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Comparison of Deposit Account from Dime Bank with 0.05% - April 2025


Long-Term Analysis of Dime Bank with 0.05% APY and Morton Community Bank with 2.34% APY and The First National Bank of Ottawa with 0.21% APY and The First National Bank of Ottawa with 0.65% APY and The First National Bank of Ottawa with 0.09% APY and Morton Community Bank with 0.78% APY and Morton Community Bank with 3.95% 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.

You May Choose More Savings or CD Products From Among these Popular Products to Compare

 
$
PRODUCT
BANK
APY
STATE
AMOUNT
TERM
BANK TYPE
VS.NAT.AV.
MIN
  • 1
    LOCAL SAVINGS
    Dime Bank
    0.05%
    -
    $50,000
    N.A.
    Bank
    0.22x (National Avg. - 0.22%)
    $2,500
     
    SCENARIO
    Year Rate
    0.05%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 25 18
    2 50,025 25 18
    3 50,050 25 18
    4 50,075 25 18
    5 50,100 25 18
    6 50,125 25 18
    7 50,150 25 18
    8 50,175 25 18
    9 50,200 25 18
    10 50,225 25 18
    11 50,251 25 18
    12 50,276 25 18
    13 50,301 25 18
    14 50,326 25 18
    15 50,351 25 18
    16 50,376 25 18
    17 50,402 25 18
    18 50,427 25 18
    19 50,452 25 18
    20 50,477 25 18
    TOTAL $502 $352
  • 2
    LOCAL CD
    Morton Community Bank
    2.34%
    -
    $50,000
    24 Month
    Bank
    3.55x (National Avg. - 0.66%)
    $0
     
    SCENARIO
    Year Rate
    2.34%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 1,170 819
    2 51,170 1,197 838
    3 52,367 1,225 858
    4 53,593 1,254 878
    5 54,847 1,283 898
    6 56,130 1,313 919
    7 57,444 1,344 941
    8 58,788 1,376 963
    9 60,164 1,408 985
    10 61,571 1,441 1,009
    11 63,012 1,474 1,032
    12 64,487 1,509 1,056
    13 65,996 1,544 1,081
    14 67,540 1,580 1,106
    15 69,120 1,617 1,132
    16 70,738 1,655 1,159
    17 72,393 1,694 1,186
    18 74,087 1,734 1,214
    19 75,821 1,774 1,242
    20 77,595 1,816 1,271
    TOTAL $29,411 $20,587
  • 3
    LOCAL CD
    The First National Bank of Ottawa
    0.21%
    -
    $50,000
    12 Month
    Bank
    0.38x (National Avg. - 0.55%)
    $100,000
     
    SCENARIO
    Year Rate
    0.21%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 105 74
    2 50,105 105 74
    3 50,210 105 74
    4 50,316 106 74
    5 50,421 106 74
    6 50,527 106 74
    7 50,633 106 74
    8 50,740 107 75
    9 50,846 107 75
    10 50,953 107 75
    11 51,060 107 75
    12 51,167 107 75
    13 51,275 108 75
    14 51,382 108 76
    15 51,490 108 76
    16 51,598 108 76
    17 51,707 109 76
    18 51,815 109 76
    19 51,924 109 76
    20 52,033 109 76
    TOTAL $2,142 $1,500
  • 4
    LOCAL CD
    The First National Bank of Ottawa
    0.65%
    -
    $50,000
    36 Month
    Bank
    0.86x (National Avg. - 0.75%)
    $10,000
     
    SCENARIO
    Year Rate
    0.65%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 325 228
    2 50,325 327 229
    3 50,652 329 230
    4 50,981 331 232
    5 51,313 334 233
    6 51,646 336 235
    7 51,982 338 237
    8 52,320 340 238
    9 52,660 342 240
    10 53,002 345 241
    11 53,347 347 243
    12 53,693 349 244
    13 54,042 351 246
    14 54,394 354 247
    15 54,747 356 249
    16 55,103 358 251
    17 55,461 360 252
    18 55,822 363 254
    19 56,185 365 256
    20 56,550 368 257
    TOTAL $6,917 $4,842
  • 5
    LOCAL MONEY MARKET
    The First National Bank of Ottawa
    0.09%
    -
    $50,000
    N.A.
    Bank
    0.12x (National Avg. - 0.75%)
    $10,000
     
    SCENARIO
    Year Rate
    0.09%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 45 32
    2 50,045 45 32
    3 50,090 45 32
    4 50,135 45 32
    5 50,180 45 32
    6 50,225 45 32
    7 50,271 45 32
    8 50,316 45 32
    9 50,361 45 32
    10 50,406 45 32
    11 50,452 45 32
    12 50,497 45 32
    13 50,543 45 32
    14 50,588 46 32
    15 50,634 46 32
    16 50,679 46 32
    17 50,725 46 32
    18 50,771 46 32
    19 50,816 46 32
    20 50,862 46 32
    TOTAL $908 $635
  • 6
    LOCAL MONEY MARKET
    Morton Community Bank
    0.78%
    -
    $50,000
    N.A.
    Bank
    1.04x (National Avg. - 0.75%)
    $25,000
     
    SCENARIO
    Year Rate
    0.78%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 390 273
    2 50,390 393 275
    3 50,783 396 277
    4 51,179 399 279
    5 51,578 402 282
    6 51,981 405 284
    7 52,386 409 286
    8 52,795 412 288
    9 53,207 415 291
    10 53,622 418 293
    11 54,040 422 295
    12 54,461 425 297
    13 54,886 428 300
    14 55,314 431 302
    15 55,746 435 304
    16 56,180 438 307
    17 56,619 442 309
    18 57,060 445 312
    19 57,505 449 314
    20 57,954 452 316
    TOTAL $8,406 $5,884
  • 7
    LOCAL CD
    Morton Community Bank
    3.95%
    -
    $50,000
    14 Month
    Bank
    N.A.
    $100,000
     
    SCENARIO
    Year Rate
    3.95%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 1,975 1,383
    2 51,975 2,053 1,437
    3 54,028 2,134 1,494
    4 56,162 2,218 1,553
    5 58,381 2,306 1,614
    6 60,687 2,397 1,678
    7 63,084 2,492 1,744
    8 65,575 2,590 1,813
    9 68,166 2,693 1,885
    10 70,858 2,799 1,959
    11 73,657 2,909 2,037
    12 76,567 3,024 2,117
    13 79,591 3,144 2,201
    14 82,735 3,268 2,288
    15 86,003 3,397 2,378
    16 89,400 3,531 2,472
    17 92,931 3,671 2,570
    18 96,602 3,816 2,671
    19 100,418 3,967 2,777
    20 104,384 4,123 2,886
    TOTAL $58,508 $40,955

    All calculations are for demonstration purposes only.

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