Compare Analysis of First Neighbor Bank, National Association with 1.38% 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$50,00060 Month1.38%1.51x (National Avg. - 0.92%)$500Bank-SCENARIO
Year Rate
1.38%Annual
InterestAnnual Interest
(After Tax)1 50,000 690 483 2 50,690 700 490 3 51,390 709 496 4 52,099 719 503 5 52,818 729 510 6 53,547 739 517 7 54,285 749 524 8 55,035 759 532 9 55,794 770 539 10 56,564 781 546 11 57,345 791 554 12 58,136 802 562 13 58,938 813 569 14 59,752 825 577 15 60,576 836 585 16 61,412 847 593 17 62,260 859 601 18 63,119 871 610 19 63,990 883 618 20 64,873 895 627 TOTAL $15,768 $11,038