Comparison of Average Savings, Deposits and Loan Rates at Credit Unions and Banks
For June 25, 2021
| Product | Credit Unions (National Average Rate) | Banks (National Average Rate) |
|---|---|---|
Product 5 Year CD-10K |
Credit Unions (National Average Rate) 0.74 |
Banks (National Average Rate) 0.61 |
Product 4 Year CD-10K |
Credit Unions (National Average Rate) 0.64 |
Banks (National Average Rate) 0.53 |
Product 3 Year CD-10K |
Credit Unions (National Average Rate) 0.55 |
Banks (National Average Rate) 0.46 |
Product 2 Year CD-10K |
Credit Unions (National Average Rate) 0.46 |
Banks (National Average Rate) 0.37 |
Product 1 Year CD-10K |
Credit Unions (National Average Rate) 0.34 |
Banks (National Average Rate) 0.27 |
Product 6 Month CD-10K |
Credit Unions (National Average Rate) 0.23 |
Banks (National Average Rate) 0.18 |
Product 3 Month CD-10K |
Credit Unions (National Average Rate) 0.16 |
Banks (National Average Rate) 0.12 |
Product Money market account-2.5K |
Credit Unions (National Average Rate) 0.13 |
Banks (National Average Rate) 0.09 |
Product Interest checking account-2.5K |
Credit Unions (National Average Rate) 0.08 |
Banks (National Average Rate) 0.07 |
Product Regular savings account-2.5K |
Credit Unions (National Average Rate) 0.09 |
Banks (National Average Rate) 0.09 |
Product Credit card, Classic |
Credit Unions (National Average Rate) 11.22 |
Banks (National Average Rate) 12.41 |
Product 30 Year fixed-rate mortgage |
Credit Unions (National Average Rate) 3.14 |
Banks (National Average Rate) 3.15 |
Product 15 Year fixed-rate mortgage |
Credit Unions (National Average Rate) 2.59 |
Banks (National Average Rate) 2.66 |
Product 5/1 Year adjustable rate mortgage |
Credit Unions (National Average Rate) 2.98 |
Banks (National Average Rate) 3.56 |
Product 3/1 Year adjustable rate mortgage |
Credit Unions (National Average Rate) 3.10 |
Banks (National Average Rate) 3.53 |
Product 1 Year adjustable rate mortgage |
Credit Unions (National Average Rate) 3.12 |
Banks (National Average Rate) 3.40 |
Product Unsecured fixed rate loan, 36 months |
Credit Unions (National Average Rate) 8.95 |
Banks (National Average Rate) 10.09 |
Product Home equity loan, 5 year, 80% |
Credit Unions (National Average Rate) 4.23 |
Banks (National Average Rate) 4.79 |
Product Home equity loan, LOC, 80% |
Credit Unions (National Average Rate) 3.81 |
Banks (National Average Rate) 4.10 |
Product Used car loan, 48 months |
Credit Unions (National Average Rate) 2.91 |
Banks (National Average Rate) 5.13 |
Product Used car loan, 36 months |
Credit Unions (National Average Rate) 2.80 |
Banks (National Average Rate) 5.08 |
Product New car loan, 60 months |
Credit Unions (National Average Rate) 2.87 |
Banks (National Average Rate) 4.78 |
Product New car loan, 48 months |
Credit Unions (National Average Rate) 2.76 |
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 July 7, 2021. The data represent interest rates reported by active banks and credit unions for the last Friday of the quarter (June 25, 2021).