Compare Analysis of City with 0.24% 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.
- 1LOCAL CD$50,00024 Month0.24%0.36x (National Avg. - 0.66%)$10,000Credit Union-SCENARIO
Year Rate
0.24%Annual
InterestAnnual Interest
(After Tax)1 50,000 120 84 2 50,120 120 84 3 50,240 121 84 4 50,361 121 85 5 50,482 121 85 6 50,603 121 85 7 50,724 122 85 8 50,846 122 85 9 50,968 122 86 10 51,090 123 86 11 51,213 123 86 12 51,336 123 86 13 51,459 124 86 14 51,583 124 87 15 51,706 124 87 16 51,831 124 87 17 51,955 125 87 18 52,080 125 87 19 52,205 125 88 20 52,330 126 88 TOTAL $2,456 $1,719