The Credit Power Index
Consumers are getting the short end of the stick in their dealings with banks. But the pain isn’t felt equally across the country, and the rates you get on your certificates of deposit and home loans differ depending on where you live. We’ve pored through the data to determine which cities offer their residents the best rates.
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Credit Power Index: 19.015
While many small cities are bolstered by the presence of small credit unions with friendly rates, this mid-sized city outside New York made the top 10 due to the presence of two of the more consumer-friendly big banks in the country - PNC (Stock Quote: PNC) and Capital One (Stock Quote: COF). Though the banks’ deposit rates are more or less in line with national averages, their reasonable loan rates make this one of the more consumer-friendly cities in the nation.
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