$titleTerm = "Special " Compare Analysis of Solidarity Community with 1.67% APY.


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.

  • 1
    LOCAL CD
    $50,000
    37 Month
    1.67%
    N.A.
    $500
    Credit Union
    -
     
    SCENARIO
    Year Rate
    1.67%
    Annual
    Interest
    Annual 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