Compare Analysis of Mcpherson Co-op with 1.11% 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
    $50,000
    48 Month
    1.11%
    1.37x (National Avg. - 0.81%)
    $100,000
    Credit Union
    -
     
    SCENARIO
    Year Rate
    1.11%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 557 390
    2 50,557 563 394
    3 51,119 569 398
    4 51,688 575 403
    5 52,263 582 407
    6 52,845 588 412
    7 53,433 595 416
    8 54,028 601 421
    9 54,629 608 426
    10 55,237 615 430
    11 55,852 622 435
    12 56,474 629 440
    13 57,102 636 445
    14 57,738 643 450
    15 58,381 650 455
    16 59,030 657 460
    17 59,687 664 465
    18 60,352 672 470
    19 61,023 679 475
    20 61,703 687 481
    TOTAL $12,389 $8,672