Compare Analysis of Vio Bank, A Division of MidFirst Bank with 3.95% 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 Month3.95%6.86x (National Avg. - 0.58%)$500Online Bank-SCENARIO
Year Rate
3.95%Annual
InterestAnnual Interest
(After Tax)1 50,000 1,975 1,383 2 51,975 2,053 1,437 3 54,028 2,134 1,494 4 56,162 2,218 1,553 5 58,381 2,306 1,614 6 60,687 2,397 1,678 7 63,084 2,492 1,744 8 65,575 2,590 1,813 9 68,166 2,693 1,885 10 70,858 2,799 1,959 11 73,657 2,909 2,037 12 76,567 3,024 2,117 13 79,591 3,144 2,201 14 82,735 3,268 2,288 15 86,003 3,397 2,378 16 89,400 3,531 2,472 17 92,931 3,671 2,570 18 96,602 3,816 2,671 19 100,418 3,967 2,777 20 104,384 4,123 2,886 TOTAL $58,508 $40,955