Compare Analysis of First Class American with 1.06% 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$50,00048 Month1.06%1.30x (National Avg. - 0.81%)$100,000Credit Union-SCENARIO
Year Rate
1.06%Annual
InterestAnnual Interest
(After Tax)1 50,000 528 369 2 50,528 533 373 3 51,061 539 377 4 51,599 544 381 5 52,144 550 385 6 52,694 556 389 7 53,250 562 393 8 53,811 568 397 9 54,379 574 402 10 54,953 580 406 11 55,533 586 410 12 56,118 592 414 13 56,711 598 419 14 57,309 605 423 15 57,913 611 428 16 58,524 617 432 17 59,142 624 437 18 59,766 631 441 19 60,396 637 446 20 61,034 644 451 TOTAL $11,677 $8,174