Compare Savings vs. CDs
Comparison of Deposit Account from KELLY COMMUNITY with 1.06% - February 2025


Long-Term Analysis of DOVER with 0.10% APY and KELLY COMMUNITY with 1.06% 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.
    Credit Union
    N.A.
    $10,000
     
    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
    1.06%
    -
    $50,000
    18 Month
    Credit Union
    1.83x (National Avg. - 0.58%)
    $100,000
     
    SCENARIO
    Year Rate
    1.06%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 528 370
    2 50,528 534 374
    3 51,062 539 377
    4 51,601 545 381
    5 52,146 551 385
    6 52,696 556 390
    7 53,253 562 394
    8 53,815 568 398
    9 54,383 574 402
    10 54,958 580 406
    11 55,538 586 411
    12 56,125 593 415
    13 56,717 599 419
    14 57,316 605 424
    15 57,921 612 428
    16 58,533 618 433
    17 59,151 625 437
    18 59,776 631 442
    19 60,407 638 447
    20 61,045 645 451
    TOTAL $11,690 $8,183

    All calculations are for demonstration purposes only.

    Featured CD Rates

    ONLINE BANKS APY? MIN?

    Last change: ↓0.50% on October 1, 2024.

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    6 Month Jumbo CD.

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    3 Month CD.

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    Early Withdrawal Penalty is 6 months interest.