Compare Analysis of High Plains Bank with 0.01% 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
    High Plains Bank
    $50,000
    18 Month
    0.01%
    0.01x (National Avg. - 0.58%)
    $100,000
    Bank
    -
     
    SCENARIO
    Year Rate
    0.01%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 3 2
    2 50,003 3 2
    3 50,006 3 2
    4 50,009 3 2
    5 50,012 3 2
    6 50,015 3 2
    7 50,018 3 2
    8 50,021 3 2
    9 50,024 3 2
    10 50,027 3 2
    11 50,030 3 2
    12 50,033 3 2
    13 50,036 3 2
    14 50,039 3 2
    15 50,042 3 2
    16 50,045 3 2
    17 50,048 3 2
    18 50,051 3 2
    19 50,054 3 2
    20 50,057 3 2
    TOTAL $60 $42