Level Chart

Level Chart

Basic Info

US Bank Prime Loan Rate is at 7.00%, compared to 7.00% the previous market day and 7.25% last year. This is higher than the long term average of 6.85%.

The US Bank Prime Loan Rate measures the rate at which banks lend to their clients. The prime rate is correlated with the federal funds rate and tends to move along with it. The bank prime loan rate reached as high as 20% in 1981, when the federal reserve was led by Paul Volcker, and the interest rate environment was extremely inflated. Another notable time was 2008 when prime rate went as low as 3.25% during the Great Recession.

Stats

Last Value 7.00%
Latest Period Oct 01 2026
Last Updated Oct 2 2026, 18:02 EDT
Next Release Oct 5 2026, 16:15 EDT
Long Term Average 6.85%
Average Growth Rate 1.25%
Value from The Previous Market Day 7.00%
Change from The Previous Market Day 0.00%
Value from 1 Year Ago 7.25%
Change from 1 Year Ago -3.45%
Frequency Market Daily
Unit Percent
Adjustment N/A
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Historical Data

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Date Value
October 01, 2026 7.00%
September 30, 2026 7.00%
September 29, 2026 7.00%
September 28, 2026 7.00%
September 27, 2026 7.00%
September 26, 2026 7.00%
September 25, 2026 7.00%
September 24, 2026 7.00%
September 23, 2026 7.00%
September 22, 2026 7.00%
September 21, 2026 7.00%
September 20, 2026 7.00%
September 19, 2026 7.00%
September 18, 2026 7.00%
September 17, 2026 7.00%
September 16, 2026 6.75%
September 15, 2026 6.75%
September 14, 2026 6.75%
September 13, 2026 6.75%
September 12, 2026 6.75%
September 11, 2026 6.75%
September 10, 2026 6.75%
September 09, 2026 6.75%
September 08, 2026 6.75%
September 07, 2026 6.75%
Date Value
September 06, 2026 6.75%
September 05, 2026 6.75%
September 04, 2026 6.75%
September 03, 2026 6.75%
September 02, 2026 6.75%
September 01, 2026 6.75%
August 31, 2026 6.75%
August 30, 2026 6.75%
August 29, 2026 6.75%
August 28, 2026 6.75%
August 27, 2026 6.75%
August 26, 2026 6.75%
August 25, 2026 6.75%
August 24, 2026 6.75%
August 23, 2026 6.75%
August 22, 2026 6.75%
August 21, 2026 6.75%
August 20, 2026 6.75%
August 19, 2026 6.75%
August 18, 2026 6.75%
August 17, 2026 6.75%
August 16, 2026 6.75%
August 15, 2026 6.75%
August 14, 2026 6.75%
August 13, 2026 6.75%

Basic Info

US Bank Prime Loan Rate is at 7.00%, compared to 7.00% the previous market day and 7.25% last year. This is higher than the long term average of 6.85%.

The US Bank Prime Loan Rate measures the rate at which banks lend to their clients. The prime rate is correlated with the federal funds rate and tends to move along with it. The bank prime loan rate reached as high as 20% in 1981, when the federal reserve was led by Paul Volcker, and the interest rate environment was extremely inflated. Another notable time was 2008 when prime rate went as low as 3.25% during the Great Recession.

Stats

Last Value 7.00%
Latest Period Oct 01 2026
Last Updated Oct 2 2026, 18:02 EDT
Next Release Oct 5 2026, 16:15 EDT
Long Term Average 6.85%
Average Growth Rate 1.25%
Value from The Previous Market Day 7.00%
Change from The Previous Market Day 0.00%
Value from 1 Year Ago 7.25%
Change from 1 Year Ago -3.45%
Frequency Market Daily
Unit Percent
Adjustment N/A
Download Source File