Many pricing teams still check competitor websites one at a time and copy rates into a spreadsheet. With more than 8,700 banks and credit unions in the U.S., that work is slow, and the numbers are often out of date by the time they reach a pricing meeting.
MonitorBankRates already collects advertised rates from thousands of institutions for its consumer site. The dashboard and API put that same data in front of community banks and credit unions at a price that fits a smaller budget.