Compare Analysis of Citizens State Bank with 0.80% 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
    30 Month
    0.80%
    N.A.
    $10,000
    Bank
    -
     
    SCENARIO
    Year Rate
    0.80%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 400 280
    2 50,400 403 282
    3 50,802 406 284
    4 51,208 409 286
    5 51,617 412 289
    6 52,030 416 291
    7 52,445 419 293
    8 52,864 422 296
    9 53,287 426 298
    10 53,713 429 300
    11 54,142 433 303
    12 54,574 436 305
    13 55,010 440 308
    14 55,450 443 310
    15 55,893 447 313
    16 56,340 450 315
    17 56,790 454 318
    18 57,243 457 320
    19 57,701 461 323
    20 58,162 465 325
    TOTAL $8,627 $6,039