Compare Savings vs. CDs
Comparison of Deposit Account from Citizens State Bank with 0.80% - November 2024


Long-Term Analysis of Citizens State Bank with 0.80% 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
    0.80%
    -
    $50,000
    18 Month
    Bank
    1.38x (National Avg. - 0.58%)
    $1,000
     
    SCENARIO
    Year Rate
    0.80%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 399 279
    2 50,399 402 281
    3 50,800 405 283
    4 51,205 408 286
    5 51,613 411 288
    6 52,025 415 290
    7 52,439 418 293
    8 52,857 421 295
    9 53,278 425 297
    10 53,703 428 300
    11 54,131 431 302
    12 54,562 435 304
    13 54,997 438 307
    14 55,436 442 309
    15 55,877 445 312
    16 56,323 449 314
    17 56,772 452 317
    18 57,224 456 319
    19 57,680 460 322
    20 58,140 463 324
    TOTAL $8,603 $6,022

    All calculations are for demonstration purposes only.

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