Compare Analysis of Cedar Valley Bank & Trust with 1.09% 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$50,00024 Month1.09%1.66x (National Avg. - 0.66%)$5,000Bank-SCENARIO
Year Rate
1.09%Annual
InterestAnnual Interest
(After Tax)1 50,000 545 382 2 50,545 551 386 3 51,096 557 390 4 51,653 563 394 5 52,216 569 398 6 52,785 575 403 7 53,360 582 407 8 53,942 588 412 9 54,530 594 416 10 55,124 601 421 11 55,725 607 425 12 56,333 614 430 13 56,947 621 435 14 57,567 627 439 15 58,195 634 444 16 58,829 641 449 17 59,470 648 454 18 60,119 655 459 19 60,774 662 464 20 61,436 670 469 TOTAL $12,106 $8,474