Compare Analysis of VeraBank, National Association with 2.88% 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
    VeraBank, National Association
    $50,000
    18 Month
    2.88%
    4.97x (National Avg. - 0.58%)
    $10,000
    Bank
    -
     
    SCENARIO
    Year Rate
    2.88%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 1,440 1,008
    2 51,440 1,481 1,037
    3 52,921 1,524 1,067
    4 54,446 1,568 1,098
    5 56,014 1,613 1,129
    6 57,627 1,660 1,162
    7 59,286 1,707 1,195
    8 60,994 1,757 1,230
    9 62,751 1,807 1,265
    10 64,558 1,859 1,301
    11 66,417 1,913 1,339
    12 68,330 1,968 1,378
    13 70,298 2,025 1,417
    14 72,322 2,083 1,458
    15 74,405 2,143 1,500
    16 76,548 2,205 1,543
    17 78,753 2,268 1,588
    18 81,021 2,333 1,633
    19 83,354 2,401 1,680
    20 85,755 2,470 1,729
    TOTAL $38,224 $26,757