Compare Analysis of Genuine Parts with 1.26% 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 SAVINGS$50,000N.A.1.26%5.56x (National Avg. - 0.23%)$2,500Credit Union-SCENARIO
Year Rate
1.26%Annual
InterestAnnual Interest
(After Tax)1 50,000 628 440 2 50,628 636 445 3 51,264 644 451 4 51,908 652 456 5 52,560 660 462 6 53,220 668 468 7 53,888 677 474 8 54,565 685 480 9 55,250 694 486 10 55,944 703 492 11 56,647 711 498 12 57,359 720 504 13 58,079 729 511 14 58,808 739 517 15 59,547 748 524 16 60,295 757 530 17 61,052 767 537 18 61,819 776 544 19 62,596 786 550 20 63,382 796 557 TOTAL $14,178 $9,925