Compare Analysis of SSB Bank with 1.81% 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
    SSB Bank
    $50,000
    36 Month
    1.81%
    2.40x (National Avg. - 0.75%)
    $500
    Bank
    -
     
    SCENARIO
    Year Rate
    1.81%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 904 633
    2 50,904 920 644
    3 51,824 937 656
    4 52,761 954 668
    5 53,715 971 680
    6 54,686 989 692
    7 55,675 1,007 705
    8 56,682 1,025 717
    9 57,707 1,043 730
    10 58,750 1,062 744
    11 59,812 1,081 757
    12 60,894 1,101 771
    13 61,994 1,121 785
    14 63,115 1,141 799
    15 64,256 1,162 813
    16 65,418 1,183 828
    17 66,601 1,204 843
    18 67,805 1,226 858
    19 69,031 1,248 874
    20 70,279 1,271 889
    TOTAL $21,550 $15,085