Compare Analysis of First Pryority Bank with 0.71% 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$50,00018 Month0.71%1.23x (National Avg. - 0.58%)$10,000Bank-SCENARIO
Year Rate
0.71%Annual
InterestAnnual Interest
(After Tax)1 50,000 355 249 2 50,355 358 250 3 50,713 360 252 4 51,073 363 254 5 51,435 365 256 6 51,800 368 257 7 52,168 370 259 8 52,539 373 261 9 52,912 376 263 10 53,287 378 265 11 53,666 381 267 12 54,047 384 269 13 54,430 386 271 14 54,817 389 272 15 55,206 392 274 16 55,598 395 276 17 55,993 398 278 18 56,390 400 280 19 56,791 403 282 20 57,194 406 284 TOTAL $7,600 $5,320