Compare Savings vs. CDs
Comparison of Deposit Account from CIT-CO with 0.10% - March 2025


Long-Term Analysis of DIAMOND VALLEY with 0.91% APY and CIT-CO with 0.10% 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
    0.91%
    -
    $50,000
    48 Month
    Credit Union
    1.12x (National Avg. - 0.82%)
    $100,000
     
    SCENARIO
    Year Rate
    0.91%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 455 319
    2 50,455 459 321
    3 50,914 463 324
    4 51,377 468 327
    5 51,845 472 330
    6 52,317 476 333
    7 52,793 480 336
    8 53,273 485 339
    9 53,758 489 342
    10 54,247 494 346
    11 54,741 498 349
    12 55,239 503 352
    13 55,742 507 355
    14 56,249 512 358
    15 56,761 517 362
    16 57,277 521 365
    17 57,799 526 368
    18 58,325 531 372
    19 58,855 536 375
    20 59,391 540 378
    TOTAL $9,931 $6,952
  • 2
    LOCAL SAVINGS
    0.10%
    -
    $50,000
    N.A.
    Credit Union
    0.44x (National Avg. - 0.23%)
    $2,500
     
    SCENARIO
    Year Rate
    0.10%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 50 35
    2 50,050 50 35
    3 50,100 50 35
    4 50,150 50 35
    5 50,200 50 35
    6 50,251 50 35
    7 50,301 50 35
    8 50,351 50 35
    9 50,401 50 35
    10 50,452 50 35
    11 50,502 51 35
    12 50,553 51 35
    13 50,603 51 35
    14 50,654 51 35
    15 50,705 51 35
    16 50,755 51 36
    17 50,806 51 36
    18 50,857 51 36
    19 50,908 51 36
    20 50,959 51 36
    TOTAL $1,010 $707

    All calculations are for demonstration purposes only.

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