$titleTerm = "Special " Compare Analysis of Elizabethton Federal Savings Bank with 5.13% APY and First Foundation Bank with 4.00% APY.


Compare Analysis of Elizabethton Federal Savings Bank with 5.13% 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
    Elizabethton Federal Savings Bank
    $50,000
    6 Month
    5.13%
    12.67x (National Avg. - 0.41%)
    $250
    Bank
    -
     
    SCENARIO
    Year Rate
    5.13%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 2,565 1,796
    2 52,565 2,697 1,888
    3 55,262 2,835 1,984
    4 58,097 2,980 2,086
    5 61,077 3,133 2,193
    6 64,210 3,294 2,306
    7 67,504 3,463 2,424
    8 70,967 3,641 2,548
    9 74,608 3,827 2,679
    10 78,435 4,024 2,817
    11 82,459 4,230 2,961
    12 86,689 4,447 3,113
    13 91,136 4,675 3,273
    14 95,811 4,915 3,441
    15 100,726 5,167 3,617
    16 105,894 5,432 3,803
    17 111,326 5,711 3,998
    18 117,037 6,004 4,203
    19 123,041 6,312 4,418
    20 129,353 6,636 4,645
    TOTAL $85,989 $60,192
  • 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