Compare Analysis of The Federal Savings Bank with 5.55% 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 Month5.55%9.57x (National Avg. - 0.58%)$5,000Bank-SCENARIO
Year Rate
5.55%Annual
InterestAnnual Interest
(After Tax)1 50,000 2,775 1,943 2 52,775 2,929 2,050 3 55,704 3,092 2,164 4 58,796 3,263 2,284 5 62,059 3,444 2,411 6 65,503 3,635 2,545 7 69,138 3,837 2,686 8 72,976 4,050 2,835 9 77,026 4,275 2,992 10 81,301 4,512 3,159 11 85,813 4,763 3,334 12 90,575 5,027 3,519 13 95,602 5,306 3,714 14 100,908 5,600 3,920 15 106,509 5,911 4,138 16 112,420 6,239 4,368 17 118,659 6,586 4,610 18 125,245 6,951 4,866 19 132,196 7,337 5,136 20 139,533 7,744 5,421 TOTAL $97,277 $68,094