Compare Analysis of Wellspring with 0.72% 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$50,00024 Month0.72%1.10x (National Avg. - 0.66%)$10,000Credit Union-SCENARIO
Year Rate
0.72%Annual
InterestAnnual Interest
(After Tax)1 50,000 361 253 2 50,361 364 255 3 50,725 366 256 4 51,091 369 258 5 51,460 372 260 6 51,831 374 262 7 52,205 377 264 8 52,582 380 266 9 52,962 382 268 10 53,344 385 270 11 53,730 388 272 12 54,118 391 274 13 54,508 394 275 14 54,902 396 277 15 55,298 399 279 16 55,697 402 281 17 56,100 405 284 18 56,505 408 286 19 56,913 411 288 20 57,323 414 290 TOTAL $7,737 $5,416