United States Bank Lending Rate
Sep 2026 · Monthly
The US bank lending rate held at 6.75% in September, unchanged from August. The rate has remained at that level since December 2025, marking ten consecutive months of stability. A year earlier, the rate was 7.25%. The all-time high was 21.5% in December 1980, and the low was 3.25% in February 2022, according to the Federal Reserve Bank of St. Louis.
source: Federal Reserve Bank of St. Louis
The Bank Lending Rate in the United States stood at 6.75 percent in September 2026, unchanged from the previous month. The rate is 14.75 percentage points below its all-time high of 21.5 percent set in December 1980 and 3.5 percentage points above its all-time low of 3.25 percent in February 2022. Monthly records date to August 1955.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| 6.8% | 6.8% | 21.5%Dec 1980 | 3.3%Feb 2022 | 1955 – 2026 | Monthly |
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About this series
Bank Lending Rate in United States averaged 5.9% from 1955 until 2026, reaching an all-time high of 21.5% in Dec 1980 and a record low of 3.3% in Feb 2022. The series is reported monthly with history from 1955.
The Bank Lending Rate measures the interest rate charged by banks on loans in the United States. The indicator is expressed in percent and reported on a monthly basis. The series begins in August 1955 and extends through the latest available observation.
Source & methodology
We use primary economic sources for every country. See our methodology page for how we source and verify this data.
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