Compare Analysis of First Pryority Bank with 1.17% 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 Month1.17%1.28x (National Avg. - 0.92%)$10,000Bank-SCENARIO
Year Rate
1.17%Annual
InterestAnnual Interest
(After Tax)1 50,000 585 410 2 50,585 592 414 3 51,177 599 419 4 51,776 606 424 5 52,381 613 429 6 52,994 620 434 7 53,614 627 439 8 54,242 635 444 9 54,876 642 449 10 55,518 650 455 11 56,168 657 460 12 56,825 665 465 13 57,490 673 471 14 58,162 681 476 15 58,843 688 482 16 59,531 697 488 17 60,228 705 493 18 60,933 713 499 19 61,646 721 505 20 62,367 730 511 TOTAL $13,096 $9,168