Compare Analysis of Webster Five Cents Savings Bank with 1.79% 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.
- 1LOCAL CD$50,00036 Month1.79%2.39x (National Avg. - 0.75%)$10Bank-SCENARIO
Year Rate
1.79%Annual
InterestAnnual Interest
(After Tax)1 50,000 895 627 2 50,895 911 638 3 51,806 927 649 4 52,733 944 661 5 53,677 961 673 6 54,638 978 685 7 55,616 996 697 8 56,612 1,013 709 9 57,625 1,031 722 10 58,656 1,050 735 11 59,706 1,069 748 12 60,775 1,088 762 13 61,863 1,107 775 14 62,970 1,127 789 15 64,098 1,147 803 16 65,245 1,168 818 17 66,413 1,189 832 18 67,602 1,210 847 19 68,812 1,232 862 20 70,043 1,254 878 TOTAL $21,297 $14,908