Compare Analysis of Tower Community Bank with 0.63% 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
    Tower Community Bank
    $50,000
    30 Month
    0.63%
    N.A.
    $100,000
    Bank
    -
     
    SCENARIO
    Year Rate
    0.63%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 314 219
    2 50,314 315 221
    3 50,629 317 222
    4 50,946 319 224
    5 51,266 321 225
    6 51,587 323 226
    7 51,911 325 228
    8 52,236 328 229
    9 52,564 330 231
    10 52,893 332 232
    11 53,225 334 234
    12 53,559 336 235
    13 53,894 338 237
    14 54,232 340 238
    15 54,572 342 240
    16 54,915 344 241
    17 55,259 346 243
    18 55,605 349 244
    19 55,954 351 246
    20 56,305 353 247
    TOTAL $6,658 $4,661