Compare Analysis of Bank of Dixon County with 1.56% 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.
- 1LOCAL CD$50,00048 Month1.56%1.92x (National Avg. - 0.81%)$100,000Bank-SCENARIO
Year Rate
1.56%Annual
InterestAnnual Interest
(After Tax)1 50,000 780 546 2 50,780 792 555 3 51,572 805 563 4 52,377 817 572 5 53,194 830 581 6 54,024 843 590 7 54,866 856 599 8 55,722 869 608 9 56,592 883 618 10 57,474 897 628 11 58,371 911 637 12 59,282 925 647 13 60,206 939 657 14 61,146 954 668 15 62,099 969 678 16 63,068 984 689 17 64,052 999 699 18 65,051 1,015 710 19 66,066 1,031 721 20 67,097 1,047 733 TOTAL $18,143 $12,700