Neighbors Federal Credit Union was recently awarded three 2009 Datatrac Great Rate Awards for outperforming the Baton Rouge Market interest rate average on Auto Loans, Credit Cards and Personal Loans for the 12 month period ending March 31, 2009.

“Compared to all other financial institutions in the Baton Rouge, LA metro area, Neighbors Federal Credit Union’s auto loan, credit card and personal loan rates beat the market average 100% of the time” says Ken Wanek, President and CEO of Datatrac, a Milwaukee based company that has been monitoring bank and credit union rates for over 20 years. Datatrac Great Rate Awards assure consumers that the rate offered by their financial institution consistently outperforms the market average, eliminating the cumbersome task of rate shopping. “When you see a Great Rate Award, you know you’re getting a good deal” says Wanek.

“We are thrilled to receive this Award,” said Kathi M. Gill, President/CEO of Neighbors Federal Credit Union. “We continue to strive to be a financial services leader in the 9-parish area. In a changing financial environment, the Datatrac Great Rate Awards assure members that Neighbors Federal Credit Union is helping our members reach their financial goals with consistent Great Rates. One of the key drivers to our success is the confidence that our members entrust with us.”

Datatrac Great Rate Awards certify that the rate offered by an institution’s product consistently outperformed the specified market average of all financial institutions monitored by Datatrac during an annual or quarterly period. Datatrac is America’s largest interest rate database with retail deposit and/or lending rates for over 90,000 financial institution locations nationwide, and has been conducting unbiased competitive research in the banking industry for over 20 years. For more information, please visit www.datatrac.net.