Compare Analysis of CLB The Community Bank with 1.16% 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$50,00036 Month1.16%1.54x (National Avg. - 0.75%)$100,000Bank-SCENARIO
Year Rate
1.16%Annual
InterestAnnual Interest
(After Tax)1 50,000 578 405 2 50,578 585 409 3 51,163 591 414 4 51,754 598 419 5 52,352 605 424 6 52,958 612 429 7 53,570 619 433 8 54,189 626 438 9 54,815 634 444 10 55,449 641 449 11 56,090 648 454 12 56,739 656 459 13 57,394 663 464 14 58,058 671 470 15 58,729 679 475 16 59,408 687 481 17 60,095 695 486 18 60,789 703 492 19 61,492 711 498 20 62,203 719 503 TOTAL $12,922 $9,045