Compare Analysis of Hopkins County Teachers with 0.75% 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
    Hopkins County Teachers
    $50,000
    24 Month
    0.75%
    1.14x (National Avg. - 0.66%)
    $10,000
    Credit Union
    -
     
    SCENARIO
    Year Rate
    0.75%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 376 263
    2 50,376 378 265
    3 50,754 381 267
    4 51,135 384 269
    5 51,519 387 271
    6 51,906 390 273
    7 52,296 393 275
    8 52,688 396 277
    9 53,084 399 279
    10 53,483 402 281
    11 53,884 405 283
    12 54,289 408 285
    13 54,697 411 288
    14 55,108 414 290
    15 55,521 417 292
    16 55,938 420 294
    17 56,359 423 296
    18 56,782 426 299
    19 57,208 430 301
    20 57,638 433 303
    TOTAL $8,071 $5,650