Comparison of Average Savings, Deposits and Loan Rates at Credit Unions and Banks
For September 24, 2021
| Product | Credit Unions (National Average Rate) | Banks (National Average Rate) |
|---|---|---|
Product 5 Year CD-10K |
Credit Unions (National Average Rate) 0.73 |
Banks (National Average Rate) 0.58 |
Product 4 Year CD-10K |
Credit Unions (National Average Rate) 0.63 |
Banks (National Average Rate) 0.50 |
Product 3 Year CD-10K |
Credit Unions (National Average Rate) 0.54 |
Banks (National Average Rate) 0.44 |
Product 2 Year CD-10K |
Credit Unions (National Average Rate) 0.44 |
Banks (National Average Rate) 0.35 |
Product 1 Year CD-10K |
Credit Unions (National Average Rate) 0.33 |
Banks (National Average Rate) 0.26 |
Product 6 Month CD-10K |
Credit Unions (National Average Rate) 0.23 |
Banks (National Average Rate) 0.17 |
Product 3 Month CD-10K |
Credit Unions (National Average Rate) 0.15 |
Banks (National Average Rate) 0.11 |
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) 0.07 |
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) 11.27 |
Banks (National Average Rate) 12.28 |
Product 30 Year fixed-rate mortgage |
Credit Unions (National Average Rate) 3.06 |
Banks (National Average Rate) 3.09 |
Product 15 Year fixed-rate mortgage |
Credit Unions (National Average Rate) 2.51 |
Banks (National Average Rate) 2.59 |
Product 5/1 Year adjustable rate mortgage |
Credit Unions (National Average Rate) 2.90 |
Banks (National Average Rate) 3.52 |
Product 3/1 Year adjustable rate mortgage |
Credit Unions (National Average Rate) 2.92 |
Banks (National Average Rate) 3.47 |
Product 1 Year adjustable rate mortgage |
Credit Unions (National Average Rate) 2.87 |
Banks (National Average Rate) 3.31 |
Product Unsecured fixed rate loan, 36 months |
Credit Unions (National Average Rate) 8.92 |
Banks (National Average Rate) 9.92 |
Product Home equity loan, 5 year, 80% |
Credit Unions (National Average Rate) 4.19 |
Banks (National Average Rate) 4.72 |
Product Home equity loan, LOC, 80% |
Credit Unions (National Average Rate) 3.81 |
Banks (National Average Rate) 4.06 |
Product Used car loan, 48 months |
Credit Unions (National Average Rate) 2.88 |
Banks (National Average Rate) 5.07 |
Product Used car loan, 36 months |
Credit Unions (National Average Rate) 2.77 |
Banks (National Average Rate) 5.02 |
Product New car loan, 60 months |
Credit Unions (National Average Rate) 2.83 |
Banks (National Average Rate) 4.73 |
Product New car loan, 48 months |
Credit Unions (National Average Rate) 2.72 |
Banks (National Average Rate) 4.63 |
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 October 12, 2021. The data represent interest rates reported by active banks and credit unions for the last Friday of the quarter (September 24, 2021).