$titleTerm = "Special " Compare Analysis of First Federal Community Bank, National Association with 3.87% APY and First Foundation Bank with 4.00% APY.


Compare Analysis of First Federal Community Bank, National Association with 3.87% 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
    First Federal Community Bank, National Association
    $50,000
    13 Month
    3.87%
    N.A.
    $500
    Bank
    -
     
    SCENARIO
    Year Rate
    3.87%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 1,935 1,355
    2 51,935 2,010 1,407
    3 53,945 2,088 1,461
    4 56,033 2,168 1,518
    5 58,201 2,252 1,577
    6 60,453 2,340 1,638
    7 62,793 2,430 1,701
    8 65,223 2,524 1,767
    9 67,747 2,622 1,835
    10 70,369 2,723 1,906
    11 73,092 2,829 1,980
    12 75,921 2,938 2,057
    13 78,859 3,052 2,136
    14 81,911 3,170 2,219
    15 85,081 3,293 2,305
    16 88,373 3,420 2,394
    17 91,794 3,552 2,487
    18 95,346 3,690 2,583
    19 99,036 3,833 2,683
    20 102,869 3,981 2,787
    TOTAL $56,850 $39,795
  • 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