Compare Analysis of Ford County State Bank with 0.19% 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 MONEY MARKET$50,000N.A.0.19%0.84x (National Avg. - 0.23%)$25,000Bank-SCENARIO
Year Rate
0.19%Annual
InterestAnnual Interest
(After Tax)1 50,000 95 67 2 50,095 95 67 3 50,190 95 67 4 50,286 96 67 5 50,381 96 67 6 50,477 96 67 7 50,573 96 67 8 50,669 96 67 9 50,765 96 68 10 50,862 97 68 11 50,958 97 68 12 51,055 97 68 13 51,152 97 68 14 51,249 97 68 15 51,347 98 68 16 51,444 98 68 17 51,542 98 69 18 51,640 98 69 19 51,738 98 69 20 51,836 98 69 TOTAL $1,935 $1,354