Compare Analysis of Webster Five Cents Savings Bank with 3.61% 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$50,00011 Month3.61%N.A.$10Bank-SCENARIO
Year Rate
3.61%Annual
InterestAnnual Interest
(After Tax)1 50,000 1,805 1,264 2 51,805 1,870 1,309 3 53,675 1,938 1,356 4 55,613 2,008 1,405 5 57,620 2,080 1,456 6 59,701 2,155 1,509 7 61,856 2,233 1,563 8 64,089 2,314 1,620 9 66,402 2,397 1,678 10 68,799 2,484 1,739 11 71,283 2,573 1,801 12 73,856 2,666 1,866 13 76,523 2,762 1,934 14 79,285 2,862 2,004 15 82,147 2,966 2,076 16 85,113 3,073 2,151 17 88,185 3,183 2,228 18 91,369 3,298 2,309 19 94,667 3,417 2,392 20 98,085 3,541 2,479 TOTAL $51,626 $36,138