Compare Savings vs. CDs
Comparison of Deposit Account from Arbor Bank with 0.34% - November 2024


Long-Term Analysis of Arbor Bank with 0.34% 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.

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$
PRODUCT
BANK
APY
STATE
AMOUNT
TERM
BANK TYPE
VS.NAT.AV.
MIN
  • 1
    LOCAL CD
    0.34%
    -
    $50,000
    6 Month
    Bank
    0.84x (National Avg. - 0.41%)
    $10,000
     
    SCENARIO
    Year Rate
    0.34%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 170 119
    2 50,170 171 119
    3 50,341 171 120
    4 50,512 172 120
    5 50,683 172 121
    6 50,856 173 121
    7 51,029 173 121
    8 51,202 174 122
    9 51,376 175 122
    10 51,551 175 123
    11 51,726 176 123
    12 51,902 176 124
    13 52,079 177 124
    14 52,256 178 124
    15 52,433 178 125
    16 52,612 179 125
    17 52,790 179 126
    18 52,970 180 126
    19 53,150 181 126
    20 53,331 181 127
    TOTAL $3,512 $2,458

    All calculations are for demonstration purposes only.

    Featured CD Rates

    ONLINE BANKS APY? MIN?

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