$titleTerm = "Special " Compare Analysis of The Federal Savings Bank with 5.55% APY and First Foundation Bank with 3.75% APY.


Compare Analysis of The Federal Savings Bank with 5.55% 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 CD
    The Federal Savings Bank
    $50,000
    18 Month
    5.55%
    9.60x (National Avg. - 0.58%)
    $5,000
    Bank
    -
     
    SCENARIO
    Year Rate
    5.55%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 2,775 1,943
    2 52,775 2,929 2,050
    3 55,704 3,092 2,164
    4 58,796 3,263 2,284
    5 62,059 3,444 2,411
    6 65,503 3,635 2,545
    7 69,138 3,837 2,686
    8 72,976 4,050 2,835
    9 77,026 4,275 2,992
    10 81,301 4,512 3,159
    11 85,813 4,763 3,334
    12 90,575 5,027 3,519
    13 95,602 5,306 3,714
    14 100,908 5,600 3,920
    15 106,509 5,911 4,138
    16 112,420 6,239 4,368
    17 118,659 6,586 4,610
    18 125,245 6,951 4,866
    19 132,196 7,337 5,136
    20 139,533 7,744 5,421
    TOTAL $97,277 $68,094
  • 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