Compare Analysis of Solidarity Community with 1.67% 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$50,00037 Month1.67%N.A.$500Credit Union-SCENARIO
Year Rate
1.67%Annual
InterestAnnual Interest
(After Tax)1 50,000 835 585 2 50,835 849 594 3 51,684 863 604 4 52,547 878 614 5 53,425 892 625 6 54,317 907 635 7 55,224 922 646 8 56,146 938 656 9 57,084 953 667 10 58,037 969 678 11 59,006 985 690 12 59,992 1,002 701 13 60,994 1,019 713 14 62,012 1,036 725 15 63,048 1,053 737 16 64,101 1,070 749 17 65,171 1,088 762 18 66,259 1,107 775 19 67,366 1,125 788 20 68,491 1,144 801 TOTAL $19,635 $13,744