Compare Savings vs. CDs
Comparison of Deposit Account from First Western Trust Bank with 0.84% - April 2025


Long-Term Analysis of Hanmi Bank with 0.10% APY and First Western Trust Bank with 0.84% 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 MONEY MARKET
    0.10%
    -
    $50,000
    N.A.
    Bank
    N.A.
    $25,000
     
    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
  • 2
    LOCAL CD
    0.84%
    -
    $50,000
    18 Month
    Bank
    1.45x (National Avg. - 0.58%)
    $100,000
     
    SCENARIO
    Year Rate
    0.84%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 420 294
    2 50,420 424 296
    3 50,844 427 299
    4 51,271 431 301
    5 51,701 434 304
    6 52,136 438 307
    7 52,574 442 309
    8 53,015 445 312
    9 53,460 449 314
    10 53,910 453 317
    11 54,362 457 320
    12 54,819 460 322
    13 55,279 464 325
    14 55,744 468 328
    15 56,212 472 331
    16 56,684 476 333
    17 57,160 480 336
    18 57,641 484 339
    19 58,125 488 342
    20 58,613 492 345
    TOTAL $9,105 $6,374

    All calculations are for demonstration purposes only.

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    ONLINE BANKS APY? MIN?

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    Last change: ↓0.50% on February 25.