Compare Analysis of Commercial Bank & Trust Company with 0.25% 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$50,0006 Month0.25%0.62x (National Avg. - 0.41%)$10,000Bank-SCENARIO
Year Rate
0.25%Annual
InterestAnnual Interest
(After Tax)1 50,000 126 88 2 50,126 126 88 3 50,252 127 89 4 50,379 127 89 5 50,506 127 89 6 50,633 128 89 7 50,761 128 90 8 50,889 128 90 9 51,017 129 90 10 51,145 129 90 11 51,274 129 90 12 51,404 130 91 13 51,533 130 91 14 51,663 130 91 15 51,793 131 91 16 51,924 131 92 17 52,055 131 92 18 52,186 132 92 19 52,317 132 92 20 52,449 132 93 TOTAL $2,581 $1,807