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

Month

June

Rate

Month

July

Rate

Month

August

Rate

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%