• Home
  • Compare Products

Compare Savings vs. CDs
Comparison of Deposit Account from PROVIDENT with 2.16% - April 2025


Long-Term Analysis of First State Bank of Porter with 0.65% APY and Richland State Bank with 1.31% APY and PROVIDENT with 2.16% 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.

You May Choose More Savings or CD Products From Among these Popular Products to Compare

 
$
PRODUCT
BANK
APY
STATE
AMOUNT
TERM
BANK TYPE
VS.NAT.AV.
MIN
  • 1
    LOCAL CD
    First State Bank of Porter
    0.65%
    -
    $50,000
    24 Month
    Bank
    0.98x (National Avg. - 0.66%)
    $10,000
     
    SCENARIO
    Year Rate
    0.65%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 325 228
    2 50,325 327 229
    3 50,652 329 230
    4 50,981 331 232
    5 51,313 334 233
    6 51,646 336 235
    7 51,982 338 237
    8 52,320 340 238
    9 52,660 342 240
    10 53,002 345 241
    11 53,347 347 243
    12 53,693 349 244
    13 54,042 351 246
    14 54,394 354 247
    15 54,747 356 249
    16 55,103 358 251
    17 55,461 360 252
    18 55,822 363 254
    19 56,185 365 256
    20 56,550 368 257
    TOTAL $6,917 $4,842
  • 2
    LOCAL CD
    Richland State Bank
    1.31%
    -
    $50,000
    48 Month
    Bank
    1.61x (National Avg. - 0.82%)
    $10,000
     
    SCENARIO
    Year Rate
    1.31%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 655 459
    2 50,655 664 465
    3 51,319 672 471
    4 51,991 681 477
    5 52,672 690 483
    6 53,362 699 489
    7 54,061 708 496
    8 54,769 717 502
    9 55,487 727 509
    10 56,214 736 515
    11 56,950 746 522
    12 57,696 756 529
    13 58,452 766 536
    14 59,218 776 543
    15 59,993 786 550
    16 60,779 796 557
    17 61,575 807 565
    18 62,382 817 572
    19 63,199 828 580
    20 64,027 839 587
    TOTAL $14,866 $10,406
  • 3
    LOCAL CD
    PROVIDENT
    2.16%
    -
    $50,000
    24 Month
    Credit Union
    3.27x (National Avg. - 0.66%)
    $1,000
     
    SCENARIO
    Year Rate
    2.16%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 1,080 756
    2 51,080 1,103 772
    3 52,183 1,127 789
    4 53,310 1,152 806
    5 54,462 1,176 823
    6 55,638 1,202 841
    7 56,840 1,228 859
    8 58,068 1,254 878
    9 59,322 1,281 897
    10 60,604 1,309 916
    11 61,913 1,337 936
    12 63,250 1,366 956
    13 64,616 1,396 977
    14 66,012 1,426 998
    15 67,438 1,457 1,020
    16 68,894 1,488 1,042
    17 70,382 1,520 1,064
    18 71,903 1,553 1,087
    19 73,456 1,587 1,111
    20 75,042 1,621 1,135
    TOTAL $26,663 $18,664

    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.

    Reddit

    Featured on:

    Copyright © 2025 BestCashCow.com, LLC. All Rights Reserved. Our Terms and Conditions. Privacy Policy + CCPA.

    Disclosure Governing Your Use of this Website | Advertising Disclosure

    Last Update on April 3, 2025

    This page was created in 0.0845 seconds.