We're Hitting the Road 2023 Annual Meeting May 2-4, 2023 | InterContinental KC @ The Plaza Join Us
Another Can't-Miss CUBG Training Learn More
CECLution - Your CECL Solution. Learn More.
SimpliCD Hmmm...Issue In-Network or DTC? Compare Here

Read our Economic Reports

Weekly Economic Commentary  Monthly Economic & Financial Digest

News & Events

Holiday Closing | Presidents' Day

Millennium Corporate offices will close for Presidents' Day, Monday, February 20, 2023.

CUBG Special Webinar | Inflation and the Economy’s Potential Impacts on CRE Loans

Join CUBG as they explore how inflation is impacting the commercial real estate environment on February 15!

2023 Annual Meeting

Pack your bags and bring Fido, if you like. We're taking KC by storm, May 2-4, 2023, and we need you!

FOMC Statement | December 14, 2022

Recent indicators point to modest growth in spending and production. Job gains have been robust in recent months, and the unemployment rate has remained low. Read more...

Hmmm...Issue In-Network or DTC?

Issuing certificates through SimpliCD is an easy way to raise funds for your credit union. And, now there are two ways to do it - In-Network and DTC!

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Rates & Commentary

Key Rates
Fed Funds Effective 4.580%
1 Month Libor 4.575%
Secured Overnight Financing Rate (SOFR) 4.560%
Sterling Overnight Index Average (SONIA) 3.927%
Dow Jones Industrial Average (DJIA) 33,918
Millennium Rates
Managed Liquidity
  Tier 1 | $100,000 - $499,999.99 3.90%
  Tier 2 | $500,000 - $9,999,999.99 4.05%
  Tier 3 | $10,000,000 and up 4.20%
Cash Management 0.50%
Perpetual Contributed Capital – Previous Month 4.75%
Overnight Loan Rate 5.50%

Daily Commentary

February 3, 2023

We expect the January jobs report to show a slowdown in hiring, but the pace will still be too fast for a labor market that policymakers are trying to steady.

Full Commentary

Today, Tomorrow, Together