Compare Analysis of Center National Bank with 1.74% 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
    Center National Bank
    $50,000
    N.A.
    1.74%
    3.67x (National Avg. - 0.47%)
    $100,000
    Bank
    -
     
    SCENARIO
    Year Rate
    1.74%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 870 609
    2 50,870 885 620
    3 51,755 901 630
    4 52,656 916 641
    5 53,572 932 653
    6 54,504 948 664
    7 55,452 965 675
    8 56,417 982 687
    9 57,399 999 699
    10 58,398 1,016 711
    11 59,414 1,034 724
    12 60,448 1,052 736
    13 61,499 1,070 749
    14 62,569 1,089 762
    15 63,658 1,108 775
    16 64,766 1,127 789
    17 65,893 1,147 803
    18 67,039 1,166 817
    19 68,206 1,187 831
    20 69,393 1,207 845
    TOTAL $20,600 $14,420