Compare Analysis of Elevault, a division of Southern Bancorp of Arkansas with 5.13% 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
    ONLINE SAVINGS
    Elevault, a division of Southern Bancorp of Arkansas
    $50,000
    N.A.
    5.13%
    22.70x (National Avg. - 0.23%)
    $0
    Online Bank
    -
     
    SCENARIO
    Year Rate
    5.13%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 2,565 1,796
    2 52,565 2,697 1,888
    3 55,262 2,835 1,984
    4 58,097 2,980 2,086
    5 61,077 3,133 2,193
    6 64,210 3,294 2,306
    7 67,504 3,463 2,424
    8 70,967 3,641 2,548
    9 74,608 3,827 2,679
    10 78,435 4,024 2,817
    11 82,459 4,230 2,961
    12 86,689 4,447 3,113
    13 91,136 4,675 3,273
    14 95,811 4,915 3,441
    15 100,726 5,167 3,617
    16 105,894 5,432 3,803
    17 111,326 5,711 3,998
    18 117,037 6,004 4,203
    19 123,041 6,312 4,418
    20 129,353 6,636 4,645
    TOTAL $85,989 $60,192