Compare Analysis of Frontier Bank with 0.53% 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$50,00018 Month0.53%0.91x (National Avg. - 0.58%)$100,000Bank-SCENARIO
Year Rate
0.53%Annual
InterestAnnual Interest
(After Tax)1 50,000 263 184 2 50,263 264 185 3 50,526 265 186 4 50,792 267 187 5 51,058 268 188 6 51,326 269 189 7 51,596 271 190 8 51,867 272 191 9 52,139 274 192 10 52,413 275 193 11 52,688 277 194 12 52,965 278 195 13 53,243 280 196 14 53,522 281 197 15 53,803 282 198 16 54,086 284 199 17 54,369 285 200 18 54,655 287 201 19 54,942 288 202 20 55,230 290 203 TOTAL $5,520 $3,864