lines = 'Domestic 2.21 Stonebridge 2.47 Waterfield 2.81 NOVA 2.81 American 2.96 Metropolitan_National 3.00 AIG 3.35 iGObanking.com 3.44 Discover 3.44 Intervest_National 3.49' con = textConnection( lines ) DF = read.table( con, header=FALSE ) close(con) colnames(DF) = c('Bank', 'Interest_Rate') #DF$Interest_Rate = DF$Interest_Rate / 100.0