Compare Savings vs. CDs
Comparison of Deposit Account from BEAR PAW with 1.01% - May 2024


Long-Term Analysis of Pinnacle Bank with 1.75% APY and TruPoint Bank with 0.40% APY and West Iowa Bank with 0.35% APY and Peoples Bank with 0.25% APY and BEAR PAW with 1.01% APY and UNITED POLES with 0.15% APY and UNITED POLES with 0.80% APY and CREDIT UNION 1 with 0.90% APY and TWIN RIVERS with 0.65% APY and The Ottoville Bank Company with 0.10% APY and Sutton Bank with 0.30% APY and SEVEN SEVENTEEN with 0.40% APY and The Merchants National Bank with 0.45% APY and ONPOINT COMMUNITY with 3.75% APY and The Fidelity Deposit and Discount Bank with 0.05% APY and UPSTATE with 1.27% APY and The Citizens Bank with 1.11% APY and ServisFirst Bank with 0.71% APY and FIRST CENTRAL with 0.70% APY and HERCULES FIRST with 0.60% APY and VALLEY COMMUNITIES with 1.00% APY and MEMBERS' ADVANTAGE with 0.90% APY and Peoples Bank with 0.12% APY and AFENA with 1.00% APY and GULF WINDS with 1.65% APY and MEMBERS 1ST with 1.35% 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
    1.75%
    -
    $50,000
    N.A.
    Bank
    N.A.
    $100,000
     
    SCENARIO
    Year Rate
    1.75%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 875 613
    2 50,875 890 623
    3 51,765 906 634
    4 52,671 922 645
    5 53,593 938 657
    6 54,531 954 668
    7 55,485 971 680
    8 56,456 988 692
    9 57,444 1,005 704
    10 58,449 1,023 716
    11 59,472 1,041 729
    12 60,513 1,059 741
    13 61,572 1,078 754
    14 62,649 1,096 767
    15 63,746 1,116 781
    16 64,861 1,135 795
    17 65,996 1,155 808
    18 67,151 1,175 823
    19 68,327 1,196 837
    20 69,522 1,217 852
    TOTAL $20,739 $14,517
  • 2
    LOCAL CD
    0.40%
    -
    $50,000
    36 Month
    Bank
    0.46x (National Avg. - 0.87%)
    $1,000
     
    SCENARIO
    Year Rate
    0.40%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 200 140
    2 50,200 201 141
    3 50,401 202 141
    4 50,602 202 142
    5 50,805 203 142
    6 51,008 204 143
    7 51,212 205 143
    8 51,417 206 144
    9 51,623 206 145
    10 51,829 207 145
    11 52,036 208 146
    12 52,245 209 146
    13 52,454 210 147
    14 52,663 211 147
    15 52,874 211 148
    16 53,085 212 149
    17 53,298 213 149
    18 53,511 214 150
    19 53,725 215 150
    20 53,940 216 151
    TOTAL $4,156 $2,909
  • 3
    LOCAL CD
    0.35%
    -
    $50,000
    6 Month
    Bank
    0.51x (National Avg. - 0.69%)
    $10,000
     
    SCENARIO
    Year Rate
    0.35%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 175 123
    2 50,175 176 123
    3 50,351 176 123
    4 50,527 177 124
    5 50,704 177 124
    6 50,881 178 125
    7 51,059 179 125
    8 51,238 179 126
    9 51,417 180 126
    10 51,597 181 126
    11 51,778 181 127
    12 51,959 182 127
    13 52,141 182 128
    14 52,323 183 128
    15 52,507 184 129
    16 52,690 184 129
    17 52,875 185 130
    18 53,060 186 130
    19 53,245 186 130
    20 53,432 187 131
    TOTAL $3,619 $2,533
  • 4
    LOCAL CD
    0.25%
    -
    $50,000
    18 Month
    Bank
    0.34x (National Avg. - 0.73%)
    $10,000
     
