Compare Analysis of Citizens State Bank with 1.61% 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$50,00060 Month1.61%1.76x (National Avg. - 0.92%)$10,000Bank-SCENARIO
Year Rate
1.61%Annual
InterestAnnual Interest
(After Tax)1 50,000 805 564 2 50,805 818 573 3 51,623 831 582 4 52,454 845 591 5 53,299 858 601 6 54,157 872 610 7 55,029 886 620 8 55,915 900 630 9 56,815 915 640 10 57,730 929 651 11 58,659 944 661 12 59,603 960 672 13 60,563 975 683 14 61,538 991 694 15 62,529 1,007 705 16 63,536 1,023 716 17 64,558 1,039 728 18 65,598 1,056 739 19 66,654 1,073 751 20 67,727 1,090 763 TOTAL $18,818 $13,172