Compare Analysis of Republic Bank of Chicago with 5.21% 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 MONEY MARKET
    Republic Bank of Chicago
    $50,000
    N.A.
    5.21%
    22.46x (National Avg. - 0.23%)
    $2,500
    Bank
    -
     
    SCENARIO
    Year Rate
    5.21%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 2,605 1,824
    2 52,605 2,741 1,919
    3 55,346 2,884 2,018
    4 58,229 3,034 2,124
    5 61,263 3,192 2,234
    6 64,455 3,358 2,351
    7 67,813 3,533 2,473
    8 71,346 3,717 2,602
    9 75,063 3,911 2,738
    10 78,974 4,115 2,880
    11 83,088 4,329 3,030
    12 87,417 4,554 3,188
    13 91,972 4,792 3,354
    14 96,763 5,041 3,529
    15 101,805 5,304 3,713
    16 107,109 5,580 3,906
    17 112,689 5,871 4,110
    18 118,560 6,177 4,324
    19 124,737 6,499 4,549
    20 131,236 6,837 4,786
    TOTAL $88,074 $61,651