Compare Analysis of Transportation Alliance Bank, Inc. d/b/a TAB Bank with 4.25% 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.
- 1ONLINE CD$50,00012 Month4.25%7.71x (National Avg. - 0.55%)$1,000Bank-SCENARIO
Year Rate
4.25%Annual
InterestAnnual Interest
(After Tax)1 50,000 2,125 1,488 2 52,125 2,215 1,551 3 54,340 2,309 1,617 4 56,650 2,408 1,685 5 59,057 2,510 1,757 6 61,567 2,617 1,832 7 64,184 2,728 1,909 8 66,912 2,844 1,991 9 69,756 2,965 2,075 10 72,720 3,091 2,163 11 75,811 3,222 2,255 12 79,033 3,359 2,351 13 82,392 3,502 2,451 14 85,893 3,650 2,555 15 89,544 3,806 2,664 16 93,349 3,967 2,777 17 97,317 4,136 2,895 18 101,453 4,312 3,018 19 105,764 4,495 3,146 20 110,259 4,686 3,280 TOTAL $64,945 $45,462