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.
- 1LOCAL CD$50,00048 Month1.11%1.37x (National Avg. - 0.81%)$100,000Credit Union-SCENARIO
Year Rate
1.11%Annual
InterestAnnual 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