Compare Analysis of Woodruff Federal Savings and Loan Association with 3.33% 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
    $50,000
    6 Month
    3.33%
    8.20x (National Avg. - 0.41%)
    $1,000
    Bank
    -
     
    SCENARIO
    Year Rate
    3.33%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 1,665 1,166
    2 51,665 1,720 1,204
    3 53,385 1,778 1,244
    4 55,163 1,837 1,286
    5 57,000 1,898 1,329
    6 58,898 1,961 1,373
    7 60,860 2,027 1,419
    8 62,886 2,094 1,466
    9 64,980 2,164 1,515
    10 67,144 2,236 1,565
    11 69,380 2,310 1,617
    12 71,690 2,387 1,671
    13 74,078 2,467 1,727
    14 76,544 2,549 1,784
    15 79,093 2,634 1,844
    16 81,727 2,722 1,905
    17 84,449 2,812 1,968
    18 87,261 2,906 2,034
    19 90,167 3,003 2,102
    20 93,169 3,103 2,172
    TOTAL $46,272 $32,390