Compare Analysis of Citizens State Bank with 1.24% 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
    Citizens State Bank
    $50,000
    48 Month
    1.24%
    1.53x (National Avg. - 0.81%)
    $1,000
    Bank
    -
     
    SCENARIO
    Year Rate
    1.24%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 622 435
    2 50,622 629 440
    3 51,251 637 446
    4 51,888 645 451
    5 52,533 653 457
    6 53,186 661 463
    7 53,847 669 469
    8 54,516 678 474
    9 55,194 686 480
    10 55,880 695 486
    11 56,574 703 492
    12 57,278 712 498
    13 57,990 721 505
    14 58,710 730 511
    15 59,440 739 517
    16 60,179 748 524
    17 60,927 757 530
    18 61,684 767 537
    19 62,451 776 543
    20 63,227 786 550
    TOTAL $14,013 $9,809