Compare Analysis of Westex Community with 0.46% 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.

  • 1
    LOCAL CD
    Westex Community
    $50,000
    12 Month
    0.46%
    0.83x (National Avg. - 0.55%)
    $10,000
    Credit Union
    -
     
    SCENARIO
    Year Rate
    0.46%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 229 160
    2 50,229 230 161
    3 50,459 231 162
    4 50,690 232 163
    5 50,922 233 163
    6 51,156 234 164
    7 51,390 235 165
    8 51,625 236 166
    9 51,862 238 166
    10 52,099 239 167
    11 52,338 240 168
    12 52,577 241 169
    13 52,818 242 169
    14 53,060 243 170
    15 53,303 244 171
    16 53,547 245 172
    17 53,793 246 172
    18 54,039 247 173
    19 54,286 249 174
    20 54,535 250 175
    TOTAL $4,785 $3,349