Compare Analysis of Signal Financial with 1.01% 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 Month1.01%1.24x (National Avg. - 0.81%)$10,000Credit Union-SCENARIO
Year Rate
1.01%Annual
InterestAnnual Interest
(After Tax)1 50,000 505 354 2 50,505 510 357 3 51,015 515 361 4 51,530 520 364 5 52,051 526 368 6 52,577 531 372 7 53,108 536 375 8 53,644 542 379 9 54,186 547 383 10 54,733 553 387 11 55,286 558 391 12 55,844 564 395 13 56,408 570 399 14 56,978 575 403 15 57,553 581 407 16 58,135 587 411 17 58,722 593 415 18 59,315 599 419 19 59,914 605 424 20 60,519 611 428 TOTAL $11,130 $7,791