Compare Analysis of Eecu with 3.73% APY and First Foundation Bank with 4.00% 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
    Eecu
    $50,000
    9 Month
    3.73%
    N.A.
    $2,500
    Credit Union
    -
     
    SCENARIO
    Year Rate
    3.73%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 1,865 1,306
    2 51,865 1,935 1,354
    3 53,800 2,007 1,405
    4 55,806 2,082 1,457
    5 57,888 2,159 1,511
    6 60,047 2,240 1,568
    7 62,287 2,323 1,626
    8 64,610 2,410 1,687
    9 67,020 2,500 1,750
    10 69,520 2,593 1,815
    11 72,113 2,690 1,883
    12 74,803 2,790 1,953
    13 77,593 2,894 2,026
    14 80,487 3,002 2,102
    15 83,489 3,114 2,180
    16 86,604 3,230 2,261
    17 89,834 3,351 2,346
    18 93,185 3,476 2,433
    19 96,660 3,605 2,524
    20 100,266 3,740 2,618
    TOTAL $54,006 $37,804
  • 2
    ONLINE SAVINGS
    First Foundation Bank , ★ TOP PICK ★
    $50,000
    N.A.
    4.00%
    7.13x (National Avg. - 0.56%)
    $1,000
    Bank
    -
    SCENARIO
    Year Rate
    4.00%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 2,000 1,400
    2 52,000 2,080 1,456
    3 54,080 2,163 1,514
    4 56,243 2,250 1,575
    5 58,493 2,340 1,638
    6 60,833 2,433 1,703
    7 63,266 2,531 1,771
    8 65,797 2,632 1,842
    9 68,428 2,737 1,916
    10 71,166 2,847 1,993
    11 74,012 2,960 2,072
    12 76,973 3,079 2,155
    13 80,052 3,202 2,241
    14 83,254 3,330 2,331
    15 86,584 3,463 2,424
    16 90,047 3,602 2,521
    17 93,649 3,746 2,622
    18 97,395 3,896 2,727
    19 101,291 4,052 2,836
    20 105,342 4,214 2,950
    TOTAL $59,556 $41,689