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Comparison of Deposit Account from MAINE STATE with 1.40% - April 2025

Long-Term Analysis of SIGNET with 0.25% APY and MAINE STATE with 1.40% APY and PALMETTO CITIZENS with 3.80% APY and PALMETTO CITIZENS with 3.39% 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

Amount

Type

Term

State

Product Name

PRODUCT

BANK

APY

STATE

AMOUNT

TERM

BANK TYPE

VS.NAT.AV.

MIN

LOCAL SAVINGS

SIGNET

0.25%

$50,000

N.A.

Credit Union

1.12x (National Avg. - 0.22%)

$2,500

SCENARIO

Year	Rate 0.25%	Annual Interest	Annual Interest (After Tax)
1	50,000	125	88
2	50,125	125	88
3	50,250	126	88
4	50,376	126	88
5	50,502	126	88
6	50,628	127	89
7	50,755	127	89
8	50,882	127	89
9	51,009	128	89
10	51,136	128	89
11	51,264	128	90
12	51,392	128	90
13	51,521	129	90
14	51,650	129	90
15	51,779	129	91
16	51,908	130	91
17	52,038	130	91
18	52,168	130	91
19	52,298	131	92
20	52,429	131	92
	TOTAL	$2,560	$1,792

LOCAL CD

MAINE STATE

1.40%

$50,000

48 Month

Credit Union

1.72x (National Avg. - 0.82%)

$10,000

SCENARIO

Year	Rate 1.40%	Annual Interest	Annual Interest (After Tax)
1	50,000	700	490
2	50,700	710	497
3	51,410	720	504
4	52,130	730	511
5	52,859	740	518
6	53,599	750	525
7	54,350	761	533
8	55,111	772	540
9	55,882	782	548
10	56,665	793	555
11	57,458	804	563
12	58,262	816	571
13	59,078	827	579
14	59,905	839	587
15	60,744	850	595
16	61,594	862	604
17	62,456	874	612
18	63,331	887	621
19	64,217	899	629
20	65,117	912	638
	TOTAL	$16,028	$11,220

LOCAL CD

PALMETTO CITIZENS

3.80%

$50,000

12 Month

Credit Union

6.90x (National Avg. - 0.55%)

$250,000

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

LOCAL CD

PALMETTO CITIZENS

3.39%

$50,000

36 Month

Credit Union

4.50x (National Avg. - 0.75%)

$250,000

SCENARIO

Year	Rate 3.39%	Annual Interest	Annual Interest (After Tax)
1	50,000	1,695	1,187
2	51,695	1,752	1,227
3	53,447	1,812	1,268
4	55,259	1,873	1,311
5	57,133	1,937	1,356
6	59,069	2,002	1,402
7	61,072	2,070	1,449
8	63,142	2,141	1,498
9	65,283	2,213	1,549
10	67,496	2,288	1,602
11	69,784	2,366	1,656
12	72,150	2,446	1,712
13	74,595	2,529	1,770
14	77,124	2,615	1,830
15	79,739	2,703	1,892
16	82,442	2,795	1,956
17	85,237	2,890	2,023
18	88,126	2,987	2,091
19	91,114	3,089	2,162
20	94,202	3,193	2,235
	TOTAL	$47,396	$33,177

All calculations are for demonstration purposes only.

Featured CD Rates

ONLINE BANKS	APY^?	MIN^?
My e-Banc, a division of Bradesco BAC Florida Bank	4.55%	$50,000	Learn More
Last change: ↓0.10% on February 9. 6 Month Jumbo CD.
Brilliant Bank, a division of Equity Bank	4.55%	$1,000	Learn More
Last change: ↓0.50% on October 1, 2024.
ableBanking, a division of Northeast Bank	4.50%	$500	Learn More
Last change: ↑0.20% on January 18.
Bread Savings, a division of Bread Financial	4.50%	$1,500	Learn More
Last change: ↓0.15% on January 25.
Finworth, a division of InsBank	4.50%	$50,000	Learn More
Last change: ↑0.20% on April 9.

Compare Savings vs. CDs Comparison of Deposit Account from MAINE STATE with 1.40% - April 2025

Long-Term Analysis of SIGNET with 0.25% APY and MAINE STATE with 1.40% APY and PALMETTO CITIZENS with 3.80% APY and PALMETTO CITIZENS with 3.39% APY

Featured CD Rates

Compare Savings vs. CDs
Comparison of Deposit Account from MAINE STATE with 1.40% - April 2025