Compare Analysis of NSB Bank with 1.15% 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$50,00060 Month1.15%1.26x (National Avg. - 0.92%)$10,000Bank-SCENARIO
Year Rate
1.15%Annual
InterestAnnual Interest
(After Tax)1 50,000 577 404 2 50,577 583 408 3 51,160 590 413 4 51,750 597 418 5 52,346 604 422 6 52,950 611 427 7 53,560 618 432 8 54,178 625 437 9 54,802 632 442 10 55,434 639 447 11 56,074 647 453 12 56,720 654 458 13 57,374 662 463 14 58,036 669 468 15 58,705 677 474 16 59,382 685 479 17 60,066 693 485 18 60,759 701 490 19 61,459 709 496 20 62,168 717 502 TOTAL $12,885 $9,019