Compare Savings vs. CDs
Comparison of Deposit Account from LOUISIANA CATHOLIC with 0.75% - December 2024


Long-Term Analysis of LOUISIANA CATHOLIC with 0.75% APY and GARDINER with 1.87% 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 CD
    0.75%
    -
    $50,000
    12 Month
    Credit Union
    1.36x (National Avg. - 0.55%)
    $10,000
     
    SCENARIO
    Year Rate
    0.75%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 375 263
    2 50,375 378 264
    3 50,753 381 266
    4 51,133 384 268
    5 51,517 386 270
    6 51,903 389 272
    7 52,293 392 275
    8 52,685 395 277
    9 53,080 398 279
    10 53,478 401 281
    11 53,879 404 283
    12 54,283 407 285
    13 54,690 410 287
    14 55,101 413 289
    15 55,514 416 291
    16 55,930 419 294
    17 56,350 423 296
    18 56,772 426 298
    19 57,198 429 300
    20 57,627 432 303
    TOTAL $8,059 $5,641
  • 2
    LOCAL MONEY MARKET
    1.87%
    -
    $50,000
    N.A.
    Credit Union
    3.39x (National Avg. - 0.55%)
    $25,000
     
    SCENARIO
    Year Rate
    1.87%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 935 655
    2 50,935 952 667
    3 51,887 970 679
    4 52,858 988 692
    5 53,846 1,007 705
    6 54,853 1,026 718
    7 55,879 1,045 731
    8 56,924 1,064 745
    9 57,988 1,084 759
    10 59,073 1,105 773
    11 60,177 1,125 788
    12 61,303 1,146 802
    13 62,449 1,168 817
    14 63,617 1,190 833
    15 64,806 1,212 848
    16 66,018 1,235 864
    17 67,253 1,258 880
    18 68,511 1,281 897
    19 69,792 1,305 914
    20 71,097 1,330 931
    TOTAL $22,426 $15,698

    All calculations are for demonstration purposes only.

    Featured CD Rates

    ONLINE BANKS APY? MIN?

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

    Last change: ↓0.15% on September 6.

    Last change: ↓0.09% on December 7.
    6 Month Jumbo CD.

    Last change: ↑0.25% on November 25.

    Last change: ↑0.70% on December 7.