The 11th District Cost of Funds Index (COFI) was updated this afternoon. The new rate of 2.757% is the lowest rate since the middle of 2005. The index should go even lower as deposit rates continue to decline.
The 11th District Cost of Funds Index (COFI) was updated this afternoon. The new rate of 2.757% is the lowest rate since the middle of 2005. The index should go even lower as deposit rates continue to decline.