Compare Savings vs. CDs
Comparison of Deposit Account from SUMA with 3.56% - April 2025


Long-Term Analysis of SUMA with 3.67% APY and SUMA with 3.56% 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
    3.67%
    -
    $50,000
    36 Month
    Credit Union
    4.87x (National Avg. - 0.75%)
    $1,000
     
    SCENARIO
    Year Rate
    3.67%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 1,835 1,285
    2 51,835 1,902 1,332
    3 53,737 1,972 1,381
    4 55,710 2,045 1,431
    5 57,754 2,120 1,484
    6 59,874 2,197 1,538
    7 62,071 2,278 1,595
    8 64,349 2,362 1,653
    9 66,711 2,448 1,714
    10 69,159 2,538 1,777
    11 71,697 2,631 1,842
    12 74,328 2,728 1,909
    13 77,056 2,828 1,980
    14 79,884 2,932 2,052
    15 82,816 3,039 2,128
    16 85,855 3,151 2,206
    17 89,006 3,267 2,287
    18 92,273 3,386 2,370
    19 95,659 3,511 2,457
    20 99,170 3,640 2,548
    TOTAL $52,809 $36,966
  • 2
    LOCAL CD
    3.56%
    -
    $50,000
    60 Month
    Credit Union
    3.87x (National Avg. - 0.92%)
    $1,000
     
    SCENARIO
    Year Rate
    3.56%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 1,780 1,246
    2 51,780 1,843 1,290
    3 53,623 1,909 1,336
    4 55,532 1,977 1,384
    5 57,509 2,047 1,433
    6 59,557 2,120 1,484
    7 61,677 2,196 1,537
    8 63,873 2,274 1,592
    9 66,146 2,355 1,648
    10 68,501 2,439 1,707
    11 70,940 2,525 1,768
    12 73,465 2,615 1,831
    13 76,081 2,708 1,896
    14 78,789 2,805 1,963
    15 81,594 2,905 2,033
    16 84,499 3,008 2,106
    17 87,507 3,115 2,181
    18 90,622 3,226 2,258
    19 93,848 3,341 2,339
    20 97,189 3,460 2,422
    TOTAL $50,649 $35,455

    All calculations are for demonstration purposes only.

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