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 22 2026
Last Updated Oct 23 2026, 16:25 EDT
Next Release Oct 26 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 22, 2026 7.00%
October 21, 2026 7.00%
October 20, 2026 7.00%
October 19, 2026 7.00%
October 18, 2026 7.00%
October 17, 2026 7.00%
October 16, 2026 7.00%
October 15, 2026 7.00%
October 14, 2026 7.00%
October 13, 2026 7.00%
October 12, 2026 7.00%
October 11, 2026 7.00%
October 10, 2026 7.00%
October 09, 2026 7.00%
October 08, 2026 7.00%
October 07, 2026 7.00%
October 06, 2026 7.00%
October 05, 2026 7.00%
October 04, 2026 7.00%
October 03, 2026 7.00%
October 02, 2026 7.00%
October 01, 2026 7.00%
September 30, 2026 7.00%
September 29, 2026 7.00%
September 28, 2026 7.00%
Date Value
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%
September 06, 2026 6.75%
September 05, 2026 6.75%
September 04, 2026 6.75%
September 03, 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 22 2026
Last Updated Oct 23 2026, 16:25 EDT
Next Release Oct 26 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