Compare Analysis of NSB Bank with 0.49% 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
    $50,000
    6 Month
    0.49%
    0.72x (National Avg. - 0.69%)
    $10,000
    Bank
    -
     
    SCENARIO
    Year Rate
    0.49%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 246 172
    2 50,246 247 173
    3 50,492 248 174
    4 50,740 249 174
    5 50,989 250 175
    6 51,240 252 176
    7 51,491 253 177
    8 51,744 254 178
    9 51,998 255 179
    10 52,253 257 180
    11 52,510 258 180
    12 52,768 259 181
    13 53,027 260 182
    14 53,287 262 183
    15 53,549 263 184
    16 53,812 264 185
    17 54,076 266 186
    18 54,342 267 187
    19 54,608 268 188
    20 54,876 269 189
    TOTAL $5,146 $3,602