Compare Savings vs. CDs
Comparison of Deposit Account from GEORGIA'S OWN with 3.21% - November 2024


Long-Term Analysis of GEORGIA'S OWN with 3.21% 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.

You May Choose More Savings or CD Products From Among these Popular Products to Compare

 
$
PRODUCT
BANK
APY
STATE
AMOUNT
TERM
BANK TYPE
VS.NAT.AV.
MIN
  • 1
    LOCAL CD
    3.21%
    -
    $50,000
    36 Month
    Credit Union
    4.28x (National Avg. - 0.75%)
    $10,000
     
    SCENARIO
    Year Rate
    3.21%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 1,605 1,124
    2 51,605 1,657 1,160
    3 53,262 1,710 1,197
    4 54,971 1,765 1,235
    5 56,736 1,821 1,275
    6 58,557 1,880 1,316
    7 60,437 1,940 1,358
    8 62,377 2,002 1,402
    9 64,379 2,067 1,447
    10 66,446 2,133 1,493
    11 68,578 2,201 1,541
    12 70,780 2,272 1,590
    13 73,052 2,345 1,641
    14 75,397 2,420 1,694
    15 77,817 2,498 1,749
    16 80,315 2,578 1,805
    17 82,893 2,661 1,863
    18 85,554 2,746 1,922
    19 88,300 2,834 1,984
    20 91,135 2,925 2,048
    TOTAL $44,060 $30,842

    All calculations are for demonstration purposes only.

    Featured CD Rates

    ONLINE BANKS APY? MIN?

    Last change: ↑0.25% on October 28.
    6 Month Jumbo CD.

    Last change: ↓0.09% on October 17.
    3 Month CD.

    Last change: ↓0.15% on September 6.

    Last change: ↑0.20% on October 28.
    Early Withdrawal Penalty is 3 months interest.

    Last change: ↓0.50% on October 1.