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.

  • 1
    LOCAL CD
    $50,000
    48 Month
    1.05%
    1.30x (National Avg. - 0.81%)
    $10,000
    Bank
    -
     
    SCENARIO
    Year Rate
    1.05%
    Annual
    Interest
    Annual 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