Compare Savings vs. CDs
Comparison of Deposit Account from SSB Bank with 2.77% - December 2024


Long-Term Analysis of SSB Bank with 2.77% 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
    2.77%
    -
    $50,000
    60 Month
    Bank
    3.03x (National Avg. - 0.92%)
    $500
     
    SCENARIO
    Year Rate
    2.77%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 1,385 970
    2 51,385 1,423 996
    3 52,808 1,463 1,024
    4 54,271 1,503 1,052
    5 55,774 1,545 1,081
    6 57,319 1,588 1,111
    7 58,907 1,632 1,142
    8 60,539 1,677 1,174
    9 62,216 1,723 1,206
    10 63,939 1,771 1,240
    11 65,710 1,820 1,274
    12 67,530 1,871 1,309
    13 69,401 1,922 1,346
    14 71,323 1,976 1,383
    15 73,299 2,030 1,421
    16 75,330 2,087 1,461
    17 77,416 2,144 1,501
    18 79,561 2,204 1,543
    19 81,764 2,265 1,585
    20 84,029 2,328 1,629
    TOTAL $36,357 $25,450

    All calculations are for demonstration purposes only.

    Featured CD Rates

    ONLINE BANKS APY? MIN?

    Last change: ↓0.09% on October 17.
    3 Month CD.

    Last change: ↓0.09% on December 7.
    6 Month Jumbo CD.

    Last change: ↑0.25% on November 25.

    Last change: ↑0.70% on December 7.

    Last change: ↓0.05% on December 4.