Rates

Rates are current as of June 26, 2017

Term Certificates
Term Maturity* Yield Treasury Rates
30 Day 7/26/2017 0.77% 0.74%
60 Day 8/25/2017 0.88% 0.85%
90 Day 9/24/2017 0.99% 0.95%
120 Day 10/24/2017 1.04% 1.00%
150 Day 11/23/2017 1.09% 1.05%
180 Day 12/23/2017 1.13% 1.10%
270 Day 3/23/2018 1.19% 1.15%
1.0 Year 6/26/2018 1.24% 1.20%
1.5 Year 12/26/2018 1.31% 1.27%
2.0 Year 6/26/2019 1.38% 1.34%
2.5 Year 12/26/2019 1.45% 1.41%
3.0 Year 6/26/2020 1.54% 1.48%
4.0 Year 6/26/2021 1.68% 1.62%
5.0 Year 6/26/2022 1.81% 1.75%
Variable Rate Investments
Term Description Maturity* Rate
90 Day FF Open – 5bps 9/24/2017 1.11%
0.5 Year FFE + 0bps 12/26/2017 1.16%
1.0 Year FFE + 14bps 6/26/2018 1.30%
1.5 Year FFE + 19bps 12/26/2018 1.35%
2.0 Year FFE + 24bps 6/26/2019 1.40%
Fixed Rate Loans
Term Maturity* Rate
30 Day 7/26/2017 1.78%
90 Day 9/24/2017 1.82%
180 Day 12/23/2017 1.85%
1.0 Year 6/26/2018 2.02%
2.0 Year 6/26/2019 2.15%

All loan advances will be applied against established line of credit.

Membership Accounts
Account Rate
Perpetual Contributed Capital
Previous Month 1.15%
Current Month
Membership Deposit Shares
Previous Month
Current Month 0.00%

The Perpetual Contributed Capital and Membership Deposit Shares rates are declared for each month in the last week of the month. Until such time as the rate declaration is made, the Current Month fields for both membership options will not report a rate.

Previous Day Rate Information
Account Rate
Managed Liquidity
Tier 1 | $100,000 - $499,999.99 0.80%
Tier 2 | $500,000 - $9,999,999.99 0.90%
Tier 3 | $10,000,000 and up 1.00%
Cash Management 0.10%
Overnight Loan Rate 1.75%
Previous Month Rate Information
Account Rate
Average Managed Liquidity
Tier 1 | $100,000 - $499,999.99 0.71%
Tier 2 | $500,000 - $9,999,999.99 0.79%
Tier 3 | $10,000,000.00 and up 0.87%
Average Cash Management 0.05%

All rates are indication only.
*Maturity date will adjust to next business day for holidays and weekends.

AIM Analyst
Please click here to speak with an AIM Analyst about specific investment/borrowing needs.

Structured Offerings

Millennium Corporate currently has the following Structured Offerings available for purchase. Click on the headers below for investment details for each. To purchase, please contact an AIM Financial Analyst by emailing aim@millenniumcorporate.org or by calling 800.721.2677 and asking to speak with an AIM Analyst.

There are no offerings currently available.
SimpliCD Investments - Current as of June 26, 2017
Term Top Rate Top 5 Average Rate Treasury Rates
182 Day 1.25% 1.16% 1.10%
272 Day 1.15% 1.05% 1.15%
1 Year 1.35% 1.31% 1.20%
18 Month 1.55% 1.51% 1.27%
2 Year 1.70% 1.67% 1.34%
30 Month 1.60% 1.45% 1.41%
3 Year 1.84% 1.79% 1.48%
4 Year 1.96% 1.77% 1.62%
5.0 Year 2.25% 2.14% 1.75%

To purchase a SimpliCD investment, please contact an AIM Financial Analyst at 800.721.2677 or email aim@millenniumcorporate.org.

SimpliCD Issuances - For the week of June 25, 2017
Term Rate Recommendation
Smaller Amounts*
Rate Recommendation
Larger Amounts*
6 months 1.35% 1.45%
9 months 1.45% 1.52%
1 Year 1.55% 1.60%
18 months 1.65% 1.80%
2 years 1.75% 1.90%
3 years 1.90% 2.15%
5 years 2.25% 2.55%

To issue with SimpliCD, please contact an AIM Financial Analyst at 800.721.2677 or email aim@millenniumcorporate.org.

SimpliCD Issuance rates are weekly indication rates based on market conditions and recent placements, and are subject to change. Actual rates vary based on the requested deposit amount, the length of time required to generate the funds, and the term requested (i.e. the one-year term is more requested by investors than the five-year term). To receive actual rates, please contact an AIM Financial Analyst at 800.721.2677 or email aim@millenniumcorporate.org.

Rates are quoted as an Annual Percentage Rate and are an “all-in” cost with no broker, subscription, or transaction fees involved.

*The rates recommended for smaller amounts are rates most likely required for credit unions looking to raise $100,000 - $500,000, while the rates recommended for larger blocks are rates most likely required for credit unions looking to raise larger block amounts such as $5 million - $10 million, or more. Rates recommended for amounts from $1 million -$5 million will likely fall between the two tiers.

AIM Economic BriefMarket Rates are updated daily. Rates are current as of June 26, 2017.

Key Rates
Fed Funds Effective 1.16%
Fed Funds Target 1.00% - 1.25%
Prime Rate 4.25%
11th District Cost of Funds 0.65%
1 Month Libor 1.220%
3 Month Libor 1.293%
Gold Futures 1,244
Oil Futures 43.16
Unemployment Rate 4.30%
Gross Domestic Product (GDP) 2.20%
Consumer Price Index (CPI) 1.90%
Next FOMC Meeting July 25, 2017
Treasury Rates
6 Month 1.07
1 Year 1.21
2 Year 1.34
5 Year 1.75
10 Year 2.13
30 Year 2.69
Stock Market
Dow Jones Industrial Average (DJIA) 21,494
S&P 500 Index 2,446
Nasdaq Composite Index 6,297

Please contact an AIM Analyst with questions or needs at 800.721.2677 or email aim@millenniumcorporate.org.

Millennium Corporate is partial owner of Credit Union Investment Solutions, LLC (ISI), a licensed broker-dealer.  Through ISI, Millennium Corporate is able to provide credit unions direct access to Marketable Securities.

Current Offerings

You may also contact one of our fully licensed AIM staff below.

ISI Registered Representatives
Brady McLeod bmcleod@cu-isi.org 800.721.2677 ext. 101
Walter Thompson wthompson@cu-isi.org 800.721.2677 ext. 102
Julie Chapin jchapin@cu-isi.org 800.721.2677 ext. 131
Chris Hageman chageman@cu-isi.org 800.721.2677 ext. 119


All securities are offered through CU Investment Solutions, LLC. (ISI). The home office is located at 8500 W 110th St, Suite 650, Overland Park KS 66210. ISI is registered with the SEC as a broker-dealer under the Securities Exchange Act of 1934. ISI also is registered in the state of Kansas as an investment advisor. Member of FINRA and SIPC. All investments carry risk; please speak with your representative to gain a full understanding of said risks. Securities offered by ISI are not insured by the FDIC or NCUSIF and may lose value. All opinions, prices and yields are subject to change without notice.

 

 

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