Compare Analysis of Credit Union One Of Oklahoma with 2.53% APY and First Foundation Bank with 3.75% 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
    Credit Union One Of Oklahoma
    $50,000
    12 Month
    2.53%
    4.62x (National Avg. - 0.55%)
    $500
    Credit Union
    -
     
    SCENARIO
    Year Rate
    2.53%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 1,264 885
    2 51,264 1,296 907
    3 52,560 1,329 930
    4 53,889 1,362 954
    5 55,251 1,397 978
    6 56,648 1,432 1,002
    7 58,080 1,468 1,028
    8 59,548 1,505 1,054
    9 61,053 1,543 1,080
    10 62,597 1,582 1,108
    11 64,179 1,622 1,136
    12 65,802 1,663 1,164
    13 67,465 1,706 1,194
    14 69,171 1,749 1,224
    15 70,919 1,793 1,255
    16 72,712 1,838 1,287
    17 74,550 1,885 1,319
    18 76,435 1,932 1,353
    19 78,367 1,981 1,387
    20 80,348 2,031 1,422
    TOTAL $32,380 $22,666
  • 2
    ONLINE SAVINGS
    First Foundation Bank , ★ TOP PICK ★
    $50,000
    N.A.
    3.75%
    7.93x (National Avg. - 0.47%)
    $1,000
    Bank
    -
    SCENARIO
    Year Rate
    3.75%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 1,875 1,313
    2 51,875 1,945 1,362
    3 53,820 2,018 1,413
    4 55,839 2,094 1,466
    5 57,933 2,172 1,521
    6 60,105 2,254 1,578
    7 62,359 2,338 1,637
    8 64,697 2,426 1,698
    9 67,124 2,517 1,762
    10 69,641 2,612 1,828
    11 72,252 2,709 1,897
    12 74,962 2,811 1,968
    13 77,773 2,916 2,042
    14 80,689 3,026 2,118
    15 83,715 3,139 2,198
    16 86,854 3,257 2,280
    17 90,111 3,379 2,365
    18 93,491 3,506 2,454
    19 96,996 3,637 2,546
    20 100,634 3,774 2,642
    TOTAL $54,408 $38,085