Compare Analysis of Points West Community Bank with 1.60% 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 Month1.60%1.75x (National Avg. - 0.92%)$10,000Bank-SCENARIO
Year Rate
1.60%Annual
InterestAnnual Interest
(After Tax)1 50,000 800 560 2 50,800 813 569 3 51,613 826 578 4 52,439 839 587 5 53,278 852 597 6 54,130 866 606 7 54,996 880 616 8 55,876 894 626 9 56,770 908 636 10 57,678 923 646 11 58,601 938 656 12 59,539 953 667 13 60,492 968 678 14 61,459 983 688 15 62,443 999 699 16 63,442 1,015 711 17 64,457 1,031 722 18 65,488 1,048 733 19 66,536 1,065 745 20 67,601 1,082 757 TOTAL $18,682 $13,078