  |
Home Loans | Personal Loans |
|
 |
|
November 20, 2009 |
| |
Home Loans | Personal Loans |
|
|
|
November 20, 2009 |
|
|
Wachovia Cost of Savings Index (formerly World Savings COSI)
Historical Graph | Historical Chart | Other Rates/Indexes | Add this Page to Your Favorites (click here)
The last available rate was for September 2009: 2.94 %
October 2009: Customers have reported being notified the Wachovia COSI will be replaced with a Wells Fargo COSI starting in December. We have not independently confirmed, but will provide details when available.
[June 2009: Wells Fargo/Wachovia has resumed publication of the COSI rate. March 2009: Wachovia has again discontinued providing this rate to the public on its website. Since Wachovia was puchased by Wells Fargo there has been no indication of a substitute index. There is speculation that the COSI has not moved down because it only reflects high-rate CD's on the books of the old Wachovia entity. See our blog on this topic: http://moneycafe.com/blog/2008/12/wachovia-cosi/.) February 2009: Wachovia has resumed providing this rate to the public on its website. December 2008: Wachovia has discontinued providing this rate to the public. See our blog on this topic: http://moneycafe.com/blog/2008/12/wachovia-cosi/. The bank will continue to provide its COSI loan customers with updated rates on their monthly statements. If you are a customer and want to share your rate information, feel free to make comments on our blog through the link above.]
June 2007: The World Savings COSI was discontinued in June 2007 and replaced by the Wachovia Cost of Savings Index. Rates published prior to July 2007 are the World Savings/Golden West COSI. Rates thereafter reflect the new Wachovia COSI.
This index is based on the weighted average of all the interest rates paid on certificates of deposit held by Wachovia's individual depositors as of the last business day of each month. This index is specific to the Wachovia banking institution. This index is basically reflective of the rate Wachovia is paying to individuals for their deposits. The reporting of this rate is based upon availability of data from Wachovia and usually lags about 1 month.
Historical Graph
Historical Chart
| Wachovia Cost of Savings Index | |||||||||||
| Month | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 |
| Jan | 4.67% | 4.69% | 5.54% | 3.27% | 2.47% | 1.85% | 2.19% | 3.36% | 4.73% | 4.74% | 3.69% |
| Feb | 4.63% | 4.75% | 5.47% | 3.15% | 2.30% | 1.85% | 2.28% | 3.46% | 4.75% | 4.65% | 3.60% |
| Mar | 4.60% | 4.78% | 5.35% | 3.04% | 2.25% | 1.85% | 2.39% | 3.56% | 4.75% | 4.43% | 3.60% |
| Apr | 4.58% | 4.84% | 5.21% | 2.98% | 2.17% | 1.85% | 2.52% | 3.66% | 4.79% | 4.19% | 3.55% |
| May | 4.55% | 4.96% | 5.47% | 2.94% | 2.14% | 1.85% | 2.61% | 3.79% | 4.76% | 3.91% | 3.51% |
| Jun | 4.52% | 5.03% | 5.03% | 2.92% | 2.12% | 1.88% | 2.70% | 3.94% | 4.90% | 3.74% | 3.43% |
| Jul | 4.50% | 5.11% | 4.60% | 2.89% | 2.06% | 1.91% | 2.78% | 4.11% | 4.90% | 3.77% | 3.22% |
| Aug | 4.47% | 5.25% | 4.39% | 2.85% | 2.03% | 1.94% | 2.89% | 4.34% | 4.85% | 3.73% | 3.12% |
| Sep | 4.48% | 5.28% | 4.19% | 2.81% | 1.95% | 1.97% | 2.97% | 4.49% | 4.88% | 3.74% | 2.94% |
| Oct | 4.50% | 5.37% | 3.89% | 2.74% | 1.87% | 2.00% | 3.06% | 4.60% | 4.90% | 3.76% | |
| Nov | 4.56% | 5.46% | 3.59% | 2.63% | 1.86% | 2.02% | 3.14% | 4.65% | 4.85% | 3.78% | |
| Dec | 4.64% | 5.52% | 3.39% | 2.56% | 1.85% | 2.08% | 3.24% | 4.69% | 4.79% | 3.76% | |
| Copyright 2009 MoneyCafe.com | |||||||||||
Sources: Wachovia, World Savings
Reasonable efforts are made to maintain accurate information. However, information could contain errors or inaccuracies and is presented without warranty. No liability is assumed for errors or omissions.
© 1995-2009 MoneyCafe.com ®
All Rights Reserved.