Compare Savings vs. CDs
Comparison of Deposit Account from MINNEQUA WORKS with 3.03% - April 2025


Long-Term Analysis of MINNEQUA WORKS with 3.03% APY and Sunstate Bank with 0.11% 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
    3.03%
    -
    $50,000
    30 Month
    Credit Union
    N.A.
    $500
     
    SCENARIO
    Year Rate
    3.03%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 1,517 1,062
    2 51,517 1,563 1,094
    3 53,080 1,610 1,127
    4 54,690 1,659 1,162
    5 56,350 1,710 1,197
    6 58,059 1,762 1,233
    7 59,821 1,815 1,270
    8 61,636 1,870 1,309
    9 63,506 1,927 1,349
    10 65,433 1,985 1,390
    11 67,418 2,045 1,432
    12 69,463 2,108 1,475
    13 71,571 2,171 1,520
    14 73,742 2,237 1,566
    15 75,980 2,305 1,614
    16 78,285 2,375 1,663
    17 80,660 2,447 1,713
    18 83,107 2,521 1,765
    19 85,629 2,598 1,819
    20 88,227 2,677 1,874
    TOTAL $40,904 $28,633
  • 2
    LOCAL SAVINGS
    0.11%
    -
    $50,000
    N.A.
    Bank
    0.49x (National Avg. - 0.23%)
    $2,500
     
    SCENARIO
    Year Rate
    0.11%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 55 39
    2 50,055 55 39
    3 50,110 55 39
    4 50,165 55 39
    5 50,220 55 39
    6 50,276 55 39
    7 50,331 55 39
    8 50,386 55 39
    9 50,442 55 39
    10 50,497 56 39
    11 50,553 56 39
    12 50,608 56 39
    13 50,664 56 39
    14 50,720 56 39
    15 50,776 56 39
    16 50,831 56 39
    17 50,887 56 39
    18 50,943 56 39
    19 50,999 56 39
    20 51,055 56 39
    TOTAL $1,112 $778

    All calculations are for demonstration purposes only.

    Featured CD Rates

    ONLINE BANKS APY? MIN?

    Last change: ↑0.15% on March 22.

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

    Last change: ↑0.20% on January 18.

    Last change: ↓0.15% on January 25.

    Last change: ↓0.50% on February 25.