Compare Analysis of Wells River Savings Bank with 1.52% 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$50,00060 Month1.52%1.66x (National Avg. - 0.92%)$100,000Bank-SCENARIO
Year Rate
1.52%Annual
InterestAnnual Interest
(After Tax)1 50,000 760 532 2 50,760 772 540 3 51,532 783 548 4 52,315 795 557 5 53,110 807 565 6 53,917 820 574 7 54,737 832 582 8 55,569 845 591 9 56,413 857 600 10 57,271 871 609 11 58,141 884 619 12 59,025 897 628 13 59,922 911 638 14 60,833 925 647 15 61,758 939 657 16 62,697 953 667 17 63,650 967 677 18 64,617 982 688 19 65,599 997 698 20 66,596 1,012 709 TOTAL $17,609 $12,326