Compare Analysis of The Citizens Bank Company with 1.04% 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$50,00048 Month1.04%1.28x (National Avg. - 0.81%)$250,000Bank-SCENARIO
Year Rate
1.04%Annual
InterestAnnual Interest
(After Tax)1 50,000 520 364 2 50,520 525 368 3 51,045 531 372 4 51,576 536 375 5 52,113 542 379 6 52,655 548 383 7 53,202 553 387 8 53,756 559 391 9 54,315 565 395 10 54,879 571 400 11 55,450 577 404 12 56,027 583 408 13 56,610 589 412 14 57,198 595 416 15 57,793 601 421 16 58,394 607 425 17 59,002 614 430 18 59,615 620 434 19 60,235 626 439 20 60,862 633 443 TOTAL $11,495 $8,046