Your current location is: Ashburn, VA
| SAVINGS RATES | APY | MIN | |
|---|---|---|---|
|
SAV
|
5.10% | $0 | Compare |
| CD RATES | APY | MIN | |
|---|---|---|---|
|
6 Mo CD
|
5.20% | $0 | Compare |
|
12 Mo CD
|
5.40% | $0 | Compare |
|
24 Mo CD
|
4.75% | $0 | Compare |
|
36 Mo CD
|
4.50% | $0 | Compare |
Money that you deposit is held by BMO Bank National Association. BMO Bank National Association is an FDIC insured institution founded in 0000. It has approximately $263.34 billion in assets.
| FDIC Insured | Yes |
| Insured Parent Bank | BMO Bank National Association |
| FDIC Certificate | # 16571 |
| Date Established | 0000 |
| Assets | $263.34 billion |
| Loans | $154.27 billion |
| Deposits | $202.24 billion |
| Capital | $31.99 billion |
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.
Tax Rate: 30%
All calculations are for demonstration purposes only.
| Year | Rate 5.20% |
Annual Interest |
Annual Interest (After Tax) |
| 1 | 50,000 | 2,600 | 1,820 |
| 2 | 52,600 | 2,735 | 1,915 |
| 3 | 55,335 | 2,877 | 2,014 |
| 4 | 58,213 | 3,027 | 2,119 |
| 5 | 61,240 | 3,184 | 2,229 |
| 6 | 64,424 | 3,350 | 2,345 |
| 7 | 67,774 | 3,524 | 2,467 |
| 8 | 71,298 | 3,708 | 2,595 |
| 9 | 75,006 | 3,900 | 2,730 |
| 10 | 78,906 | 4,103 | 2,872 |
| 11 | 83,009 | 4,316 | 3,022 |
| 12 | 87,326 | 4,541 | 3,179 |
| 13 | 91,867 | 4,777 | 3,344 |
| 14 | 96,644 | 5,025 | 3,518 |
| 15 | 101,669 | 5,287 | 3,701 |
| 16 | 106,956 | 5,562 | 3,893 |
| 17 | 112,518 | 5,851 | 4,096 |
| 18 | 118,369 | 6,155 | 4,309 |
| 19 | 124,524 | 6,475 | 4,533 |
| 20 | 130,999 | 6,812 | 4,768 |
| TOTAL | $87,811 | $61,468 |
| Year | Rate 4.00% |
Annual Interest |
Annual Interest (After Tax) |
| 1 | 50,000 | 2,000 | 1,400 |
| 2 | 52,000 | 2,080 | 1,456 |
| 3 | 54,080 | 2,163 | 1,514 |
| 4 | 56,243 | 2,250 | 1,575 |
| 5 | 58,493 | 2,340 | 1,638 |
| 6 | 60,833 | 2,433 | 1,703 |
| 7 | 63,266 | 2,531 | 1,771 |
| 8 | 65,797 | 2,632 | 1,842 |
| 9 | 68,428 | 2,737 | 1,916 |
| 10 | 71,166 | 2,847 | 1,993 |
| 11 | 74,012 | 2,960 | 2,072 |
| 12 | 76,973 | 3,079 | 2,155 |
| 13 | 80,052 | 3,202 | 2,241 |
| 14 | 83,254 | 3,330 | 2,331 |
| 15 | 86,584 | 3,463 | 2,424 |
| 16 | 90,047 | 3,602 | 2,521 |
| 17 | 93,649 | 3,746 | 2,622 |
| 18 | 97,395 | 3,896 | 2,727 |
| 19 | 101,291 | 4,052 | 2,836 |
| 20 | 105,342 | 4,214 | 2,950 |
| TOTAL | $59,556 | $41,689 |
| Year | Rate 4.30% |
Annual Interest |
Annual Interest (After Tax) |
| 1 | 50,000 | 2,150 | 1,505 |
| 2 | 52,150 | 2,242 | 1,570 |
| 3 | 54,392 | 2,339 | 1,637 |
| 4 | 56,731 | 2,439 | 1,708 |
| 5 | 59,171 | 2,544 | 1,781 |
| 6 | 61,715 | 2,654 | 1,858 |
| 7 | 64,369 | 2,768 | 1,938 |
| 8 | 67,137 | 2,887 | 2,021 |
| 9 | 70,024 | 3,011 | 2,108 |
| 10 | 73,035 | 3,140 | 2,198 |
| 11 | 76,175 | 3,276 | 2,293 |
| 12 | 79,451 | 3,416 | 2,391 |
| 13 | 82,867 | 3,563 | 2,494 |
| 14 | 86,430 | 3,717 | 2,602 |
| 15 | 90,147 | 3,876 | 2,713 |
| 16 | 94,023 | 4,043 | 2,830 |
| 17 | 98,066 | 4,217 | 2,952 |
| 18 | 102,283 | 4,398 | 3,079 |
| 19 | 106,681 | 4,587 | 3,211 |
| 20 | 111,268 | 4,785 | 3,349 |