    SCENARIO
    Year Rate
    0.25%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 125 88
    2 50,125 125 88
    3 50,250 126 88
    4 50,376 126 88
    5 50,502 126 88
    6 50,628 127 89
    7 50,755 127 89
    8 50,882 127 89
    9 51,009 128 89
    10 51,136 128 89
    11 51,264 128 90
    12 51,392 128 90
    13 51,521 129 90
    14 51,650 129 90
    15 51,779 129 91
    16 51,908 130 91
    17 52,038 130 91
    18 52,168 130 91
    19 52,298 131 92
    20 52,429 131 92
    TOTAL $2,560 $1,792
  • 5
    LOCAL CD
    1.01%
    -
    $50,000
    36 Month
    Credit Union
    1.16x (National Avg. - 0.87%)
    $10,000
     
    SCENARIO
    Year Rate
    1.01%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 505 354
    2 50,505 510 357
    3 51,015 515 361
    4 51,530 520 364
    5 52,051 526 368
    6 52,577 531 372
    7 53,108 536 375
    8 53,644 542 379
    9 54,186 547 383
    10 54,733 553 387
    11 55,286 558 391
    12 55,844 564 395
    13 56,408 570 399
    14 56,978 575 403
    15 57,553 581 407
    16 58,135 587 411
    17 58,722 593 415
    18 59,315 599 419
    19 59,914 605 424
    20 60,519 611 428
    TOTAL $11,130 $7,791
  • 6
    LOCAL CD
    0.15%
    -
    $50,000
    6 Month
    Credit Union
    0.22x (National Avg. - 0.69%)
    $100,000
     
    SCENARIO
    Year Rate
    0.15%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 75 53
    2 50,075 75 53
    3 50,150 75 53
    4 50,225 75 53
    5 50,301 75 53
    6 50,376 76 53
    7 50,452 76 53
    8 50,527 76 53
    9 50,603 76 53
    10 50,679 76 53
    11 50,755 76 53
    12 50,831 76 53
    13 50,907 76 53
    14 50,984 76 54
    15 51,060 77 54
    16 51,137 77 54
    17 51,214 77 54
    18 51,290 77 54
    19 51,367 77 54
    20 51,444 77 54
    TOTAL $1,522 $1,065
  • 7
    LOCAL CD
    0.80%
    -
    $50,000
    60 Month
    Credit Union
    0.88x (National Avg. - 0.91%)
    $100,000
     
    SCENARIO
    Year Rate
    0.80%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 400 280
    2 50,400 403 282
    3 50,803 406 284
    4 51,210 410 287
    5 51,619 413 289
    6 52,032 416 291
    7 52,449 420 294
    8 52,868 423 296
    9 53,291 426 298
    10 53,717 430 301
    11 54,147 433 303
    12 54,580 437 306
    13 55,017 440 308
    14 55,457 444 311
    15 55,901 447 313
    16 56,348 451 316
    17 56,799 454 318
    18 57,253 458 321
    19 57,711 462 323
    20 58,173 465 326
    TOTAL $8,638 $6,047
  • 8
    LOCAL CD
    0.90%
    -
    $50,000
    48 Month
    Credit Union
    0.95x (National Avg. - 0.95%)
    $100,000
     
    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
  • 9
    LOCAL CD
    0.65%
    -
    $50,000
    30 Month
    Credit Union
    N.A.
    $10,000
     
    SCENARIO
    Year Rate
    0.65%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 325 228
    2 50,325 327 229
    3 50,652 329 230
    4 50,981 331 232
    5 51,313 334 233
    6 51,646 336 235
    7 51,982 338 237
    8 52,320 340 238
    9 52,660 342 240
    10 53,002 345 241
    11 53,347 347 243
    12 53,693 349 244
    13 54,042 351 246
    14 54,394 354 247
    15 54,747 356 249
    16 55,103 358 251
    17 55,461 360 252
    18 55,822 363 254
    19 56,185 365 256
    20 56,550 368 257
    TOTAL $6,917 $4,842
  • 10
    LOCAL CD
    0.10%
    -
    $50,000
    6 Month
    Bank
    0.15x (National Avg. - 0.69%)
    $100,000
     
