Compare Analysis of TotalDirect, a division of City National Bank of Florida with 5.66% 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.
- 1ONLINE CD$50,0003 Month5.66%2.78x (National Avg. - 2.04%)$25,000Online Bank-SCENARIO
Year Rate
5.66%Annual
InterestAnnual Interest
(After Tax)1 50,000 2,830 1,981 2 52,830 2,990 2,093 3 55,820 3,159 2,212 4 58,980 3,338 2,337 5 62,318 3,527 2,469 6 65,845 3,727 2,609 7 69,572 3,938 2,756 8 73,510 4,161 2,912 9 77,670 4,396 3,077 10 82,066 4,645 3,251 11 86,711 4,908 3,436 12 91,619 5,186 3,630 13 96,805 5,479 3,835 14 102,284 5,789 4,052 15 108,073 6,117 4,282 16 114,190 6,463 4,524 17 120,653 6,829 4,780 18 127,482 7,216 5,051 19 134,698 7,624 5,337 20 142,322 8,055 5,639 TOTAL $100,377 $70,264