Compare Analysis of Southwestern National Bank with 0.88% 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
    Southwestern National Bank
    $50,000
    60 Month
    0.88%
    0.96x (National Avg. - 0.92%)
    $10,000
    Bank
    -
     
    SCENARIO
    Year Rate
    0.88%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 438 306
    2 50,438 441 309
    3 50,879 445 312
    4 51,324 449 314
    5 51,773 453 317
    6 52,226 457 320
    7 52,683 461 323
    8 53,144 465 326
    9 53,609 469 328
    10 54,078 473 331
    11 54,551 477 334
    12 55,029 482 337
    13 55,510 486 340
    14 55,996 490 343
    15 56,486 494 346
    16 56,980 499 349
    17 57,479 503 352
    18 57,982 507 355
    19 58,489 512 358
    20 59,001 516 361
    TOTAL $9,517 $6,662