    SCENARIO
    Year Rate
    0.10%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 50 35
    2 50,050 50 35
    3 50,100 50 35
    4 50,150 50 35
    5 50,200 50 35
    6 50,251 50 35
    7 50,301 50 35
    8 50,351 50 35
    9 50,401 50 35
    10 50,452 50 35
    11 50,502 51 35
    12 50,553 51 35
    13 50,603 51 35
    14 50,654 51 35
    15 50,705 51 35
    16 50,755 51 36
    17 50,806 51 36
    18 50,857 51 36
    19 50,908 51 36
    20 50,959 51 36
    TOTAL $1,010 $707
  • 11
    LOCAL CD
    0.30%
    -
    $50,000
    18 Month
    Bank
    0.41x (National Avg. - 0.73%)
    $100,000
     
    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
  • 12
    LOCAL CD
    0.40%
    -
    $50,000
    18 Month
    Credit Union
    0.55x (National Avg. - 0.73%)
    $100,000
     
    SCENARIO
    Year Rate
    0.40%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 200 140
    2 50,200 201 141
    3 50,401 202 141
    4 50,602 202 142
    5 50,805 203 142
    6 51,008 204 143
    7 51,212 205 143
    8 51,417 206 144
    9 51,623 206 145
    10 51,829 207 145
    11 52,036 208 146
    12 52,245 209 146
    13 52,454 210 147
    14 52,663 211 147
    15 52,874 211 148
    16 53,085 212 149
    17 53,298 213 149
    18 53,511 214 150
    19 53,725 215 150
    20 53,940 216 151
    TOTAL $4,156 $2,909
  • 13
    LOCAL CD
    0.45%
    -
    $50,000
    48 Month
    Bank
    0.47x (National Avg. - 0.95%)
    $100,000
     
    SCENARIO
    Year Rate
    0.45%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 225 158
    2 50,225 226 158
    3 50,451 227 159
    4 50,678 228 160
    5 50,906 229 160
    6 51,135 230 161
    7 51,365 231 162
    8 51,596 232 163
    9 51,829 233 163
    10 52,062 234 164
    11 52,296 235 165
    12 52,531 236 165
    13 52,768 237 166
    14 53,005 239 167
    15 53,244 240 168
    16 53,483 241 168
    17 53,724 242 169
    18 53,966 243 170
    19 54,209 244 171
    20 54,453 245 172
    TOTAL $4,698 $3,288
  • 14
    LOCAL SAVINGS
    3.75%
    -
    $50,000
    N.A.
    Credit Union
    17.28x (National Avg. - 0.22%)
    $100,000
     
    SCENARIO
    Year Rate
    3.75%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 1,875 1,313
    2 51,875 1,945 1,362
    3 53,820 2,018 1,413
    4 55,839 2,094 1,466
    5 57,933 2,172 1,521
    6 60,105 2,254 1,578
    7 62,359 2,338 1,637
    8 64,697 2,426 1,698
    9 67,124 2,517 1,762
    10 69,641 2,612 1,828
    11 72,252 2,709 1,897
    12 74,962 2,811 1,968
    13 77,773 2,916 2,042
    14 80,689 3,026 2,118
    15 83,715 3,139 2,198
    16 86,854 3,257 2,280
    17 90,111 3,379 2,365
    18 93,491 3,506 2,454
    19 96,996 3,637 2,546
    20 100,634 3,774 2,642
    TOTAL $54,408 $38,085
  • 15
    LOCAL MONEY MARKET
    0.05%
    -
    $50,000
    N.A.
    Bank
    0.23x (National Avg. - 0.22%)
    $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
  • 16
    LOCAL CD
    1.27%
    -
    $50,000
    48 Month
    Credit Union
    1.34x (National Avg. - 0.95%)
    $100,000
     
