Compare Analysis of Southwestern National Bank with 0.58% 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 Month0.58%1.00x (National Avg. - 0.58%)$10,000Bank-SCENARIO
Year Rate
0.58%Annual
InterestAnnual Interest
(After Tax)1 50,000 288 201 2 50,288 289 202 3 50,577 291 204 4 50,867 292 205 5 51,160 294 206 6 51,454 296 207 7 51,750 298 208 8 52,048 299 209 9 52,347 301 211 10 52,648 303 212 11 52,951 304 213 12 53,255 306 214 13 53,561 308 216 14 53,869 310 217 15 54,179 312 218 16 54,490 313 219 17 54,804 315 221 18 55,119 317 222 19 55,436 319 223 20 55,755 321 224 TOTAL $6,075 $4,253