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.
- 1LOCAL CD$50,00030 Month0.80%N.A.$10,000Bank-SCENARIO
Year Rate
0.80%Annual
InterestAnnual 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