Compare Analysis of Concorde Bank with 1.81% 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
    Concorde Bank
    $50,000
    60 Month
    1.81%
    1.98x (National Avg. - 0.92%)
    $500
    Bank
    -
     
    SCENARIO
    Year Rate
    1.81%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 905 634
    2 50,905 921 645
    3 51,826 938 657
    4 52,764 955 669
    5 53,719 972 681
    6 54,692 990 693
    7 55,682 1,008 705
    8 56,690 1,026 718
    9 57,716 1,045 731
    10 58,760 1,064 744
    11 59,824 1,083 758
    12 60,907 1,102 772
    13 62,009 1,122 786
    14 63,131 1,143 800
    15 64,274 1,163 814
    16 65,437 1,184 829
    17 66,622 1,206 844
    18 67,828 1,228 859
    19 69,055 1,250 875
    20 70,305 1,273 891
    TOTAL $21,578 $15,105