Compare Savings vs. CDs
Comparison of Deposit Account from Fortress Bank with 0.05% - April 2025


Long-Term Analysis of Fortress Bank with 0.05% APY and Webster Bank, National Association with 0.02% APY and WINGS FINANCIAL with 3.80% APY and WINGS FINANCIAL with 1.81% 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
    0.05%
    -
    $50,000
    N.A.
    Bank
    N.A.
    $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 MONEY MARKET
    0.02%
    -
    $50,000
    N.A.
    Bank
    N.A.
    $25,000
     
    SCENARIO
    Year Rate
    0.02%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 10 7
    2 50,010 10 7
    3 50,020 10 7
    4 50,030 10 7
    5 50,040 10 7
    6 50,050 10 7
    7 50,060 10 7
    8 50,070 10 7
    9 50,080 10 7
    10 50,090 10 7
    11 50,100 10 7
    12 50,110 10 7
    13 50,120 10 7
    14 50,130 10 7
    15 50,140 10 7
    16 50,150 10 7
    17 50,160 10 7
    18 50,170 10 7
    19 50,180 10 7
    20 50,190 10 7
    TOTAL $200 $140
  • 3
    LOCAL CD
    3.80%
    -
    $50,000
    24 Month
    Credit Union
    5.77x (National Avg. - 0.66%)
    $501
     
    SCENARIO
    Year Rate
    3.80%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 1,900 1,330
    2 51,900 1,972 1,381
    3 53,872 2,047 1,433
    4 55,919 2,125 1,487
    5 58,044 2,206 1,544
    6 60,250 2,289 1,603
    7 62,539 2,376 1,664
    8 64,916 2,467 1,727
    9 67,383 2,561 1,792
    10 69,943 2,658 1,860
    11 72,601 2,759 1,931
    12 75,360 2,864 2,005
    13 78,224 2,972 2,081
    14 81,196 3,085 2,160
    15 84,282 3,203 2,242
    16 87,484 3,324 2,327
    17 90,809 3,451 2,416
    18 94,259 3,582 2,507
    19 97,841 3,718 2,603
    20 101,559 3,859 2,701
    TOTAL $55,419 $38,793
  • 4
    LOCAL CD
    1.81%
    -
    $50,000
    24 Month
    Credit Union
    2.75x (National Avg. - 0.66%)
    $250,000
     
    SCENARIO
    Year Rate
    1.81%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 905 634
    2 50,905 921 645
    3 51,826 938 657
    4 52,764 955 669
    5 53,719 972 681
    6 54,692 990 693
    7 55,682 1,008 705
    8 56,690 1,026 718
    9 57,716 1,045 731
    10 58,760 1,064 744
    11 59,824 1,083 758
    12 60,907 1,102 772
    13 62,009 1,122 786
    14 63,131 1,143 800
    15 64,274 1,163 814
    16 65,437 1,184 829
    17 66,622 1,206 844
    18 67,828 1,228 859
    19 69,055 1,250 875
    20 70,305 1,273 891
    TOTAL $21,578 $15,105

    All calculations are for demonstration purposes only.

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