Compare Analysis of Transportation Alliance Bank, Inc. d/b/a TAB Bank with 4.16% 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$50,00018 Month4.16%7.21x (National Avg. - 0.58%)$1,000Bank-SCENARIO
Year Rate
4.16%Annual
InterestAnnual Interest
(After Tax)1 50,000 2,080 1,456 2 52,080 2,167 1,517 3 54,247 2,257 1,580 4 56,503 2,351 1,645 5 58,854 2,448 1,714 6 61,302 2,550 1,785 7 63,852 2,656 1,859 8 66,508 2,767 1,937 9 69,275 2,882 2,017 10 72,157 3,002 2,101 11 75,159 3,127 2,189 12 78,285 3,257 2,280 13 81,542 3,392 2,375 14 84,934 3,533 2,473 15 88,467 3,680 2,576 16 92,148 3,833 2,683 17 95,981 3,993 2,795 18 99,974 4,159 2,911 19 104,133 4,332 3,032 20 108,465 4,512 3,158 TOTAL $62,977 $44,084