Compare Analysis of Midwest Coalition Of Labor with 1.41% 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$50,00036 Month1.41%1.88x (National Avg. - 0.75%)$100,000Credit Union-SCENARIO
Year Rate
1.41%Annual
InterestAnnual Interest
(After Tax)1 50,000 705 494 2 50,705 715 500 3 51,420 725 508 4 52,145 735 515 5 52,880 746 522 6 53,626 756 529 7 54,382 767 537 8 55,149 778 544 9 55,926 789 552 10 56,715 800 560 11 57,515 811 568 12 58,326 822 576 13 59,148 834 584 14 59,982 846 592 15 60,828 858 600 16 61,685 870 609 17 62,555 882 617 18 63,437 894 626 19 64,332 907 635 20 65,239 920 644 TOTAL $16,159 $11,311