Compare Savings vs. CDs
Comparison of Deposit Account from BUILDING TRADES with 0.84% - November 2024


Long-Term Analysis of BUILDING TRADES with 0.84% 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
    0.84%
    -
    $50,000
    48 Month
    Credit Union
    1.03x (National Avg. - 0.81%)
    $10,000
     
    SCENARIO
    Year Rate
    0.84%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 420 294
    2 50,420 424 296
    3 50,844 427 299
    4 51,271 431 301
    5 51,701 434 304
    6 52,136 438 307
    7 52,574 442 309
    8 53,015 445 312
    9 53,460 449 314
    10 53,910 453 317
    11 54,362 457 320
    12 54,819 460 322
    13 55,279 464 325
    14 55,744 468 328
    15 56,212 472 331
    16 56,684 476 333
    17 57,160 480 336
    18 57,641 484 339
    19 58,125 488 342
    20 58,613 492 345
    TOTAL $9,105 $6,374

    All calculations are for demonstration purposes only.

    Featured CD Rates

    ONLINE BANKS APY? MIN?

    Last change: ↑0.25% on October 28.
    6 Month Jumbo CD.

    Last change: ↓0.09% on October 17.
    3 Month CD.

    Last change: ↓0.15% on September 6.

    Last change: ↓0.05% on September 27.

    Last change: ↑0.20% on October 28.
    Early Withdrawal Penalty is 3 months interest.