Compare Savings vs. CDs
Comparison of Deposit Account from SOUTHLAND with 0.50% - November 2024


Long-Term Analysis of SOUTHLAND with 0.50% 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
    0.50%
    -
    $50,000
    36 Month
    Credit Union
    0.67x (National Avg. - 0.75%)
    $10,000
     
    SCENARIO
    Year Rate
    0.50%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 251 176
    2 50,251 252 177
    3 50,503 254 177
    4 50,757 255 178
    5 51,012 256 179
    6 51,268 257 180
    7 51,525 259 181
    8 51,784 260 182
    9 52,044 261 183
    10 52,305 263 184
    11 52,567 264 185
    12 52,831 265 186
    13 53,097 267 187
    14 53,363 268 188
    15 53,631 269 188
    16 53,900 271 189
    17 54,171 272 190
    18 54,443 273 191
    19 54,716 275 192
    20 54,991 276 193
    TOTAL $5,267 $3,687

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

    Last change: ↓0.25% on October 16.