Compare Analysis of RNB STATE BANK with 1.19% 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 Month1.19%1.30x (National Avg. - 0.92%)$10,000Bank-SCENARIO
Year Rate
1.19%Annual
InterestAnnual Interest
(After Tax)1 50,000 595 417 2 50,595 602 421 3 51,197 609 426 4 51,806 616 432 5 52,423 624 437 6 53,047 631 442 7 53,678 639 447 8 54,317 646 452 9 54,963 654 458 10 55,617 662 463 11 56,279 670 469 12 56,949 678 474 13 57,626 686 480 14 58,312 694 486 15 59,006 702 492 16 59,708 711 497 17 60,419 719 503 18 61,138 728 509 19 61,865 736 515 20 62,601 745 521 TOTAL $13,346 $9,342