Compare Analysis of Farmers & Merchants Bank with 0.93% 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
    Farmers & Merchants Bank
    $50,000
    48 Month
    0.93%
    1.14x (National Avg. - 0.81%)
    $10,000
    Bank
    -
     
    SCENARIO
    Year Rate
    0.93%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 465 326
    2 50,465 469 329
    3 50,934 474 332
    4 51,408 478 335
    5 51,886 483 338
    6 52,369 487 341
    7 52,856 492 344
    8 53,347 496 347
    9 53,843 501 351
    10 54,344 505 354
    11 54,850 510 357
    12 55,360 515 360
    13 55,874 520 364
    14 56,394 524 367
    15 56,919 529 371
    16 57,448 534 374
    17 57,982 539 377
    18 58,521 544 381
    19 59,066 549 385
    20 59,615 554 388
    TOTAL $10,169 $7,119