Compare Analysis of NSB Bank with 0.59% 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
    NSB Bank
    $50,000
    12 Month
    0.59%
    1.07x (National Avg. - 0.55%)
    $10,000
    Bank
    -
     
    SCENARIO
    Year Rate
    0.59%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 296 207
    2 50,296 297 208
    3 50,593 299 209
    4 50,892 301 211
    5 51,193 303 212
    6 51,495 304 213
    7 51,799 306 214
    8 52,106 308 216
    9 52,413 310 217
    10 52,723 312 218
    11 53,035 313 219
    12 53,348 315 221
    13 53,664 317 222
    14 53,981 319 223
    15 54,300 321 225
    16 54,621 323 226
    17 54,943 325 227
    18 55,268 327 229
    19 55,595 329 230
    20 55,923 331 231
    TOTAL $6,254 $4,378