Compare Analysis of Bank of St. Francisville with 0.20% 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
    $50,000
    N.A.
    0.20%
    0.88x (National Avg. - 0.23%)
    $25,000
    Bank
    -
     
    SCENARIO
    Year Rate
    0.20%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 100 70
    2 50,100 100 70
    3 50,199 100 70
    4 50,299 100 70
    5 50,399 100 70
    6 50,499 100 70
    7 50,600 101 70
    8 50,701 101 71
    9 50,802 101 71
    10 50,903 101 71
    11 51,004 101 71
    12 51,105 102 71
    13 51,207 102 71
    14 51,309 102 71
    15 51,411 102 72
    16 51,513 103 72
    17 51,616 103 72
    18 51,719 103 72
    19 51,822 103 72
    20 51,925 103 72
    TOTAL $2,028 $1,420