Compare Savings vs. CDs
Comparison of Deposit Account from Southwestern National Bank with 0.93% - November 2024


Long-Term Analysis of Southwestern National Bank with 0.93% 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
    0.93%
    -
    $50,000
    36 Month
    Bank
    1.23x (National Avg. - 0.75%)
    $100,000
     
    SCENARIO
    Year Rate
    0.93%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 463 324
    2 50,463 467 327
    3 50,929 471 330
    4 51,400 475 333
    5 51,876 480 336
    6 52,356 484 339
    7 52,840 489 342
    8 53,329 493 345
    9 53,822 498 348
    10 54,320 502 352
    11 54,822 507 355
    12 55,329 512 358
    13 55,841 517 362
    14 56,358 521 365
    15 56,879 526 368
    16 57,405 531 372
    17 57,936 536 375
    18 58,472 541 379
    19 59,013 546 382
    20 59,559 551 386
    TOTAL $10,110 $7,077

    All calculations are for demonstration purposes only.

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