Compare Analysis of First State Bank of Texas 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$50,00036 Month1.38%1.83x (National Avg. - 0.75%)$100,000Bank-SCENARIO
Year Rate
1.38%Annual
InterestAnnual Interest
(After Tax)1 50,000 688 482 2 50,688 697 488 3 51,385 707 495 4 52,093 717 502 5 52,809 727 509 6 53,536 737 516 7 54,273 747 523 8 55,019 757 530 9 55,776 767 537 10 56,544 778 545 11 57,322 789 552 12 58,111 800 560 13 58,910 811 567 14 59,721 822 575 15 60,543 833 583 16 61,376 845 591 17 62,220 856 599 18 63,076 868 608 19 63,944 880 616 20 64,824 892 624 TOTAL $15,716 $11,001