Compare Analysis of Consumers Professional with 1.05% 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
    Consumers Professional
    $50,000
    36 Month
    1.05%
    1.40x (National Avg. - 0.75%)
    $100,000
    Credit Union
    -
     
    SCENARIO
    Year Rate
    1.05%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 527 369
    2 50,527 533 373
    3 51,060 538 377
    4 51,598 544 381
    5 52,142 550 385
    6 52,691 555 389
    7 53,246 561 393
    8 53,808 567 397
    9 54,375 573 401
    10 54,948 579 405
    11 55,527 585 410
    12 56,112 591 414
    13 56,704 598 418
    14 57,301 604 423
    15 57,905 610 427
    16 58,516 617 432
    17 59,132 623 436
    18 59,756 630 441
    19 60,386 636 446
    20 61,022 643 450
    TOTAL $11,665 $8,166