Compare Analysis of Georgia's Own with 3.21% 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.

  • 1
    LOCAL CD
    Georgia's Own
    $50,000
    36 Month
    3.21%
    4.28x (National Avg. - 0.75%)
    $10,000
    Credit Union
    -
     
    SCENARIO
    Year Rate
    3.21%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 1,605 1,124
    2 51,605 1,657 1,160
    3 53,262 1,710 1,197
    4 54,971 1,765 1,235
    5 56,736 1,821 1,275
    6 58,557 1,880 1,316
    7 60,437 1,940 1,358
    8 62,377 2,002 1,402
    9 64,379 2,067 1,447
    10 66,446 2,133 1,493
    11 68,578 2,201 1,541
    12 70,780 2,272 1,590
    13 73,052 2,345 1,641
    14 75,397 2,420 1,694
    15 77,817 2,498 1,749
    16 80,315 2,578 1,805
    17 82,893 2,661 1,863
    18 85,554 2,746 1,922
    19 88,300 2,834 1,984
    20 91,135 2,925 2,048
    TOTAL $44,060 $30,842