Compare Savings vs. CDs
Comparison of Deposit Account from MEMBERS with 0.45% - December 2024


Long-Term Analysis of MEMBERS with 0.45% 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
    0.45%
    -
    $50,000
    48 Month
    Credit Union
    0.55x (National Avg. - 0.81%)
    $10,000
     
    SCENARIO
    Year Rate
    0.45%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 226 158
    2 50,226 227 159
    3 50,452 228 159
    4 50,680 229 160
    5 50,908 230 161
    6 51,138 231 161
    7 51,368 232 162
    8 51,600 233 163
    9 51,833 234 164
    10 52,067 235 164
    11 52,301 236 165
    12 52,537 237 166
    13 52,774 238 167
    14 53,012 239 167
    15 53,251 240 168
    16 53,491 241 169
    17 53,733 242 170
    18 53,975 243 170
    19 54,218 245 171
    20 54,463 246 172
    TOTAL $4,709 $3,296

    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.