HIGHTSTOWN, N.J. – In collaboration with League InfoSight and RateWatch, the New Jersey Credit Union League launched RateMap this morning for its member credit unions. This unique interest rate comparison tool is designed to assist with competitive analysis strategies, increase competitive advantage, and improve decisions on what products to offer and how to price them.
With access to RateWatch’s national database of more than 90,000 branches for deposit data and more than 40,000 branches for loan data, competitive analysis is now only a click away. Research by address, zip code, or city and state and narrow your search results by filtering by institution type, product type, and rate.
RateMap features:
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A selection of the most commonly offered deposit and loan products and their rates
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Coverage of all the institutions/branches monitored in RateWatch’s national database – the largest in the industry, which includes:
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Deposit rate data on more than 90,000 branches nationwide
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Loan rate data on more than 40,000 branches nationwide
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Ability to search by address, zip code, or city and state
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Ability to filter by institution type, product type, and rate
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Details such as address, website, number of locations and bank deposit balances
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Customer/member reviews from online review sites such as Yelp
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Listing of Internet Bank rates
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Ability to print deposit rate reports
To access RateMap, login to the League Web site using your username and password and click on the tab marked RateWatch in the upper right corner of the menu bar. If you are not registered for the League’s site, please click “Register” in the top most right corner of the site.
For technical support or set-up issues, please call 800-348-1831.