Cost of Funds

Cost of Funds

Rounded up to the nearest quarter percent.

 

2023 Cost of Funds

Month

Rate

Month

January

Rate

2.75%

Month

February

Rate

2.75%

Month

March

Rate

2.75%

Month

April

Rate

3.00%

Month

May

Rate

3.00%

Month

June

Rate

3.00%

Month

July

Rate

3.25%

Month

August

Rate

3.25%

Month

September

Rate

Month

October

Rate

Month

November

Rate

Month

December

Rate

Historical Cost of Funds

Month

2018

2019

2020

2021

2022

Month

January

2018

0.75%

2019

1.25%

2020

1.50%

2021

1.50%

2022

1.25%

Month

February

2018

0.75%

2019

1.25%

2020

1.50%

2021

1.50%

2022

1.25%

Month

March

2018

0.75%

2019

1.25%

2020

1.50%

2021

1.50%

2022

1.50%

Month

April

2018

0.75%

2019

1.25%

2020

1.50%

2021

1.25%

2022

1.50%

Month

May

2018

0.75%

2019

1.25%

2020

1.50%

2021

1.25%

2022

1.50%

Month

June

2018

0.75%

2019

1.25%

2020

1.50%

2021

1.25%

2022

1.75%

Month

July

2018

0.75%

2019

1.25%

2020

1.50%

2021

1.25%

2022

1.75%

Month

August

2018

0.75%

2019

1.25%

2020

1.50%

2021

1.25%

2022

2.00%

Month

September

2018

0.75%

2019

1.25%

2020

1.50%

2021

1.25%

2022

2.00%

Month

October

2018

1.00%

2019

1.25%

2020

1.50%

2021

1.25%

2022

2.25%

Month

November

2018

1.25%

2019

1.50%

2020

1.50%

2021

1.25%

2022

2.50%

Month

December

2018

1.25%

2019

1.50%

2020

1.50%

2021

1.25%

2022

2.50%