Rate Cap on Jumbo Deposits (greater or equal to $100,000): 60 Month CD Natural Log

Source: FRED Economic Data

The rate cap is determined by adding 75 basis points to the national rate.
The national rate is calculated by the FDIC as a simple average of rates paid (uses annual percentage yield) by all insured depository institutions and branches for which data are available. Data used to calculate the national rates are gathered by RateWatch.
Savings and interest checking account rates are based on the $2,500 product tier while money market and certificate of deposit are based on the $10,000 and

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This is an unofficial Federal Reserve Economic Data (FRED) profile. The resource rights, including data, logo and banner, belong to FRED unless otherwise stated.

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