Compare Analysis of The Farmers & Merchants State Bank with 0.51% 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 Month0.51%0.68x (National Avg. - 0.75%)$100,000Bank-SCENARIO
Year Rate
0.51%Annual
InterestAnnual Interest
(After Tax)1 50,000 255 179 2 50,255 256 179 3 50,511 258 180 4 50,769 259 181 5 51,028 260 182 6 51,288 262 183 7 51,550 263 184 8 51,813 264 185 9 52,077 266 186 10 52,342 267 187 11 52,609 268 188 12 52,878 270 189 13 53,147 271 190 14 53,418 272 191 15 53,691 274 192 16 53,965 275 193 17 54,240 277 194 18 54,516 278 195 19 54,794 279 196 20 55,074 281 197 TOTAL $5,355 $3,748