Compare Analysis of First Community with 0.07% 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
    First Community
    $50,000
    6 Month
    0.07%
    0.16x (National Avg. - 0.41%)
    $10,000
    Credit Union
    -
     
    SCENARIO
    Year Rate
    0.07%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 33 23
    2 50,033 33 23
    3 50,065 33 23
    4 50,098 33 23
    5 50,130 33 23
    6 50,163 33 23
    7 50,195 33 23
    8 50,228 33 23
    9 50,261 33 23
    10 50,293 33 23
    11 50,326 33 23
    12 50,359 33 23
    13 50,391 33 23
    14 50,424 33 23
    15 50,457 33 23
    16 50,490 33 23
    17 50,523 33 23
    18 50,555 33 23
    19 50,588 33 23
    20 50,621 33 23
    TOTAL $654 $458