Your current location is: Ashburn, VA
| CD RATES | APY | MIN | |
|---|---|---|---|
|
9 Mo CD
|
5.10% | $1,000 | Compare |
|
15 Mo CD
|
4.85% | $1,000 | Compare |
| MONEY MARKET RATES | APY | MIN | |
|---|---|---|---|
|
Money Market
|
5.25% | $2,000 | Compare |
Money that you deposit is held by Equity Bank. Equity Bank is an FDIC insured institution founded in 0000. It has approximately $4.98 billion in assets.
| FDIC Insured | Yes |
| Insured Parent Bank | Equity Bank |
| FDIC Certificate | # 25858 |
| Date Established | 0000 |
| Assets | $4.98 billion |
| Loans | $3.27 billion |
| Deposits | $4.26 billion |
| Capital | $0.49 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 5.10% |
Annual Interest |
Annual Interest (After Tax) |
| 1 | 50,000 | 2,550 | 1,785 |
| 2 | 52,550 | 2,680 | 1,876 |
| 3 | 55,230 | 2,817 | 1,972 |
| 4 | 58,047 | 2,960 | 2,072 |
| 5 | 61,007 | 3,111 | 2,178 |
| 6 | 64,119 | 3,270 | 2,289 |
| 7 | 67,389 | 3,437 | 2,406 |
| 8 | 70,825 | 3,612 | 2,528 |
| 9 | 74,437 | 3,796 | 2,657 |
| 10 | 78,234 | 3,990 | 2,793 |
| 11 | 82,224 | 4,193 | 2,935 |
| 12 | 86,417 | 4,407 | 3,085 |
| 13 | 90,824 | 4,632 | 3,242 |
| 14 | 95,456 | 4,868 | 3,408 |
| 15 | 100,325 | 5,117 | 3,582 |
| 16 | 105,441 | 5,378 | 3,764 |
| 17 | 110,819 | 5,652 | 3,956 |
| 18 | 116,471 | 5,940 | 4,158 |
| 19 | 122,411 | 6,243 | 4,370 |
| 20 | 128,654 | 6,561 | 4,593 |
| TOTAL | $85,215 | $59,650 |
| 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 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 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 5.20% |
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 |
Theo
November 22, 2022 |
The lady was nice on the phone but too many issues not ironed out. Would opt for a very slightly lower rate in order not to play guinea pig.
Review on the Parent Bank