Compare Savings vs. CDs
Comparison of Deposit Account from Southwestern National Bank with 0.75% - November 2024


Long-Term Analysis of Southwestern National Bank with 0.75% 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 MONEY MARKET
    0.75%
    -
    $50,000
    N.A.
    Bank
    N.A.
    $25,000
     
    SCENARIO
    Year Rate
    0.75%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 373 261
    2 50,373 375 263
    3 50,748 378 265
    4 51,126 381 267
    5 51,507 384 269
    6 51,890 387 271
    7 52,277 389 273
    8 52,667 392 275
    9 53,059 395 277
    10 53,454 398 279
    11 53,852 401 281
    12 54,254 404 283
    13 54,658 407 285
    14 55,065 410 287
    15 55,475 413 289
    16 55,889 416 291
    17 56,305 419 294
    18 56,724 423 296
    19 57,147 426 298
    20 57,573 429 300
    TOTAL $8,002 $5,601

    All calculations are for demonstration purposes only.

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