Compare Savings vs. CDs
Comparison of Deposit Account from Mutual Savings Bank with 0.10% - April 2025


Long-Term Analysis of Marquette Savings Bank with 2.52% APY and EvaBank with 3.56% APY and Mutual Savings Bank with 0.10% 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
    2.52%
    -
    $50,000
    60 Month
    Bank
    2.75x (National Avg. - 0.92%)
    $500
     
    SCENARIO
    Year Rate
    2.52%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 1,260 882
    2 51,260 1,292 904
    3 52,552 1,324 927
    4 53,876 1,358 950
    5 55,234 1,392 974
    6 56,626 1,427 999
    7 58,053 1,463 1,024
    8 59,516 1,500 1,050
    9 61,015 1,538 1,076
    10 62,553 1,576 1,103
    11 64,129 1,616 1,131
    12 65,745 1,657 1,160
    13 67,402 1,699 1,189
    14 69,101 1,741 1,219
    15 70,842 1,785 1,250
    16 72,627 1,830 1,281
    17 74,457 1,876 1,313
    18 76,334 1,924 1,347
    19 78,257 1,972 1,380
    20 80,229 2,022 1,415
    TOTAL $32,251 $22,576
  • 2
    LOCAL CD
    3.56%
    -
    $50,000
    60 Month
    Bank
    3.88x (National Avg. - 0.92%)
    $1,000
     
    SCENARIO
    Year Rate
    3.56%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 1,780 1,246
    2 51,780 1,843 1,290
    3 53,623 1,909 1,336
    4 55,532 1,977 1,384
    5 57,509 2,047 1,433
    6 59,557 2,120 1,484
    7 61,677 2,196 1,537
    8 63,873 2,274 1,592
    9 66,146 2,355 1,648
    10 68,501 2,439 1,707
    11 70,940 2,525 1,768
    12 73,465 2,615 1,831
    13 76,081 2,708 1,896
    14 78,789 2,805 1,963
    15 81,594 2,905 2,033
    16 84,499 3,008 2,106
    17 87,507 3,115 2,181
    18 90,622 3,226 2,258
    19 93,848 3,341 2,339
    20 97,189 3,460 2,422
    TOTAL $50,649 $35,455
  • 3
    LOCAL CD
    0.10%
    -
    $50,000
    12 Month
    Bank
    0.18x (National Avg. - 0.55%)
    $10,000
     
    SCENARIO
    Year Rate
    0.10%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 50 35
    2 50,050 50 35
    3 50,100 50 35
    4 50,150 50 35
    5 50,200 50 35
    6 50,251 50 35
    7 50,301 50 35
    8 50,351 50 35
    9 50,401 50 35
    10 50,452 50 35
    11 50,502 51 35
    12 50,553 51 35
    13 50,603 51 35
    14 50,654 51 35
    15 50,705 51 35
    16 50,755 51 36
    17 50,806 51 36
    18 50,857 51 36
    19 50,908 51 36
    20 50,959 51 36
    TOTAL $1,010 $707

    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.