Compare Analysis of Slovenian Savings and Loan Association of Franklin-Conemaugh with 0.88% APY and Forbright Bank with 5.15% 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
    Slovenian Savings and Loan Association of Franklin-Conemaugh
    $50,000
    60 Month
    0.88%
    0.96x (National Avg. - 0.91%)
    $10,000
    Bank
    -
     
    SCENARIO
    Year Rate
    0.88%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 439 307
    2 50,439 442 310
    3 50,881 446 312
    4 51,327 450 315
    5 51,777 454 318
    6 52,231 458 321
    7 52,689 462 323
    8 53,151 466 326
    9 53,618 470 329
    10 54,088 474 332
    11 54,562 479 335
    12 55,041 483 338
    13 55,523 487 341
    14 56,010 491 344
    15 56,502 496 347
    16 56,997 500 350
    17 57,497 504 353
    18 58,001 509 356
    19 58,510 513 359
    20 59,023 518 362
    TOTAL $9,541 $6,678
  • 2
    LOCAL SAVINGS
    Forbright Bank , ★ TOP PICK ★
    $50,000
    N.A.
    5.15%
    23.95x (National Avg. - 0.22%)
    $0
    Bank
    -
    SCENARIO
    Year Rate
    5.15%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 2,575 1,803
    2 52,575 2,708 1,895
    3 55,283 2,847 1,993
    4 58,130 2,994 2,096
    5 61,123 3,148 2,203
    6 64,271 3,310 2,317
    7 67,581 3,480 2,436
    8 71,062 3,660 2,562
    9 74,721 3,848 2,694
    10 78,569 4,046 2,832
    11 82,616 4,255 2,978
    12 86,870 4,474 3,132
    13 91,344 4,704 3,293
    14 96,049 4,946 3,463
    15 100,995 5,201 3,641
    16 106,196 5,469 3,828
    17 111,665 5,751 4,026
    18 117,416 6,047 4,233
    19 123,463 6,358 4,451
    20 129,821 6,686 4,680
    TOTAL $86,507 $60,555