Callable certificates have a $100,000 minimum investment issued on a first come, first served basis
Bullet Share Certificates - 11/21/2008 9:24:51 AM
Term
$100,000
$1 MM
$5 MM
1 Month
1.66%
1.68%
1.7%
2 Month
1.86%
1.88%
1.9%
3 Month
1.96%
1.98%
2%
4 Month
2.02%
2.04%
2.06%
5 Month
2.10%
2.12%
2.14%
6 Month
2.17%
2.19%
2.21%
9 Month
2.22%
2.24%
2.26%
1 Year-Semi
2.26%
2.28%
2.3%
1 Year-Maturity
2.27%
2.29%
2.31%
1 1/2 Year
2.30%
2.32%
2.34%
2 Year
2.36%
2.38%
2.4%
2 1/2 Year
2.54%
2.56%
2.58%
3 Year
2.70%
2.72%
2.74%
4 Year
3.00%
3.02%
3.04%
5 Year
3.23%
3.25%
3.27%
Rates will change with market rates
Certificates less than 1 year will pay interest at maturity
Certificates over 1 year will pay semi-annual interest
Early withdrawal may result in a liquidation value of the principal, depending on market conditions, to be lower or higher than the original investment
Rates quoted are for Capital Members only, others please call.
Term Loans With Prepayment Fee* - 11/21/2008 8:00:31 AM
Secured
1-7 Days
2.29 %
8-14 Days
2.45 %
15-21 Days
2.55 %
22 Days - 1 Month
2.65 %
2 Months
3.27 %
3 Months
3.41 %
4 Months
3.55 %
5 Months
3.69 %
6 Months
3.82 %
1 Year
3.94 %
2 Years
3.81 %
3 Years
4.13 %
5 Years
4.43 %
6 Years
4.54 %
7 Years
4.64 %
10 Years
4.74 %
These term loan rates are indicators subject to change based on market conditions. Southwest Corporate's term loan rates are based on an actual year base of 365/366 days. Please note:Some other lenders use a 360 day year base which increases their stated rate by approximately 7 basis points.
* Prepayment options available on all term loans.
Loan Participation Indicator Rates for purchase by Southwest Corporate as of Oct 20, 2008
Original Maturity of "A" Rated New Auto Loan Pool
3 Years
4 Years
5 Years
Projected Average Life of Loan Pool
1.4 Years
1.7 Years
2 Years
Sources of funding from SCFCU as of Oct 20, 2008
Southwest Corporate rate on amortizing Performance Term Loan
Call %
Call %
Call %
Southwest Corporate rate to purchase full recourse 90% funded Loan Participations
Call %
Call %
Call %
Rates shown above are indicator rates only. Actual rates for a loan participation are quoted on a case-by-case basis, and are based on current market conditions, servicing costs, and related risk factors.
ECONOMIC COMMENTARY
Consumer Prices Decline in October
Wednesday,
November 19, 2008
Headline
consumer prices declined by 1% last month, the largest monthly decline in over
60 years.Excluding food and energy, core
CPI declined as well at a pace of -0.1% in October.Energy prices take the lead for biggest
decliner, as energy expenses dropped 8.6%, and gasoline prices fell 14%.According to AAA, a gallon of regular
unleaded gas was quoted at $2.07 this week, down from the October average price
of $3.08.The headline CPI still shows
an annual increase of 3.7% for the trailing 12 months through October.Broadly speaking, retailers have geared up
for a tough holiday season by announcing price cuts on major categories; likewise,
auto retailers continue to struggle through a difficult selling environment.Mark one for the US consumer, at least
short-term.
Kim Griffin
Senior Portfolio Manager
Review of This Week’s Key Releases:
Mon, Nov 17-
Industrial Production
Oct
+1.3% vs -3.7% r
Mon, Nov 17-
Capacity Utilization
Oct
76.4% vs 75.5% r
Tue, Nov 18-
Producer Inflation
Oct
-2.8% vs -0.4%
Tue, Nov 18-
Core PPI
Oct
+0.4% vs +0.4%
Wed, Nov 19-
Consumer Inflation
Oct
-1.0% vs +0.0%
Wed, Nov 19-
Core CPI
Oct
-0.1% vs +0.1%
Thu,
Nov 20-
Philadelphia Fed
Nov Est
-35.0 vs -37.5
Thu,
Nov 20-
Leading
Indicators
Oct Est
-0.6% vs +0.3%
Next FOMC Meeting:
Tue, Dec 16-
Fed will monitor
long-term inflationary pressures in respect to stable long-term economic
growth.
Current target rate –
1.00%
Additional economic and market information is available through ReSources, a bi-weekly report published by Southwest Corporate Investment Services’ Advisory Services Group. Click here to view this week's edition.
