Compare Savings vs. CDs
Comparison of Deposit Account from Western Bank with 0.13% - November 2024


Long-Term Analysis of Western Bank with 0.13% 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
    0.13%
    -
    $50,000
    6 Month
    Bank
    0.32x (National Avg. - 0.41%)
    $100,000
     
    SCENARIO
    Year Rate
    0.13%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 65 46
    2 50,065 65 46
    3 50,130 65 46
    4 50,195 65 46
    5 50,261 65 46
    6 50,326 65 46
    7 50,391 66 46
    8 50,457 66 46
    9 50,522 66 46
    10 50,588 66 46
    11 50,654 66 46
    12 50,720 66 46
    13 50,786 66 46
    14 50,852 66 46
    15 50,918 66 46
    16 50,984 66 46
    17 51,050 66 46
    18 51,117 66 47
    19 51,183 67 47
    20 51,250 67 47
    TOTAL $1,316 $921

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

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    Last change: ↑0.20% on October 28.
    Early Withdrawal Penalty is 3 months interest.