Compare Analysis of St. Anne's with 6.25% 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 SAVINGS
    St. Anne's
    $50,000
    N.A.
    6.25%
    13.21x (National Avg. - 0.47%)
    $5
    Credit Union
    -
     
    SCENARIO
    Year Rate
    6.25%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 3,125 2,188
    2 53,125 3,320 2,324
    3 56,445 3,528 2,469
    4 59,973 3,748 2,624
    5 63,721 3,983 2,788
    6 67,704 4,232 2,962
    7 71,936 4,496 3,147
    8 76,432 4,777 3,344
    9 81,209 5,076 3,553
    10 86,284 5,393 3,775
    11 91,677 5,730 4,011
    12 97,407 6,088 4,262
    13 103,494 6,468 4,528
    14 109,963 6,873 4,811
    15 116,836 7,302 5,112
    16 124,138 7,759 5,431
    17 131,896 8,244 5,770
    18 140,140 8,759 6,131
    19 148,899 9,306 6,514
    20 158,205 9,888 6,921
    TOTAL $118,093 $82,665
  • 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