Comparison of Average Savings, Deposits and Loan Rates at Credit Unions (CUs) and Banks
For December 27, 2019
| Product | All CUs (National Average Rate) | All Banks (National Average Rate) |
|---|---|---|
Product 5 Year CD-10K |
All CUs (National Average Rate) 2.06 |
All Banks (National Average Rate) 1.59 |
Product 4 Year CD-10K |
All CUs (National Average Rate) 1.88 |
All Banks (National Average Rate) 1.40 |
Product 3 Year CD-10K |
All CUs (National Average Rate) 1.73 |
All Banks (National Average Rate) 1.31 |
Product 2 Year CD-10K |
All CUs (National Average Rate) 1.56 |
All Banks (National Average Rate) 1.17 |
Product 1 Year CD-10K |
All CUs (National Average Rate) 1.32 |
All Banks (National Average Rate) 0.97 |
Product 6 Month CD-10K |
All CUs (National Average Rate) 0.90 |
All Banks (National Average Rate) 0.63 |
Product 3 Month CD-10K |
All CUs (National Average Rate) 0.54 |
All Banks (National Average Rate) 0.40 |
Product Money market account-2.5K |
All CUs (National Average Rate) 0.35 |
All Banks (National Average Rate) 0.23 |
Product Interest checking account-5K |
All CUs (National Average Rate) 0.12 |
All Banks (National Average Rate) 0.13 |
Product Regular savings account-1K |
All CUs (National Average Rate) 0.17 |
All Banks (National Average Rate) 0.18 |
Product Credit card, Classic |
All CUs (National Average Rate) 11.56 |
All Banks (National Average Rate) 13.56 |
Product 30 Year fixed-rate mortgage |
All CUs (National Average Rate) 3.97 |
All Banks (National Average Rate) 4.02 |
Product 15 Year fixed-rate mortgage |
All CUs (National Average Rate) 3.45 |
All Banks (National Average Rate) 3.57 |
Product 5/1 Year adjustable rate mortgage |
All CUs (National Average Rate) 3.49 |
All Banks (National Average Rate) 3.95 |
Product 3/1 Year adjustable rate mortgage |
All CUs (National Average Rate) 3.44 |
All Banks (National Average Rate) 3.97 |
Product 1 Year adjustable rate mortgage |
All CUs (National Average Rate) 3.62 |
All Banks (National Average Rate) 3.78 |
Product Unsecured fixed rate loan, 36 months |
All CUs (National Average Rate) 9.36 |
All Banks (National Average Rate) 10.18 |
Product Home equity loan, 5 year, 80% |
All CUs (National Average Rate) 4.65 |
All Banks (National Average Rate) 5.17 |
Product Home equity loan, LOC, 80% |
All CUs (National Average Rate) 4.94 |
All Banks (National Average Rate) 5.36 |
Product Used car loan, 48 months |
All CUs (National Average Rate) 3.62 |
All Banks (National Average Rate) 5.56 |
Product Used car loan, 36 months |
All CUs (National Average Rate) 3.47 |
All Banks (National Average Rate) 5.51 |
Product New car loan, 60 months |
All CUs (National Average Rate) 3.53 |
All Banks (National Average Rate) 5.16 |
Product New car loan, 48 months |
All CUs (National Average Rate) 3.41 |
All Banks (National Average Rate) 5.01 |
Footnotes
Notes:
1. 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 January 10, 2020. The data represent interest rates reported by active banks and credit unions for the last Friday of the quarter (December 27, 2019).