Cost of Funds

Cost of Funds

Rounded up to the nearest quarter percent.

 

2024 Cost of Funds

Month

Rate

Month

January

Rate

3.75%

Month

February

Rate

3.75%

Month

March

Rate

3.75%

Month

April

Rate

3.75%

Month

May

Rate

4.00%

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

2019

2020

2021

2022

2023

Month

January

2019

1.25%

2020

1.50%

2021

1.50%

2022

1.25%

2023

2.75%

Month

February

2019

1.25%

2020

1.50%

2021

1.50%

2022

1.25%

2023

2.75%

Month

March

2019

1.25%

2020

1.50%

2021

1.50%

2022

1.50%

2023

2.75%

Month

April

2019

1.25%

2020

1.50%

2021

1.25%

2022

1.50%

2023

3.00%

Month

May

2019

1.25%

2020

1.50%

2021

1.25%

2022

1.50%

2023

3.00%

Month

June

2019

1.25%

2020

1.50%

2021

1.25%

2022

1.75%

2023

3.00%

Month

July

2019

1.25%

2020

1.50%

2021

1.25%

2022

1.75%

2023

3.25%

Month

August

2019

1.25%

2020

1.50%

2021

1.25%

2022

2.00%

2023

3.25%

Month

September

2019

1.25%

2020

1.50%

2021

1.25%

2022

2.00%

2023

3.25%

Month

October

2019

1.25%

2020

1.50%

2021

1.25%

2022

2.25%

2023

3.50%

Month

November

2019

1.50%

2020

1.50%

2021

1.25%

2022

2.50%

2023

3.50%

Month

December

2019

1.50%

2020

1.50%

2021

1.25%

2022

2.50%

2023

3.75%