Compare Analysis of Cheney with 0.23% 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 MONEY MARKET$50,000N.A.0.23%1.02x (National Avg. - 0.23%)$10,000Credit Union-SCENARIO
Year Rate
0.23%Annual
InterestAnnual Interest
(After Tax)1 50,000 115 81 2 50,115 115 81 3 50,230 116 81 4 50,346 116 81 5 50,462 116 81 6 50,578 116 81 7 50,694 117 82 8 50,811 117 82 9 50,927 117 82 10 51,045 117 82 11 51,162 118 82 12 51,280 118 83 13 51,398 118 83 14 51,516 118 83 15 51,634 119 83 16 51,753 119 83 17 51,872 119 84 18 51,991 120 84 19 52,111 120 84 20 52,231 120 84 TOTAL $2,351 $1,646