Compare Savings vs. CDs
Comparison of Deposit Account from North American Banking Company with 0.40% - April 2025


Long-Term Analysis of North American Banking Company with 1.05% APY and North American Banking Company with 0.85% APY and North American Banking Company with 1.05% APY and North American Banking Company with 0.40% APY and The Richwood Banking Company with 0.37% APY and Forcht Bank, National Association with 0.76% 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
    1.05%
    -
    $50,000
    18 Month
    Bank
    1.81x (National Avg. - 0.58%)
    $100,000
     
    SCENARIO
    Year Rate
    1.05%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 525 368
    2 50,525 531 371
    3 51,056 536 375
    4 51,592 542 379
    5 52,133 547 383
    6 52,681 553 387
    7 53,234 559 391
    8 53,793 565 395
    9 54,358 571 400
    10 54,928 577 404
    11 55,505 583 408
    12 56,088 589 412
    13 56,677 595 417
    14 57,272 601 421
    15 57,873 608 425
    16 58,481 614 430
    17 59,095 620 434
    18 59,716 627 439
    19 60,343 634 444
    20 60,976 640 448
    TOTAL $11,616 $8,131
  • 2
    LOCAL CD
    0.85%
    -
    $50,000
    30 Month
    Bank
    N.A.
    $10,000
     
    SCENARIO
    Year Rate
    0.85%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 425 298
    2 50,425 429 300
    3 50,854 432 303
    4 51,286 436 305
    5 51,722 440 308
    6 52,161 443 310
    7 52,605 447 313
    8 53,052 451 316
    9 53,503 455 318
    10 53,958 459 321
    11 54,416 463 324
    12 54,879 466 327
    13 55,345 470 329
    14 55,816 474 332
    15 56,290 478 335
    16 56,769 483 338
    17 57,251 487 341
    18 57,738 491 344
    19 58,229 495 346
    20 58,724 499 349
    TOTAL $9,223 $6,456
  • 3
    LOCAL CD
    1.05%
    -
    $50,000
    30 Month
    Bank
    N.A.
    $100,000
     
    SCENARIO
    Year Rate
    1.05%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 525 368
    2 50,525 531 371
    3 51,056 536 375
    4 51,592 542 379
    5 52,133 547 383
    6 52,681 553 387
    7 53,234 559 391
    8 53,793 565 395
    9 54,358 571 400
    10 54,928 577 404
    11 55,505 583 408
    12 56,088 589 412
    13 56,677 595 417
    14 57,272 601 421
    15 57,873 608 425
    16 58,481 614 430
    17 59,095 620 434
    18 59,716 627 439
    19 60,343 634 444
    20 60,976 640 448
    TOTAL $11,616 $8,131
  • 4
    LOCAL CD
    0.40%
    -
    $50,000
    6 Month
    Bank
    0.99x (National Avg. - 0.41%)
    $100,000
     
    SCENARIO
    Year Rate
    0.40%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 200 140
    2 50,200 201 141
    3 50,401 202 141
    4 50,602 202 142
    5 50,805 203 142
    6 51,008 204 143
    7 51,212 205 143
    8 51,417 206 144
    9 51,623 206 145
    10 51,829 207 145
    11 52,036 208 146
    12 52,245 209 146
    13 52,454 210 147
    14 52,663 211 147
    15 52,874 211 148
    16 53,085 212 149
    17 53,298 213 149
    18 53,511 214 150
    19 53,725 215 150
    20 53,940 216 151
    TOTAL $4,156 $2,909
  • 5
    LOCAL CD
    0.37%
    -
    $50,000
    18 Month
    Bank
    0.64x (National Avg. - 0.58%)
    $500
     
    SCENARIO
    Year Rate
    0.37%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 185 130
    2 50,185 186 130
    3 50,371 186 130
    4 50,557 187 131
    5 50,744 188 131
    6 50,932 188 132
    7 51,120 189 132
    8 51,309 190 133
    9 51,499 191 133
    10 51,690 191 134
    11 51,881 192 134
    12 52,073 193 135
    13 52,266 193 135
    14 52,459 194 136
    15 52,653 195 136
    16 52,848 196 137
    17 53,044 196 137
    18 53,240 197 138
    19 53,437 198 138
    20 53,635 198 139
    TOTAL $3,833 $2,683
  • 6
    LOCAL CD
    0.76%
    -
    $50,000
    24 Month
    Bank
    1.15x (National Avg. - 0.66%)
    $100,000
     
    SCENARIO
    Year Rate
    0.76%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 380 266
    2 50,380 383 268
    3 50,763 386 270
    4 51,149 389 272
    5 51,537 392 274
    6 51,929 395 276
    7 52,324 398 278
    8 52,721 401 280
    9 53,122 404 283
    10 53,526 407 285
    11 53,933 410 287
    12 54,343 413 289
    13 54,756 416 291
    14 55,172 419 294
    15 55,591 422 296
    16 56,013 426 298
    17 56,439 429 300
    18 56,868 432 303
    19 57,300 435 305
    20 57,736 439 307
    TOTAL $8,175 $5,722

    All calculations are for demonstration purposes only.

    Featured CD Rates

    ONLINE BANKS APY? MIN?

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