Compare Savings vs. CDs
Comparison of Deposit Account from MINNEQUA WORKS with 3.34% - November 2024


Long-Term Analysis of MINNEQUA WORKS with 3.34% 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
    3.34%
    -
    $50,000
    36 Month
    Credit Union
    4.45x (National Avg. - 0.75%)
    $500
     
    SCENARIO
    Year Rate
    3.34%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 1,671 1,169
    2 51,671 1,726 1,208
    3 53,397 1,784 1,249
    4 55,181 1,844 1,291
    5 57,024 1,905 1,334
    6 58,930 1,969 1,378
    7 60,898 2,035 1,424
    8 62,933 2,103 1,472
    9 65,036 2,173 1,521
    10 67,208 2,245 1,572
    11 69,454 2,320 1,624
    12 71,774 2,398 1,679
    13 74,172 2,478 1,735
    14 76,650 2,561 1,793
    15 79,211 2,646 1,853
    16 81,858 2,735 1,914
    17 84,593 2,826 1,978
    18 87,419 2,921 2,044
    19 90,340 3,018 2,113
    20 93,358 3,119 2,183
    TOTAL $46,477 $32,534

    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: ↓0.05% on September 27.

    Last change: ↑0.20% on October 28.
    Early Withdrawal Penalty is 3 months interest.