Credit Union and Bank Rates 2013 Q4

Comparison of Average Savings and Loan Rates at Credit Unions (CUs) and Banks
December 27, 2013

Data Provided to NCUA by SNL

Product	All CUs (National Average Rate)	All Banks (National Average Rate)	27 Banks Converted from CUs (Average Rate)
Product 5 YR CD-10K	All CUs (National Average Rate) 1.31	All Banks (National Average Rate) 1.12	27 Banks Converted from CUs (Average Rate) 1.21
Product 4 YR CD-10K	All CUs (National Average Rate) 1.05	All Banks (National Average Rate) 0.90	27 Banks Converted from CUs (Average Rate) 0.95
Product 3 YR CD-10K	All CUs (National Average Rate) 0.84	All Banks (National Average Rate) 0.73	27 Banks Converted from CUs (Average Rate) 0.82
Product 2 YR CD-10K	All CUs (National Average Rate) 0.62	All Banks (National Average Rate) 0.54	27 Banks Converted from CUs (Average Rate) 0.62
Product 1 YR CD-10K	All CUs (National Average Rate) 0.41	All Banks (National Average Rate) 0.35	27 Banks Converted from CUs (Average Rate) 0.39
Product 6 MO CD-10K	All CUs (National Average Rate) 0.28	All Banks (National Average Rate) 0.22	27 Banks Converted from CUs (Average Rate) 0.23
Product 3 MO CD-10K	All CUs (National Average Rate) 0.18	All Banks (National Average Rate) 0.14	27 Banks Converted from CUs (Average Rate) 0.15
Product MONEY MARKET-2.5K	All CUs (National Average Rate) 0.16	All Banks (National Average Rate) 0.12	27 Banks Converted from CUs (Average Rate) 0.13
Product INT CHKING-5K	All CUs (National Average Rate) 0.10	All Banks (National Average Rate) 0.09	27 Banks Converted from CUs (Average Rate) 0.06
Product REG SAVINGS-1K	All CUs (National Average Rate) 0.13	All Banks (National Average Rate) 0.13	27 Banks Converted from CUs (Average Rate) 0.09
Product CREDITCRD CLASSIC	All CUs (National Average Rate) 11.59	All Banks (National Average Rate) 12.90	27 Banks Converted from CUs (Average Rate) 11.16
Product 30YR FIX	All CUs (National Average Rate) 4.52	All Banks (National Average Rate) 4.50	27 Banks Converted from CUs (Average Rate) 4.46
Product 15YR FIX	All CUs (National Average Rate) 3.60	All Banks (National Average Rate) 3.60	27 Banks Converted from CUs (Average Rate) 3.47
Product 5/1YR ARM	All CUs (National Average Rate) 3.32	All Banks (National Average Rate) 3.59	27 Banks Converted from CUs (Average Rate) 3.23
Product 3/1YR ARM	All CUs (National Average Rate) 3.24	All Banks (National Average Rate) 3.48	27 Banks Converted from CUs (Average Rate) 2.80
Product 1YR ARM	All CUs (National Average Rate) 3.30	All Banks (National Average Rate) 3.48	27 Banks Converted from CUs (Average Rate) 2.51
Product UNSECRD FIX36	All CUs (National Average Rate) 9.60	All Banks (National Average Rate) 10.51	27 Banks Converted from CUs (Average Rate) 10.81
Product HM EQ 5 80%	All CUs (National Average Rate) 4.73	All Banks (National Average Rate) 5.23	27 Banks Converted from CUs (Average Rate) 5.12
Product HOME EQ LOC 80%	All CUs (National Average Rate) 4.15	All Banks (National Average Rate) 4.43	27 Banks Converted from CUs (Average Rate) 4.28
Product USED CAR 48MO	All CUs (National Average Rate) 2.90	All Banks (National Average Rate) 5.46	27 Banks Converted from CUs (Average Rate) 4.29
Product USED CAR 36MO	All CUs (National Average Rate) 2.79	All Banks (National Average Rate) 5.42	27 Banks Converted from CUs (Average Rate) 4.17
Product NEW CAR 60MO	All CUs (National Average Rate) 2.80	All Banks (National Average Rate) 4.99	27 Banks Converted from CUs (Average Rate) 4.05
Product NEW CAR 48MO	All CUs (National Average Rate) 2.70	All Banks (National Average Rate) 4.90	27 Banks Converted from CUs (Average Rate) 3.86

1 There are currently 26 banks that have converted from a credit union, had a credit union merge into them, or acquired a bank that had converted from or merged with a credit union. The names of those banks, with the original credit union name in parenthesis, are: 1st Security Bank (Washington CU), Affiliated Bank (Affiliated FCU), Allied First Bank (Allied Pilots Association FCU), Atlantic Coast Bank (Atlantic Coast FCU), Bank @tlantec (@tlantic Financial FCU), Bank of North Carolina (Sacred Heart of Charleston CU and Roper Employees FCU), Berkshire Bank (Beacon FCU and other CUs), Conestoga Bank (IGA FCU), Citizens Community Federal (Community Schools CU), Coastway Community Bank (Coastway CU), Haverhill Bank (Northeast Community CU), Heritage Bank of the South (AGE FCU), Lusitania Savings Bank (Lusitania FCU), Nationwide Bank (Nationwide FCU), New York Community Bank (Synergy FCU), First Place Bank (Ohio Central FCU), OmniAmerican Bank (Omni American CU), Pacific Trust Bank (Pacific Trust FCU), Umqua Bank (Rainier Pacific FCU), Share Plus Federal Bank (Share Plus FCU), Simplicity Bank (Kaiser Permanente FCU), Sound Community Bank (CU of the Pacific), Sunshine Savings Bank (Sunshine State CU), Susquehanna Bank (BUCS FCU), Think Mutual (Think FCU), and Viewpoint Bank (Community CU).

Credit Union and Bank Rates 2013 Q4

Footnotes