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Comparison of Deposit Account from CAROLINAS TELCO with 0.90% - April 2025

Long-Term Analysis of SPACE COAST with 3.75% APY and COMMUNITYWIDE with 3.40% APY and CAROLINAS TELCO with 0.90% APY and Homestead Bank with 1.31% 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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Amount

Type

Term

State

Product Name

PRODUCT

BANK

APY

STATE

AMOUNT

TERM

BANK TYPE

VS.NAT.AV.

MIN

LOCAL CD

SPACE COAST

3.75%

$50,000

60 Month

Credit Union

4.08x (National Avg. - 0.92%)

$500

SCENARIO

Year	Rate 3.75%	Annual Interest	Annual Interest (After Tax)
1	50,000	1,875	1,313
2	51,875	1,945	1,362
3	53,820	2,018	1,413
4	55,839	2,094	1,466
5	57,933	2,172	1,521
6	60,105	2,254	1,578
7	62,359	2,338	1,637
8	64,697	2,426	1,698
9	67,124	2,517	1,762
10	69,641	2,612	1,828
11	72,252	2,709	1,897
12	74,962	2,811	1,968
13	77,773	2,916	2,042
14	80,689	3,026	2,118
15	83,715	3,139	2,198
16	86,854	3,257	2,280
17	90,111	3,379	2,365
18	93,491	3,506	2,454
19	96,996	3,637	2,546
20	100,634	3,774	2,642
	TOTAL	$54,408	$38,085

LOCAL CD

COMMUNITYWIDE

3.40%

$50,000

60 Month

Credit Union

3.70x (National Avg. - 0.92%)

$1,000

SCENARIO

Year	Rate 3.40%	Annual Interest	Annual Interest (After Tax)
1	50,000	1,700	1,190
2	51,700	1,758	1,230
3	53,458	1,818	1,272
4	55,275	1,879	1,316
5	57,155	1,943	1,360
6	59,098	2,009	1,407
7	61,107	2,078	1,454
8	63,185	2,148	1,504
9	65,333	2,221	1,555
10	67,555	2,297	1,608
11	69,851	2,375	1,662
12	72,226	2,456	1,719
13	74,682	2,539	1,777
14	77,221	2,626	1,838
15	79,847	2,715	1,900
16	82,562	2,807	1,965
17	85,369	2,903	2,032
18	88,271	3,001	2,101
19	91,272	3,103	2,172
20	94,376	3,209	2,246
	TOTAL	$47,584	$33,309

LOCAL CD

CAROLINAS TELCO

0.90%

$50,000

24 Month

Credit Union

1.37x (National Avg. - 0.66%)

$10,000

SCENARIO

Year	Rate 0.90%	Annual Interest	Annual Interest (After Tax)
1	50,000	450	315
2	50,450	454	318
3	50,904	458	321
4	51,362	462	324
5	51,824	466	326
6	52,291	471	329
7	52,761	475	332
8	53,236	479	335
9	53,715	483	338
10	54,199	488	341
11	54,687	492	345
12	55,179	497	348
13	55,675	501	351
14	56,177	506	354
15	56,682	510	357
16	57,192	515	360
17	57,707	519	364
18	58,226	524	367
19	58,750	529	370
20	59,279	534	373
	TOTAL	$9,813	$6,869

LOCAL CD

Homestead Bank

1.31%

$50,000

60 Month

Bank

1.43x (National Avg. - 0.92%)

$100,000

SCENARIO

Year	Rate 1.31%	Annual Interest	Annual Interest (After Tax)
1	50,000	655	459
2	50,655	664	465
3	51,319	672	471
4	51,991	681	477
5	52,672	690	483
6	53,362	699	489
7	54,061	708	496
8	54,769	717	502
9	55,487	727	509
10	56,214	736	515
11	56,950	746	522
12	57,696	756	529
13	58,452	766	536
14	59,218	776	543
15	59,993	786	550
16	60,779	796	557
17	61,575	807	565
18	62,382	817	572
19	63,199	828	580
20	64,027	839	587
	TOTAL	$14,866	$10,406

All calculations are for demonstration purposes only.

Featured CD Rates

ONLINE BANKS	APY^?	MIN^?
My e-Banc, a division of Bradesco BAC Florida Bank	4.55%	$50,000	Learn More
Last change: ↓0.10% on February 9. 6 Month Jumbo CD.
Brilliant Bank, a division of Equity Bank	4.55%	$1,000	Learn More
Last change: ↓0.50% on October 1, 2024.
ableBanking, a division of Northeast Bank	4.50%	$500	Learn More
Last change: ↑0.20% on January 18.
Bread Savings, a division of Bread Financial	4.50%	$1,500	Learn More
Last change: ↓0.15% on January 25.
Finworth, a division of InsBank	4.50%	$50,000	Learn More
Last change: ↑0.20% on April 9.

Compare Savings vs. CDs Comparison of Deposit Account from CAROLINAS TELCO with 0.90% - April 2025

Long-Term Analysis of SPACE COAST with 3.75% APY and COMMUNITYWIDE with 3.40% APY and CAROLINAS TELCO with 0.90% APY and Homestead Bank with 1.31% APY

Featured CD Rates

Compare Savings vs. CDs
Comparison of Deposit Account from CAROLINAS TELCO with 0.90% - April 2025