Compare Analysis of Lowry State Bank with 1.72% 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$50,00048 Month1.72%2.12x (National Avg. - 0.81%)$100,000Bank-SCENARIO
Year Rate
1.72%Annual
InterestAnnual Interest
(After Tax)1 50,000 860 602 2 50,860 875 612 3 51,735 890 623 4 52,625 905 634 5 53,530 921 644 6 54,450 937 656 7 55,387 953 667 8 56,340 969 678 9 57,309 986 690 10 58,294 1,003 702 11 59,297 1,020 714 12 60,317 1,037 726 13 61,354 1,055 739 14 62,410 1,073 751 15 63,483 1,092 764 16 64,575 1,111 777 17 65,686 1,130 791 18 66,816 1,149 804 19 67,965 1,169 818 20 69,134 1,189 832 TOTAL $20,323 $14,226