Compare Analysis of The Farmers & Merchants State Bank with 0.41% 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$50,00036 Month0.41%0.55x (National Avg. - 0.75%)$10,000Bank-SCENARIO
Year Rate
0.41%Annual
InterestAnnual Interest
(After Tax)1 50,000 205 144 2 50,205 206 144 3 50,411 207 145 4 50,618 208 145 5 50,825 208 146 6 51,033 209 146 7 51,243 210 147 8 51,453 211 148 9 51,664 212 148 10 51,876 213 149 11 52,088 214 149 12 52,302 214 150 13 52,516 215 151 14 52,732 216 151 15 52,948 217 152 16 53,165 218 153 17 53,383 219 153 18 53,602 220 154 19 53,821 221 154 20 54,042 222 155 TOTAL $4,264 $2,985