| TOTAL | $66,053 | $46,237 |
| Year | Rate 5.00% |
Annual Interest |
Annual Interest (After Tax) |
| 1 | 50,000 | 2,500 | 1,750 |
| 2 | 52,500 | 2,625 | 1,838 |
| 3 | 55,125 | 2,756 | 1,929 |
| 4 | 57,881 | 2,894 | 2,026 |
| 5 | 60,775 | 3,039 | 2,127 |
| 6 | 63,814 | 3,191 | 2,233 |
| 7 | 67,005 | 3,350 | 2,345 |
| 8 | 70,355 | 3,518 | 2,462 |
| 9 | 73,873 | 3,694 | 2,586 |
| 10 | 77,566 | 3,878 | 2,715 |
| 11 | 81,445 | 4,072 | 2,851 |
| 12 | 85,517 | 4,276 | 2,993 |
| 13 | 89,793 | 4,490 | 3,143 |
| 14 | 94,282 | 4,714 | 3,300 |
| 15 | 98,997 | 4,950 | 3,465 |
| 16 | 103,946 | 5,197 | 3,638 |
| 17 | 109,144 | 5,457 | 3,820 |
| 18 | 114,601 | 5,730 | 4,011 |
| 19 | 120,331 | 6,017 | 4,212 |
| 20 | 126,348 | 6,317 | 4,422 |
| TOTAL | $82,665 | $57,865 |
| Year | Rate 4.75% |
Annual Interest |
Annual Interest (After Tax) |
| 1 | 50,000 | 2,375 | 1,663 |
| 2 | 52,375 | 2,488 | 1,741 |
| 3 | 54,863 | 2,606 | 1,824 |
| 4 | 57,469 | 2,730 | 1,911 |
| 5 | 60,199 | 2,859 | 2,002 |
| 6 | 63,058 | 2,995 | 2,097 |
| 7 | 66,053 | 3,138 | 2,196 |
| 8 | 69,191 | 3,287 | 2,301 |
| 9 | 72,477 | 3,443 | 2,410 |
| 10 | 75,920 | 3,606 | 2,524 |
| 11 | 79,526 | 3,777 | 2,644 |
| 12 | 83,304 | 3,957 | 2,770 |
| 13 | 87,261 | 4,145 | 2,901 |
| 14 | 91,406 | 4,342 | 3,039 |
| 15 | 95,747 | 4,548 | 3,184 |
| 16 | 100,295 | 4,764 | 3,335 |
| 17 | 105,059 | 4,990 | 3,493 |
| 18 | 110,050 | 5,227 | 3,659 |
| 19 | 115,277 | 5,476 | 3,833 |
| 20 | 120,753 | 5,736 | 4,015 |
| TOTAL | $76,488 | $53,542 |
| Year | Rate 5.65% |
Annual Interest |
Annual Interest (After Tax) |
| 1 | 50,000 | 2,825 | 1,978 |
| 2 | 52,825 | 2,985 | 2,089 |
| 3 | 55,810 | 3,153 | 2,207 |
| 4 | 58,963 | 3,331 | 2,332 |
| 5 | 62,294 | 3,520 | 2,464 |
| 6 | 65,814 | 3,718 | 2,603 |
| 7 | 69,532 | 3,929 | 2,750 |
| 8 | 73,461 | 4,151 | 2,905 |
| 9 | 77,611 | 4,385 | 3,070 |
| 10 | 81,997 | 4,633 | 3,243 |
| 11 | 86,629 | 4,895 | 3,426 |
| 12 | 91,524 | 5,171 | 3,620 |
| 13 | 96,695 | 5,463 | 3,824 |
| 14 | 102,158 | 5,772 | 4,040 |
| 15 | 107,930 | 6,098 | 4,269 |
| 16 | 114,028 | 6,443 | 4,510 |
| 17 | 120,471 | 6,807 | 4,765 |
| 18 | 127,277 | 7,191 | 5,034 |
| 19 | 134,469 | 7,597 | 5,318 |
| 20 | 142,066 | 8,027 | 5,619 |
| TOTAL | $100,093 | $70,065 |
Jen Y
April 1, 2023 |
Terrible! Their bill pay does not always pay on time. I set payments for a certain date and they did not arrive on the “guaranteed” arrival date. We ended up with late fees for our credit card not once but twice! Their resolution department promised to cover the fees, but never did. They instead made excuses as to why the bill was not paid in time. I’ve pulled my money from this account and will tell everyone I know about my experience.
Review on the Parent BankChicagoFinancials
January 20, 2023 |
Terrible, their website does not work, they advertise rates that they will not actually give you. Keep in mind I have banked here my entire life. Never wanted to go to a larger bank, but maybe they won't have me feeling like I am being scammed.
Review on the Parent Bank