 | Rates at Year-end 2004 | Rates at Year-end 2005 |
|---|---|---|---|
| Credit Unions | Type of Institution 1.62 |
Rates at Year-end 2003 2.22 |
Rates at Year-end 2004 3.62 |
| Savings Banks | Type of Institution 1.35 |
Rates at Year-end 2003 2.05 |
Rates at Year-end 2004 3.37 |
| Other Banks | Type of Institution 1.27 |
Rates at Year-end 2003 2.03 |
Rates at Year-end 2004 3.34 |
2 Year Certificate of Deposit (Share Certificate), $10,000 Minimum
| Type of Institution | Rates at Year-end 2003 | Rates at Year-end 2004 | Rates at Year-end 2005 |
|---|---|---|---|
| Credit Unions | Type of Institution 2.11 |
Rates at Year-end 2003 2.79 |
Rates at Year-end 2004 3.93 |
| Savings Banks | Type of Institution 1.88 |
Rates at Year-end 2003 2.63 |
Rates at Year-end 2004 3.64 |
| Other Banks | Type of Institution 1.80 |
Rates at Year-end 2003 2.55 |
Rates at Year-end 2004 3.59 |
3 Year Certificate of Deposit (Share Certificate), $10,000 Minimum
| Type of Institution | Rates at Year-end 2003 | Rates at Year-end 2004 | Rates at Year-end 2005 |
|---|---|---|---|
| Credit Unions | Type of Institution 2.60 |
Rates at Year-end 2003 3.28 |
Rates at Year-end 2004 4.14 |
| Savings Banks | Type of Institution 2.42 |
Rates at Year-end 2003 3.04 |
Rates at Year-end 2004 3.83 |
| Other Banks | Type of Institution 2.30 |
Rates at Year-end 2003 2.97 |
Rates at Year-end 2004 3.79 |
4 Year Certificate of Deposit (Share Certificate), $10,000 Minimum
| Type of Institution | Rates at Year-end 2003 | Rates at Year-end 2004 | Rates at Year-end 2005 |
|---|---|---|---|
| Credit Unions | Type of Institution 2.98 |
Rates at Year-end 2003 3.66 |
Rates at Year-end 2004 4.33 |
| Savings Banks | Type of Institution 2.74 |
Rates at Year-end 2003 3.32 |
Rates at Year-end 2004 3.94 |
| Other Banks | Type of Institution 2.64 |
Rates at Year-end 2003 3.27 |
Rates at Year-end 2004 3.91 |
5 Year Certificate of Deposit (Share Certificate), $10,000 Minimum
| Type of Institution | Rates at Year-end 2003 | Rates at Year-end 2004 | Rates at Year-end 2005 |
|---|---|---|---|
| Credit Unions | Type of Institution 3.43 |
Rates at Year-end 2003 4.07 |
Rates at Year-end 2004 4.58 |
| Savings Banks | Type of Institution 3.22 |
Rates at Year-end 2003 3.73 |
Rates at Year-end 2004 4.20 |
| Other Banks | Type of Institution 3.08 |
Rates at Year-end 2003 3.61 |
Rates at Year-end 2004 4.13 |
Interest Checking Account (Dividend Checking)
| Type of Institution | Rates at Year-end 2003 | Rates at Year-end 2004 | Rates at Year-end 2005 |
|---|---|---|---|
| Credit Unions | Type of Institution 0.48 |
Rates at Year-end 2003 0.48 |
Rates at Year-end 2004 0.51 |
| Savings Banks | Type of Institution 0.44 |
Rates at Year-end 2003 0.42 |
Rates at Year-end 2004 0.49 |
| Other Banks | Type of Institution 0.32 |
Rates at Year-end 2003 0.34 |
Rates at Year-end 2004 0.45 |
Money Market Account
| Type of Institution | Rates at Year-end 2003 | Rates at Year-end 2004 | Rates at Year-end 2005 |
|---|---|---|---|
| Credit Unions | Type of Institution 0.97 |
Rates at Year-end 2003 1.01 |
Rates at Year-end 2004 1.44 |
| Savings Banks | Type of Institution 0.65 |
Rates at Year-end 2003 0.70 |
Rates at Year-end 2004 0.99 |
| Other Banks | Type of Institution 0.51 |
Rates at Year-end 2003 0.57 |
Rates at Year-end 2004 0.85 |
Regular Savings Account, $10,000 minimum
| Type of Institution | Rates at Year-end 2003 | Rates at Year-end 2004 | Rates at Year-end 2005 |
|---|---|---|---|
| Credit Unions | Type of Institution 0.56 |
Rates at Year-end 2003 0.55 |
Rates at Year-end 2004 0.67 |
| Savings Banks | Type of Institution 0.60 |
Rates at Year-end 2003 0.60 |
Rates at Year-end 2004 0.67 |
| Other Banks | Type of Institution 0.49 |
Rates at Year-end 2003 0.36 |
Rates at Year-end 2004 0.49 |