$titleTerm = "Special " Compare Analysis of Norristown Bell with 0.69% APY and First Foundation Bank with 3.75% APY.


Compare Analysis of Norristown Bell with 0.69% APY and First Foundation Bank with 3.75% 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
    Norristown Bell
    $50,000
    30 Month
    0.69%
    N.A.
    $500
    Credit Union
    -
     
    SCENARIO
    Year Rate
    0.69%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 346 242
    2 50,346 348 244
    3 50,694 351 246
    4 51,045 353 247
    5 51,398 356 249
    6 51,754 358 251
    7 52,112 361 252
    8 52,473 363 254
    9 52,836 366 256
    10 53,202 368 258
    11 53,570 371 259
    12 53,940 373 261
    13 54,314 376 263
    14 54,690 378 265
    15 55,068 381 267
    16 55,449 384 269
    17 55,833 386 270
    18 56,219 389 272
    19 56,608 392 274
    20 57,000 394 276
    TOTAL $7,394 $5,176
  • 2
    ONLINE SAVINGS
    First Foundation Bank , ★ TOP PICK ★
    $50,000
    N.A.
    3.75%
    7.93x (National Avg. - 0.47%)
    $1,000
    Bank
    -
    SCENARIO
    Year Rate
    3.75%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 1,875 1,313
    2 51,875 1,945 1,362
    3 53,820 2,018 1,413
    4 55,839 2,094 1,466
    5 57,933 2,172 1,521
    6 60,105 2,254 1,578
    7 62,359 2,338 1,637
    8 64,697 2,426 1,698
    9 67,124 2,517 1,762
    10 69,641 2,612 1,828
    11 72,252 2,709 1,897
    12 74,962 2,811 1,968
    13 77,773 2,916 2,042
    14 80,689 3,026 2,118
    15 83,715 3,139 2,198
    16 86,854 3,257 2,280
    17 90,111 3,379 2,365
    18 93,491 3,506 2,454
    19 96,996 3,637 2,546
    20 100,634 3,774 2,642
    TOTAL $54,408 $38,085