Compare Analysis of Credit Union Of Texas with 5.01% 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
    $50,000
    6 Month
    5.01%
    12.33x (National Avg. - 0.41%)
    $100,000
    Credit Union
    -
     
    SCENARIO
    Year Rate
    5.01%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 2,503 1,752
    2 52,503 2,628 1,839
    3 55,130 2,759 1,931
    4 57,890 2,897 2,028
    5 60,787 3,042 2,130
    6 63,829 3,195 2,236
    7 67,024 3,355 2,348
    8 70,378 3,522 2,466
    9 73,901 3,699 2,589
    10 77,600 3,884 2,719
    11 81,484 4,078 2,855
    12 85,562 4,282 2,998
    13 89,844 4,497 3,148
    14 94,341 4,722 3,305
    15 99,063 4,958 3,471
    16 104,021 5,206 3,644
    17 109,227 5,467 3,827
    18 114,694 5,740 4,018
    19 120,434 6,028 4,219
    20 126,462 6,329 4,431
    TOTAL $82,791 $57,954