Compare Analysis of Arvest Bank with 1.87% APY

This analysis is for demonstrative purposes only. Savings rates may go up or down, and CD rates may not be renewable for the length of the term of the analysis.

$
PRODUCT
BANK
AMOUNT
TERM
APY
VS.NATL'L AV.
MIN
BANK TYPE
STATE

All calculations are for demonstration purposes only."

  • 1
    LOCAL MONEY MARKET
    Arvest Bank
    $50,000
    N.A.
    1.87%
    3.95x (National Avg. - 0.47%)
    $2,500
    Bank
    -
     
    SCENARIO
    Year Rate
    1.87%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 935 655
    2 50,935 952 667
    3 51,887 970 679
    4 52,858 988 692
    5 53,846 1,007 705
    6 54,853 1,026 718
    7 55,879 1,045 731
    8 56,924 1,064 745
    9 57,988 1,084 759
    10 59,073 1,105 773
    11 60,177 1,125 788
    12 61,303 1,146 802
    13 62,449 1,168 817
    14 63,617 1,190 833
    15 64,806 1,212 848
    16 66,018 1,235 864
    17 67,253 1,258 880
    18 68,511 1,281 897
    19 69,792 1,305 914
    20 71,097 1,330 931
    TOTAL $22,426 $15,698