Frequently Asked Questions

What is RateDex Pro and how does it differ from RateDex?
RateDex is an index of retail banking deposit and lending products compiled from thousands of financial institutions across America. RateDex Pro is a research portal that allows you to compare your rates against any other financial institution, peer groups, market averages and other relevant data.   Analysis tools such as graphing capabilities, sort and search features and Excel downloads are also available. 

Who is Datatrac?
Datatrac is a research and development company that monitors deposit and lending interest rates, specials and fees for over 15,000 financial institutions in America.

What is the relationship between Datatrac and the American Bankers Association?
Datatrac and the ABA have formed a joint venture to develop and publish RateDex Pro.

How does RateDex Pro obtain competitive interest rate information?
Thousands of institutions update their rate information each day via email, fax, phone or directly online.  Each institution is updated on the day they normally change their rates.

How accurate is RateDex Pro's data?
RateDex Pro has combined cutting-edge technology and over 15 years of interest rate research experience to develop the most advanced monitoring service in the financial industry. 

How timely is RateDex Pro's information?
Daily updated interest rate information ensures that you know about your competitors before your customers do.

Which institutions can I monitor?
You may track any mix of credit unions, banks or savings banks.  You may even change the list at any time.

Copyright. Datatrac 2004. All rights reserved. No data may be republished or
resold without written permission from Datatrac. Your license to use this site
is for your personal use only. You may not allow other users to access this site
with your username and password.