Compare Analysis of Bank of Commerce with 0.01% 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 SAVINGS
    Bank of Commerce
    $50,000
    N.A.
    0.01%
    0.02x (National Avg. - 0.22%)
    $2,500
    Bank
    -
     
    SCENARIO
    Year Rate
    0.01%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 3 2
    2 50,003 3 2
    3 50,005 3 2
    4 50,008 3 2
    5 50,010 3 2
    6 50,013 3 2
    7 50,015 3 2
    8 50,018 3 2
    9 50,020 3 2
    10 50,023 3 2
    11 50,025 3 2
    12 50,028 3 2
    13 50,030 3 2
    14 50,033 3 2
    15 50,035 3 2
    16 50,038 3 2
    17 50,040 3 2
    18 50,043 3 2
    19 50,045 3 2
    20 50,048 3 2
    TOTAL $50 $35