Compare Analysis of NSB Bank with 1.05% 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 Month1.05%1.30x (National Avg. - 0.81%)$10,000Bank-SCENARIO
Year Rate
1.05%Annual
InterestAnnual Interest
(After Tax)1 50,000 527 369 2 50,527 532 372 3 51,059 538 376 4 51,596 543 380 5 52,139 549 384 6 52,689 555 388 7 53,243 561 392 8 53,804 567 397 9 54,371 573 401 10 54,943 579 405 11 55,522 585 409 12 56,106 591 414 13 56,697 597 418 14 57,294 603 422 15 57,897 610 427 16 58,507 616 431 17 59,123 623 436 18 59,746 629 440 19 60,375 636 445 20 61,011 642 450 TOTAL $11,653 $8,157