CHARLOTTSEVILLE, Va. – SNL Financial announced yesterday it has acquired Datatrac’s popular Interest Rate Products, which track rates for savings and loans for more than 8,000 financial institutions, including 1,000 credit unions.
Following the integration, the rate and fee information will be combined with SNL’s financial data, branch & deposit data, demographics, news, and analytical tools into SNL’s existing platform.
Following the acquisition, Datatrac Corp. will continue as a standalone company offering marketing and consumer services with interest rate data provided by SNL.
SNL Financial is a provider of financial information on more than 3,300 public companies, with a market niche in banks.