Compare Savings vs. CDs
Comparison of Deposit Account from Bangor Savings Bank with 0.75% - June 2025


Long-Term Analysis of Bangor Savings Bank with 0.75% APY and Bangor Savings Bank with 2.28% 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
    0.75%
    -
    $50,000
    48 Month
    Bank
    0.92x (National Avg. - 0.82%)
    $500
     
    SCENARIO
    Year Rate
    0.75%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 375 263
    2 50,375 378 264
    3 50,753 381 266
    4 51,133 384 268
    5 51,517 386 270
    6 51,903 389 272
    7 52,293 392 275
    8 52,685 395 277
    9 53,080 398 279
    10 53,478 401 281
    11 53,879 404 283
    12 54,283 407 285
    13 54,690 410 287
    14 55,101 413 289
    15 55,514 416 291
    16 55,930 419 294
    17 56,350 423 296
    18 56,772 426 298
    19 57,198 429 300
    20 57,627 432 303
    TOTAL $8,059 $5,641
  • 2
    LOCAL CD
    2.28%
    -
    $50,000
    6 Month
    Bank
    5.57x (National Avg. - 0.41%)
    $500
     
    SCENARIO
    Year Rate
    2.28%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 1,140 798
    2 51,140 1,166 816
    3 52,306 1,193 835
    4 53,499 1,220 854
    5 54,718 1,248 873
    6 55,966 1,276 893
    7 57,242 1,305 914
    8 58,547 1,335 934
    9 59,882 1,365 956
    10 61,247 1,396 978
    11 62,644 1,428 1,000
    12 64,072 1,461 1,023
    13 65,533 1,494 1,046
    14 67,027 1,528 1,070
    15 68,555 1,563 1,094
    16 70,118 1,599 1,119
    17 71,717 1,635 1,145
    18 73,352 1,672 1,171
    19 75,024 1,711 1,197
    20 76,735 1,750 1,225
    TOTAL $28,485 $19,939

    All calculations are for demonstration purposes only.

    Featured CD Rates

    ONLINE BANKS APY? MIN?

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

    Last change: ↑0.20% on January 18.

    Last change: ↑0.20% on April 9.

    Last change: ↑0.34% on May 27.
    Warning: Early Withdrawal Penalty is 180 days interest.

    Last change: ↑0.26% on April 9.
    Early Withdrawal Penalty is 6 months interest.