Compare Analysis of SouthEast Bank with 1.22% 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 Month1.22%1.33x (National Avg. - 0.92%)$1,000Bank-SCENARIO
Year Rate
1.22%Annual
InterestAnnual Interest
(After Tax)1 50,000 610 427 2 50,610 617 432 3 51,227 625 437 4 51,852 633 443 5 52,485 640 448 6 53,125 648 454 7 53,773 656 459 8 54,429 664 465 9 55,094 672 470 10 55,766 680 476 11 56,446 689 482 12 57,135 697 488 13 57,832 706 494 14 58,537 714 500 15 59,251 723 506 16 59,974 732 512 17 60,706 741 518 18 61,447 750 525 19 62,196 759 531 20 62,955 768 538 TOTAL $13,723 $9,606