Market Rates Insight Report Analyzes How Bank Deposit Rates Are Likely to Rise in 2014

New Analytical Report, “Likely Scenarios of Rising Deposit Rates in 2014 and Beyond,” Reveals Deposit Rate Trends Expected for CDs, Money Market, and Savings Accounts.

San Anselmo, CA, USA (January 11, 2014) — How will rising deposit rates affect CD rates and savings and checking interest rates in the coming year? That’s the question answered in the latest research report from Market Rates Insight, Inc. (http://www.marketratesinsight.com), the leader in financial services intelligence for deposits, personal loans, mortgages, and fees. The new report, “Likely Scenarios of Rising Deposit Rates in 2014 and Beyond,” provides an analysis of what deposit rates for CDs, savings accounts, money market, and checking accounts are likely to look like in the 2014.

This latest report reveals how deposit rates are likely to trend based on historical data from the last rising rate environment between July 2003 and July 2007. The predictive report can be invaluable to bank marketing executives and senior staff at banks and credit unions who need to plan their rate increases and budget for future interest expenses. Market Rates Insight is the only research company to have more than 25 years of cumulative bank and credit union rate data, giving the firm a more accurate portrait of cyclical market trends.

“As the economy continues to improve, there is no question that bank deposit rates will begin to rise,” said Dr. Dan Geller, Executive Vice President of Market Rates Insight and author of the study. “The real question is when will they rise and to what degree? No one has a crystal ball, but we do have historical data that accurately shows how deposit rates perform during the last rising economic cycle. Scrutinizing past performance can be a very reliable indicator of what lies ahead for deposit rates.”

Trends revealed in the report include:

– The impact of 3-month and 6-month LIBOR rates on deposit products.
– The average increase of deposit product rates on a month-to-month basis.
– The projected performance curve of term accounts and liquid accounts.
– The increase in interest expenses for banks and credit unions for consumer deposits.
– And much more.

The “Likely Scenarios of Rising Deposit Rates in 2014 and Beyond” report provides average rates in seven deposit-product categories: checking, savings, money markets, brief-term CDs (3 months or less), short-term CDs (3 months to 1 year), mid-term CDs (1 to 3 years), and long-term CDs (over 3 years). The report is available now for $995.

For more information, visit http://www.marketratesinsight.com/news/2014DepositTrends.html.

About Market Rates Insight
For more than two decades, Market Rates Insight (MRI) has been helping clients price with precision by providing banks, thrifts, credit unions, and other financial institutions with comprehensive market intelligence on deposits, loans, and fees. MRI’s products include web-enabled, customizable report programming, proprietary product research tools, searchable databases, market alerts, and online dashboards that aggregate key client data to provide real-time interactive views on how they rank against their specific competitors. MRI provides advanced toolsets for deposits, deposit surveys, mortgage and consumer loans, and loan surveys, fees and features pricing in addition to studies, new product alerts, benchmarking and market analyses to give subscribers the intelligence needed to strategically position products, optimize pricing and react to emerging trends.

Market Rates Insight is located in San Anselmo, California. For more information, see http://www.marketratesinsight.com.

Graphics available upon request

For additional information contact:
Tom Woolf
Market Rates Insight
(415) 259-5638
tom.woolf@marketratesinsight.com

2nd Largest Privately Owned Truckload Carrier Gives Source Intelligence MSDS Contract

U.S. Xpress Enterprises, Inc. is the latest global brand to entrust Source Intelligence® to take-on their material safety data sheet management requirement under the Occupational Health and Safety Administration’s standard.

Chattanooga, TN, January 09, 2014 – U.S. Xpress Enterprises, Inc. is the latest global brand to entrust Source Intelligence® to take-on their material safety data sheet management requirement under the Occupational Health and Safety Administration’s (OSHA) 29 CFR 1910.1200 standard (HazCom 2012) and, where applicable, the current standard (HazCom 1994).

“OSHA’s final rule combines the Hazard Communication Standard with the Globally Harmonized System of Chemical Classification and Labeling (GHS)”, explained Scott Hepner, Director of Source Intelligence’s Environmental Health and Safety Compliance Solutions. “Source Intelligence® serves a stable of industry leaders like U.S. Xpress with a comprehensive compliance solution that addresses Hazard classification, Labeling and marking, Material Safety Data Sheets (MSDS) Management, and information distribution and training. Importantly, MSDS compliance is just one application of Source Intelligence’s® robust environmental, social and sustainability compliance platform.”

“U.S. Xpress is committed to excellence and believes in setting high standards for our company and our employees,” commented Amy Lokken, Vice President, Safety, “To provide superior service to our customers we sought a new generation compliance platform that integrated technology and environmental experts available 24/7 that could handle our MSDS compliance and expand into other compliance programs for regulated materials up and down the entire supply chain. Source Intelligence’s® solution and team of experts offered exactly what we were looking for.”

Beginning November 2013, U.S. Xpress and Source Intelligence® entered a multi-year contract moving from training on the new label elements and MSDS format to complying with all modified provisions of the final rule by December 1, 2015 when distributors may no longer ship products labeled by manufacturers under the old system.

About U.S. Xpress Enterprises:
Founded in 1985, U.S. Xpress Enterprises is the nation’s second largest privately owned truckload carrier, providing a wide variety of transportation solutions throughout North America. We are committed to being at the forefront of safety compliance, using comprehensive training for our staff and drivers and ensuring our trucks feature the latest safety innovations.

With a dedication to minimizing our impact on the environment, U.S. Xpress is a SmartWay Transport Partner and was honored with a 2009 SmartWay Environmental Excellence Award. U.S. Xpress Enterprises affiliates include Arnold Transportation Services, Total Transportation of Mississippi, Xpress Global Systems and Xpress Internacional. For more information, please visit www.usxpress.com.

About Source Intelligence®:
Source Intelligence®, a Source 44 Company, is a data acquisition and analytics company that combines the best of cloud-based technology with a 24/7 Engagement Team to give organizations visibility into sustainability, environmental and social factors, such as carbon emissions, hazardous chemicals or illegal sourcing practices, that can create operational risks in costs, product and reputation.

Our technology platform for sustainability, environmental and social compliance programs empowers our customers to meet policy requirements, mitigate operational and brand risk, and enable strategic decisions.

Founded in 2009 by career experts in environmental solutions and cloud-based platforms for data acquisition, analytics and strategic decision-making, Source Intelligence® has grown to a 100-person operation servicing 6 diverse industries with 4 core services.

Source Intelligence® is headquartered in new, expanded facilities in Carlsbad, CA.

Contact:
Scott Hepner
Source Intelligence
1921 Palomar Oaks Way Suite #205
Carlsbad, CA 92011
877-916-6337
shepner@sourceintelligence.com
http://www.sourceintelligence.com