Compare Savings vs. CDs
Comparison of Deposit Account from Texas Bank with 2.72% - November 2024


Long-Term Analysis of Texas Bank with 2.72% 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 MONEY MARKET
    2.72%
    -
    $50,000
    N.A.
    Bank
    N.A.
    $10,000
     
    SCENARIO
    Year Rate
    2.72%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 1,360 952
    2 51,360 1,397 978
    3 52,757 1,435 1,004
    4 54,192 1,474 1,032
    5 55,666 1,514 1,060
    6 57,180 1,555 1,089
    7 58,735 1,598 1,118
    8 60,333 1,641 1,149
    9 61,974 1,686 1,180
    10 63,660 1,732 1,212
    11 65,391 1,779 1,245
    12 67,170 1,827 1,279
    13 68,997 1,877 1,314
    14 70,874 1,928 1,349
    15 72,801 1,980 1,386
    16 74,782 2,034 1,424
    17 76,816 2,089 1,463
    18 78,905 2,146 1,502
    19 81,051 2,205 1,543
    20 83,256 2,265 1,585
    TOTAL $35,520 $24,864

    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: ↑3.00% on August 7.

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

    Last change: ↓0.15% on September 6.

    Last change: ↓0.05% on September 27.