Compare Savings vs. CDs
Comparison of Deposit Account from First Financial Bank, National Association with 2.32% - November 2024


Long-Term Analysis of First Financial Bank, National Association with 2.32% APY and Cape Ann Savings Bank with 1.00% 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
    2.32%
    -
    $50,000
    3 Month
    Bank
    1.05x (National Avg. - 2.21%)
    $500
     
    SCENARIO
    Year Rate
    2.32%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 1,160 812
    2 51,160 1,187 831
    3 52,347 1,214 850
    4 53,561 1,243 870
    5 54,804 1,271 890
    6 56,075 1,301 911
    7 57,376 1,331 932
    8 58,708 1,362 953
    9 60,070 1,394 976
    10 61,463 1,426 998
    11 62,889 1,459 1,021
    12 64,348 1,493 1,045
    13 65,841 1,528 1,069
    14 67,369 1,563 1,094
    15 68,931 1,599 1,119
    16 70,531 1,636 1,145
    17 72,167 1,674 1,172
    18 73,841 1,713 1,199
    19 75,554 1,753 1,227
    20 77,307 1,794 1,255
    TOTAL $29,101 $20,371
  • 2
    LOCAL CD
    1.00%
    -
    $50,000
    60 Month
    Bank
    1.09x (National Avg. - 0.92%)
    $500
     
    SCENARIO
    Year Rate
    1.00%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 500 350
    2 50,500 505 354
    3 51,005 510 357
    4 51,515 515 361
    5 52,030 520 364
    6 52,551 526 368
    7 53,076 531 372
    8 53,607 536 375
    9 54,143 541 379
    10 54,684 547 383
    11 55,231 552 387
    12 55,783 558 390
    13 56,341 563 394
    14 56,905 569 398
    15 57,474 575 402
    16 58,048 580 406
    17 58,629 586 410
    18 59,215 592 415
    19 59,807 598 419
    20 60,405 604 423
    TOTAL $11,010 $7,707

    All calculations are for demonstration purposes only.

    Featured CD Rates

    ONLINE BANKS APY? MIN?

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