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Comparison of Deposit Account from ALLEGACY with 1.80% - June 2025

Long-Term Analysis of DEPARTMENT OF CORRECTIONS with 0.90% APY and ALLEGACY with 3.00% APY and ALLEGACY with 1.80% APY and COMMUNITY FIRST with 4.05% 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

Amount

Type

Term

State

Product Name

PRODUCT

BANK

APY

STATE

AMOUNT

TERM

BANK TYPE

VS.NAT.AV.

MIN

LOCAL CD

DEPARTMENT OF CORRECTIONS

0.90%

$50,000

48 Month

Credit Union

1.10x (National Avg. - 0.82%)

$10,000

SCENARIO

Year	Rate 0.90%	Annual Interest	Annual Interest (After Tax)
1	50,000	450	315
2	50,450	454	318
3	50,904	458	321
4	51,362	462	324
5	51,824	466	326
6	52,291	471	329
7	52,761	475	332
8	53,236	479	335
9	53,715	483	338
10	54,199	488	341
11	54,687	492	345
12	55,179	497	348
13	55,675	501	351
14	56,177	506	354
15	56,682	510	357
16	57,192	515	360
17	57,707	519	364
18	58,226	524	367
19	58,750	529	370
20	59,279	534	373
	TOTAL	$9,813	$6,869

LOCAL CD

ALLEGACY

3.00%

$50,000

24 Month

Credit Union

4.54x (National Avg. - 0.66%)

$500

SCENARIO

Year	Rate 3.00%	Annual Interest	Annual Interest (After Tax)
1	50,000	1,500	1,050
2	51,500	1,545	1,082
3	53,045	1,591	1,114
4	54,636	1,639	1,147
5	56,275	1,688	1,182
6	57,964	1,739	1,217
7	59,703	1,791	1,254
8	61,494	1,845	1,291
9	63,339	1,900	1,330
10	65,239	1,957	1,370
11	67,196	2,016	1,411
12	69,212	2,076	1,453
13	71,288	2,139	1,497
14	73,427	2,203	1,542
15	75,629	2,269	1,588
16	77,898	2,337	1,636
17	80,235	2,407	1,685
18	82,642	2,479	1,735
19	85,122	2,554	1,788
20	87,675	2,630	1,841
	TOTAL	$40,306	$28,214

LOCAL MONEY MARKET

ALLEGACY

1.80%

$50,000

N.A.

Credit Union

2.72x (National Avg. - 0.66%)

$25,000

SCENARIO

Year	Rate 1.80%	Annual Interest	Annual Interest (After Tax)
1	50,000	900	630
2	50,900	916	641
3	51,816	933	653
4	52,749	949	665
5	53,698	967	677
6	54,665	984	689
7	55,649	1,002	701
8	56,651	1,020	714
9	57,670	1,038	727
10	58,708	1,057	740
11	59,765	1,076	753
12	60,841	1,095	767
13	61,936	1,115	780
14	63,051	1,135	794
15	64,186	1,155	809
16	65,341	1,176	823
17	66,517	1,197	838
18	67,715	1,219	853
19	68,933	1,241	869
20	70,174	1,263	884
	TOTAL	$21,437	$15,006

LOCAL CD

COMMUNITY FIRST

4.05%

$50,000

24 Month

Credit Union

6.13x (National Avg. - 0.66%)

$1,000

SCENARIO

Year	Rate 4.05%	Annual Interest	Annual Interest (After Tax)
1	50,000	2,025	1,418
2	52,025	2,107	1,475
3	54,132	2,192	1,535
4	56,324	2,281	1,597
5	58,605	2,374	1,661
6	60,979	2,470	1,729
7	63,449	2,570	1,799
8	66,018	2,674	1,872
9	68,692	2,782	1,947
10	71,474	2,895	2,026
11	74,369	3,012	2,108
12	77,381	3,134	2,194
13	80,515	3,261	2,283
14	83,776	3,393	2,375
15	87,168	3,530	2,471
16	90,699	3,673	2,571
17	94,372	3,822	2,675
18	98,194	3,977	2,784
19	102,171	4,138	2,897
20	106,309	4,306	3,014
	TOTAL	$60,614	$42,430

All calculations are for demonstration purposes only.

Featured CD Rates

ONLINE BANKS	APY^?	MIN^?
Brilliant Bank, a division of Equity Bank	4.55%	$1,000	Learn More
Last change: ↓0.50% on October 1, 2024.
ableBanking, a division of Northeast Bank	4.50%	$500	Learn More
Last change: ↑0.20% on January 18.
Finworth, a division of InsBank	4.50%	$50,000	Learn More
Last change: ↑0.20% on April 9.
First Internet Bank of Indiana	4.49%	$1,000	Learn More
Last change: ↑0.34% on May 27. Warning: Early Withdrawal Penalty is 180 days interest.
Finworth, a division of InsBank	4.46%	$50,000	Learn More
Last change: ↑0.26% on April 9. Early Withdrawal Penalty is 6 months interest.

Compare Savings vs. CDs Comparison of Deposit Account from ALLEGACY with 1.80% - June 2025

Long-Term Analysis of DEPARTMENT OF CORRECTIONS with 0.90% APY and ALLEGACY with 3.00% APY and ALLEGACY with 1.80% APY and COMMUNITY FIRST with 4.05% APY

Featured CD Rates

Compare Savings vs. CDs
Comparison of Deposit Account from ALLEGACY with 1.80% - June 2025