Compare Analysis of Champion Bank with 1.34% 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 CD
    Champion Bank
    $50,000
    48 Month
    1.34%
    1.65x (National Avg. - 0.81%)
    $10,000
    Bank
    -
     
    SCENARIO
    Year Rate
    1.34%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 670 469
    2 50,670 679 475
    3 51,349 688 482
    4 52,037 697 488
    5 52,734 707 495
    6 53,441 716 501
    7 54,157 726 508
    8 54,883 735 515
    9 55,618 745 522
    10 56,364 755 529
    11 57,119 765 536
    12 57,884 776 543
    13 58,660 786 550
    14 59,446 797 558
    15 60,242 807 565
    16 61,050 818 573
    17 61,868 829 580
    18 62,697 840 588
    19 63,537 851 596
    20 64,388 863 604
    TOTAL $15,251 $10,676