Compare Savings vs. CDs
Comparison of Deposit Account from MCPHERSON CO-OP with 0.55% - November 2024


Long-Term Analysis of MCPHERSON CO-OP with 0.55% 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
    0.55%
    -
    $50,000
    6 Month
    Credit Union
    1.36x (National Avg. - 0.41%)
    $100,000
     
    SCENARIO
    Year Rate
    0.55%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 277 194
    2 50,277 278 195
    3 50,555 280 196
    4 50,834 281 197
    5 51,115 283 198
    6 51,398 284 199
    7 51,682 286 200
    8 51,968 287 201
    9 52,255 289 202
    10 52,544 291 203
    11 52,835 292 205
    12 53,127 294 206
    13 53,421 295 207
    14 53,716 297 208
    15 54,013 299 209
    16 54,312 300 210
    17 54,612 302 211
    18 54,914 304 213
    19 55,218 305 214
    20 55,523 307 215
    TOTAL $5,830 $4,081

    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: ↓0.25% on October 16.