    SCENARIO
    Year Rate
    1.27%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 635 445
    2 50,635 643 450
    3 51,278 651 456
    4 51,929 660 462
    5 52,589 668 468
    6 53,257 676 473
    7 53,933 685 479
    8 54,618 694 486
    9 55,312 702 492
    10 56,014 711 498
    11 56,725 720 504
    12 57,446 730 511
    13 58,175 739 517
    14 58,914 748 524
    15 59,662 758 530
    16 60,420 767 537
    17 61,188 777 544
    18 61,965 787 551
    19 62,752 797 558
    20 63,549 807 565
    TOTAL $14,356 $10,049
  • 17
    LOCAL CD
    1.11%
    -
    $50,000
    60 Month
    Bank
    1.22x (National Avg. - 0.91%)
    $10,000
     
    SCENARIO
    Year Rate
    1.11%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 555 389
    2 50,555 561 393
    3 51,116 567 397
    4 51,684 574 402
    5 52,257 580 406
    6 52,837 586 411
    7 53,424 593 415
    8 54,017 600 420
    9 54,616 606 424
    10 55,223 613 429
    11 55,836 620 434
    12 56,455 627 439
    13 57,082 634 444
    14 57,716 641 448
    15 58,356 648 453
    16 59,004 655 458
    17 59,659 662 464
    18 60,321 670 469
    19 60,991 677 474
    20 61,668 685 479
    TOTAL $12,352 $8,647
  • 18
    LOCAL CD
    0.71%
    -
    $50,000
    60 Month
    Bank
    0.78x (National Avg. - 0.91%)
    $10,000
     
    SCENARIO
    Year Rate
    0.71%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 355 249
    2 50,355 358 250
    3 50,713 360 252
    4 51,073 363 254
    5 51,435 365 256
    6 51,800 368 257
    7 52,168 370 259
    8 52,539 373 261
    9 52,912 376 263
    10 53,287 378 265
    11 53,666 381 267
    12 54,047 384 269
    13 54,430 386 271
    14 54,817 389 272
    15 55,206 392 274
    16 55,598 395 276
    17 55,993 398 278
    18 56,390 400 280
    19 56,791 403 282
    20 57,194 406 284
    TOTAL $7,600 $5,320
  • 19
    LOCAL CD
    0.70%
    -
    $50,000
    12 Month
    Credit Union
    0.84x (National Avg. - 0.84%)
    $100,000
     
    SCENARIO
    Year Rate
    0.70%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 350 245
    2 50,350 352 247
    3 50,702 355 248
    4 51,057 357 250
    5 51,415 360 252
    6 51,775 362 254
    7 52,137 365 255
    8 52,502 368 257
    9 52,870 370 259
    10 53,240 373 261
    11 53,612 375 263
    12 53,988 378 265
    13 54,366 381 266
    14 54,746 383 268
    15 55,129 386 270
    16 55,515 389 272
    17 55,904 391 274
    18 56,295 394 276
    19 56,689 397 278
    20 57,086 400 280
    TOTAL $7,486 $5,240
  • 20
    LOCAL CD
    0.60%
    -
    $50,000
    36 Month
    Credit Union
    0.69x (National Avg. - 0.87%)
    $1,000
     
    SCENARIO
    Year Rate
    0.60%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 300 210
    2 50,300 302 211
    3 50,602 304 213
    4 50,905 305 214
    5 51,211 307 215
    6 51,518 309 216
    7 51,827 311 218
    8 52,138 313 219
    9 52,451 315 220
    10 52,766 317 222
    11 53,082 318 223
    12 53,401 320 224
    13 53,721 322 226
    14 54,044 324 227
    15 54,368 326 228
    16 54,694 328 230
    17 55,022 330 231
    18 55,352 332 232
    19 55,684 334 234
    20 56,019 336 235
    TOTAL $6,355 $4,448
  • 21
    LOCAL CD
    1.00%
    -
    $50,000
    36 Month
    Credit Union
    1.15x (National Avg. - 0.87%)
    $100,000
     
