Compare Analysis of Central Valley Firefighters with 2.01% 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$50,0006 Month2.01%4.94x (National Avg. - 0.41%)$1,000Credit Union-SCENARIO
Year Rate
2.01%Annual
InterestAnnual Interest
(After Tax)1 50,000 1,005 704 2 51,005 1,025 718 3 52,030 1,046 732 4 53,076 1,067 747 5 54,143 1,088 762 6 55,231 1,110 777 7 56,341 1,132 793 8 57,474 1,155 809 9 58,629 1,178 825 10 59,807 1,202 841 11 61,010 1,226 858 12 62,236 1,251 876 13 63,487 1,276 893 14 64,763 1,302 911 15 66,065 1,328 930 16 67,392 1,355 948 17 68,747 1,382 967 18 70,129 1,410 987 19 71,538 1,438 1,007 20 72,976 1,467 1,027 TOTAL $24,443 $17,110