Compare Analysis of Solutions with 0.75% 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$50,00018 Month0.75%1.31x (National Avg. - 0.58%)$100,000Credit Union-SCENARIO
Year Rate
0.75%Annual
InterestAnnual Interest
(After Tax)1 50,000 376 263 2 50,376 379 265 3 50,755 382 267 4 51,137 385 269 5 51,521 387 271 6 51,908 390 273 7 52,299 393 275 8 52,692 396 277 9 53,088 399 279 10 53,488 402 282 11 53,890 405 284 12 54,295 408 286 13 54,703 411 288 14 55,115 414 290 15 55,529 418 292 16 55,947 421 295 17 56,368 424 297 18 56,791 427 299 19 57,218 430 301 20 57,649 434 303 TOTAL $8,082 $5,658