Compare Analysis of Consumers Professional with 1.31% 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
    60 Month
    1.31%
    1.43x (National Avg. - 0.92%)
    $100,000
    Credit Union
    -
     
    SCENARIO
    Year Rate
    1.31%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 653 457
    2 50,653 662 463
    3 51,315 670 469
    4 51,985 679 475
    5 52,664 688 481
    6 53,351 697 488
    7 54,048 706 494
    8 54,754 715 501
    9 55,469 724 507
    10 56,194 734 514
    11 56,927 743 520
    12 57,671 753 527
    13 58,424 763 534
    14 59,187 773 541
    15 59,960 783 548
    16 60,743 793 555
    17 61,536 804 563
    18 62,340 814 570
    19 63,154 825 577
    20 63,979 836 585
    TOTAL $14,815 $10,370