US Bank Prime Rate Cut to 7.00% Resets a Key Consumer Lending Benchmark

California Bank Rates Articles

US Bank Prime Rate Cut to 7.00% Resets a Key Consumer Lending Benchmark

Thursday, October 30th, 2025 | Comments Off

U.S. Bank prime rate drops to 7.00% from 7.50% effective Oct. 30, a benchmark move that can influence variable-rate borrowing.

California Bank Highest 1-year Money Market Rates Still Less than 1%

Saturday, April 2nd, 2011 | Comments Off

Money market rates from California banks are still exceedingly low. Our consumer banking reporters have found that these are the highest rates from CA banks which you can see are almost entirely less than 1%: California First National Bank 1.08% State Bank of India 1.00% OneWest Bank 0.90% OneUnited Bank 0.90% United Central Bank 0.85% […]

US Consumer Online Banking Solution Review Now Published

Wednesday, January 5th, 2011 | Comments Off

The Mercator Advisory Group has recently published the much longed for report entitled “US Consumer Online Banking Solution Review: It’s All in the Eyes of the Beholder.”

California Pays More for its Municipal Bonds

Thursday, November 18th, 2010 | Comments Off

California today paid a higher yield than previously expected to sell $10 billion in revenue anticipation notes to help fund its budget deficit. The state sold $2.25 billion in RANs that mature in May 2011 at a yield of 1.50%. California’s state treasurer’s office said that the bulk of the sale ? $7.75 billion maturing […]

Municipal Bond Yields

Friday, October 29th, 2010 | Comments Off

Ten year tax free municipal bonds are now yielding 2.58%, which is an effective taxable rate of 3.97% if you are in the top 35% tax bracket. If the Bush tax cuts end next year, the yield jumps to 4.27% for people in the highest income tax bracket. For 30 year munis, the effective taxable […]

California IRA Rates

Tuesday, October 19th, 2010 | Comments Off

It’s been a while since we last looked at the best IRA rates from California (and national) banks: Best 1-year national and California account IRA rates SchoolsFirst Federal Credit Union 2.75% Habib American Bank 1.55% Melrose Credit Union 1.51% Alliant Credit Union 1.50% F & A Credit Union 1.50% Giantbank.com 1.40% Discover Bank 1.35% Nationwide […]

California Bank Rates Articles