Compare Savings vs. CDs
Comparison of Deposit Account from The Wilmington Savings Bank with 0.30% - March 2025


Long-Term Analysis of Bristol County Savings Bank with 2.49% APY and 1ST MIDAMERICA with 0.05% APY and The Wilmington Savings Bank with 0.30% APY and NAVY FEDERAL CREDIT UNION with 1.50% 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
    2.49%
    -
    $50,000
    N.A.
    Bank
    N.A.
    $250,000
     
    SCENARIO
    Year Rate
    2.49%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 1,245 872
    2 51,245 1,276 893
    3 52,521 1,308 915
    4 53,829 1,340 938
    5 55,169 1,374 962
    6 56,543 1,408 986
    7 57,951 1,443 1,010
    8 59,394 1,479 1,035
    9 60,873 1,516 1,061
    10 62,388 1,553 1,087
    11 63,942 1,592 1,115
    12 65,534 1,632 1,142
    13 67,166 1,672 1,171
    14 68,838 1,714 1,200
    15 70,552 1,757 1,230
    16 72,309 1,800 1,260
    17 74,110 1,845 1,292
    18 75,955 1,891 1,324
    19 77,846 1,938 1,357
    20 79,784 1,987 1,391
    TOTAL $31,771 $22,240
  • 2
    LOCAL SAVINGS
    0.05%
    -
    $50,000
    N.A.
    Credit Union
    0.22x (National Avg. - 0.23%)
    $2,500
     
    SCENARIO
    Year Rate
    0.05%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 25 18
    2 50,025 25 18
    3 50,050 25 18
    4 50,075 25 18
    5 50,100 25 18
    6 50,125 25 18
    7 50,150 25 18
    8 50,175 25 18
    9 50,200 25 18
    10 50,225 25 18
    11 50,251 25 18
    12 50,276 25 18
    13 50,301 25 18
    14 50,326 25 18
    15 50,351 25 18
    16 50,376 25 18
    17 50,402 25 18
    18 50,427 25 18
    19 50,452 25 18
    20 50,477 25 18
    TOTAL $502 $352
  • 3
    LOCAL MONEY MARKET
    0.30%
    -
    $50,000
    N.A.
    Bank
    1.33x (National Avg. - 0.23%)
    $10,000
     
    SCENARIO
    Year Rate
    0.30%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 150 105
    2 50,150 150 105
    3 50,300 151 106
    4 50,451 151 106
    5 50,603 152 106
    6 50,755 152 107
    7 50,907 153 107
    8 51,059 153 107
    9 51,213 154 108
    10 51,366 154 108
    11 51,520 155 108
    12 51,675 155 109
    13 51,830 155 109
    14 51,985 156 109
    15 52,141 156 109
    16 52,298 157 110
    17 52,455 157 110
    18 52,612 158 110
    19 52,770 158 111
    20 52,928 159 111
    TOTAL $3,087 $2,161
  • 4
    LOCAL CD
    1.50%
    -
    $50,000
    3 Month
    Credit Union
    0.68x (National Avg. - 2.20%)
    $1,000
     
    SCENARIO
    Year Rate
    1.50%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 750 525
    2 50,750 761 533
    3 51,511 773 541
    4 52,284 784 549
    5 53,068 796 557
    6 53,864 808 566
    7 54,672 820 574
    8 55,492 832 583
    9 56,325 845 591
    10 57,169 858 600
    11 58,027 870 609
    12 58,897 883 618
    13 59,781 897 628
    14 60,678 910 637
    15 61,588 924 647
    16 62,512 938 656
    17 63,449 952 666
    18 64,401 966 676
    19 65,367 981 686
    20 66,348 995 697
    TOTAL $17,343 $12,140

    All calculations are for demonstration purposes only.

    Featured CD Rates

    ONLINE BANKS APY? MIN?

    Last change: ↑0.15% on March 22.

    Last change: ↓0.50% on October 1, 2024.

    Last change: ↑0.20% on January 18.

    Last change: ↓0.15% on January 25.

    Last change: ↓0.50% on February 25.