Compare Analysis of Guadalupe Parish with 0.96% 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
    Guadalupe Parish
    $50,000
    12 Month
    0.96%
    1.75x (National Avg. - 0.55%)
    $100,000
    Credit Union
    -
     
    SCENARIO
    Year Rate
    0.96%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 478 334
    2 50,478 482 337
    3 50,960 487 341
    4 51,446 491 344
    5 51,938 496 347
    6 52,434 501 351
    7 52,934 506 354
    8 53,440 510 357
    9 53,950 515 361
    10 54,465 520 364
    11 54,986 525 368
    12 55,511 530 371
    13 56,041 535 375
    14 56,576 540 378
    15 57,116 545 382
    16 57,662 551 385
    17 58,212 556 389
    18 58,768 561 393
    19 59,330 567 397
    20 59,896 572 400
    TOTAL $10,468 $7,328
  • 2
    ONLINE SAVINGS
    First Foundation Bank , ★ TOP PICK ★
    $50,000
    N.A.
    4.00%
    17.70x (National Avg. - 0.23%)
    $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