Compare Savings vs. CDs
Comparison of Deposit Account from Fulton Bank, National Association with 2.24% - November 2024


Long-Term Analysis of Fulton Bank, National Association with 2.24% 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
    2.24%
    -
    $50,000
    N.A.
    Bank
    N.A.
    $100,000
     
    SCENARIO
    Year Rate
    2.24%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 1,120 784
    2 51,120 1,145 802
    3 52,265 1,171 820
    4 53,436 1,197 838
    5 54,633 1,224 857
    6 55,857 1,251 876
    7 57,108 1,279 895
    8 58,387 1,308 916
    9 59,695 1,337 936
    10 61,032 1,367 957
    11 62,399 1,398 978
    12 63,797 1,429 1,000
    13 65,226 1,461 1,023
    14 66,687 1,494 1,046
    15 68,181 1,527 1,069
    16 69,708 1,561 1,093
    17 71,269 1,596 1,118
    18 72,866 1,632 1,143
    19 74,498 1,669 1,168
    20 76,167 1,706 1,194
    TOTAL $27,873 $19,511

    All calculations are for demonstration purposes only.

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