Compare Analysis of Marine with 1.07% 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$50,00060 Month1.07%1.17x (National Avg. - 0.92%)$100,000Credit Union-SCENARIO
Year Rate
1.07%Annual
InterestAnnual Interest
(After Tax)1 50,000 535 375 2 50,535 541 379 3 51,076 547 383 4 51,622 552 387 5 52,175 558 391 6 52,733 564 395 7 53,297 570 399 8 53,867 576 403 9 54,444 583 408 10 55,026 589 412 11 55,615 595 417 12 56,210 601 421 13 56,812 608 426 14 57,420 614 430 15 58,034 621 435 16 58,655 628 439 17 59,282 634 444 18 59,917 641 449 19 60,558 648 454 20 61,206 655 458 TOTAL $11,861 $8,303