Compare Savings vs. CDs
Comparison of Deposit Account from First Bank with 5.05% - April 2025


Long-Term Analysis of ST. ANNE'S with 5.38% APY and First Bank with 5.05% 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
    5.38%
    -
    $50,000
    13 Month
    Credit Union
    N.A.
    $2,500
     
    SCENARIO
    Year Rate
    5.38%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 2,689 1,882
    2 52,689 2,834 1,984
    3 55,523 2,986 2,090
    4 58,509 3,147 2,203
    5 61,655 3,316 2,321
    6 64,971 3,494 2,446
    7 68,465 3,682 2,577
    8 72,147 3,880 2,716
    9 76,027 4,089 2,862
    10 80,116 4,309 3,016
    11 84,425 4,540 3,178
    12 88,965 4,785 3,349
    13 93,750 5,042 3,529
    14 98,791 5,313 3,719
    15 104,104 5,599 3,919
    16 109,703 5,900 4,130
    17 115,603 6,217 4,352
    18 121,820 6,551 4,586
    19 128,372 6,904 4,833
    20 135,275 7,275 5,093
    TOTAL $92,551 $64,785
  • 2
    LOCAL CD
    5.05%
    -
    $50,000
    7 Month
    Bank
    N.A.
    $1,000
     
    SCENARIO
    Year Rate
    5.05%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 2,525 1,768
    2 52,525 2,653 1,857
    3 55,178 2,786 1,951
    4 57,964 2,927 2,049
    5 60,891 3,075 2,153
    6 63,966 3,230 2,261
    7 67,196 3,393 2,375
    8 70,590 3,565 2,495
    9 74,155 3,745 2,621
    10 77,899 3,934 2,754
    11 81,833 4,133 2,893
    12 85,966 4,341 3,039
    13 90,307 4,561 3,192
    14 94,868 4,791 3,354
    15 99,659 5,033 3,523
    16 104,691 5,287 3,701
    17 109,978 5,554 3,888
    18 115,532 5,834 4,084
    19 121,367 6,129 4,290
    20 127,496 6,439 4,507
    TOTAL $83,934 $58,754

    All calculations are for demonstration purposes only.

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