    SCENARIO
    Year Rate
    1.00%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 500 350
    2 50,500 505 354
    3 51,005 510 357
    4 51,515 515 361
    5 52,030 520 364
    6 52,551 526 368
    7 53,076 531 372
    8 53,607 536 375
    9 54,143 541 379
    10 54,684 547 383
    11 55,231 552 387
    12 55,783 558 390
    13 56,341 563 394
    14 56,905 569 398
    15 57,474 575 402
    16 58,048 580 406
    17 58,629 586 410
    18 59,215 592 415
    19 59,807 598 419
    20 60,405 604 423
    TOTAL $11,010 $7,707
  • 22
    LOCAL CD
    0.90%
    -
    $50,000
    12 Month
    Credit Union
    1.07x (National Avg. - 0.84%)
    $100,000
     
    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
  • 23
    LOCAL CD
    0.12%
    -
    $50,000
    36 Month
    Bank
    0.14x (National Avg. - 0.87%)
    $10,000
     
    SCENARIO
    Year Rate
    0.12%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 60 42
    2 50,060 60 42
    3 50,120 60 42
    4 50,180 60 42
    5 50,240 60 42
    6 50,301 60 42
    7 50,361 60 42
    8 50,422 61 42
    9 50,482 61 42
    10 50,543 61 42
    11 50,603 61 43
    12 50,664 61 43
    13 50,725 61 43
    14 50,786 61 43
    15 50,847 61 43
    16 50,908 61 43
    17 50,969 61 43
    18 51,030 61 43
    19 51,091 61 43
    20 51,152 61 43
    TOTAL $1,214 $850
  • 24
    LOCAL CD
    1.00%
    -
    $50,000
    3 Month
    Credit Union
    0.07x (National Avg. - 15.29%)
    $10,000
     
    SCENARIO
    Year Rate
    1.00%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 500 350
    2 50,500 505 354
    3 51,005 510 357
    4 51,515 515 361
    5 52,030 520 364
    6 52,551 526 368
    7 53,076 531 372
    8 53,607 536 375
    9 54,143 541 379
    10 54,684 547 383
    11 55,231 552 387
    12 55,783 558 390
    13 56,341 563 394
    14 56,905 569 398
    15 57,474 575 402
    16 58,048 580 406
    17 58,629 586 410
    18 59,215 592 415
    19 59,807 598 419
    20 60,405 604 423
    TOTAL $11,010 $7,707
  • 25
    LOCAL MONEY MARKET
    1.65%
    -
    $50,000
    N.A.
    Credit Union
    0.11x (National Avg. - 15.29%)
    $150,000
     
    SCENARIO
    Year Rate
    1.65%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 825 578
    2 50,825 839 587
    3 51,664 852 597
    4 52,516 867 607
    5 53,383 881 617
    6 54,263 895 627
    7 55,159 910 637
    8 56,069 925 648
    9 56,994 940 658
    10 57,934 956 669
    11 58,890 972 680
    12 59,862 988 691
    13 60,850 1,004 703
    14 61,854 1,021 714
    15 62,874 1,037 726
    16 63,912 1,055 738
    17 64,966 1,072 750
    18 66,038 1,090 763
    19 67,128 1,108 775
    20 68,235 1,126 788
    TOTAL $19,361 $13,553
  • 26
    LOCAL CD
    1.35%
    -
    $50,000
    24 Month
    Credit Union
    1.42x (National Avg. - 0.95%)
    $75,000
     
    SCENARIO
    Year Rate
    1.35%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 675 473
    2 50,675 684 479
    3 51,359 693 485
    4 52,052 703 492
    5 52,755 712 499
    6 53,467 722 505
    7 54,189 732 512
    8 54,921 741 519
    9 55,662 751 526
    10 56,414 762 533
    11 57,175 772 540
    12 57,947 782 548
    13 58,729 793 555
    14 59,522 804 562
    15 60,326 814 570
    16 61,140 825 578
    17 61,966 837 586
    18 62,802 848 593
    19 63,650 859 601
    20 64,509 871 610
    TOTAL $15,380 $10,766

    All calculations are for demonstration purposes only.

    Featured CD Rates

    ONLINE BANKS APY? MIN?

    5 Month CD Special. Must be linked to a standard consumer or business checking account in which 12.6% of the total combined balance is maintained. Otherwise APY is 5.25%.

    Last change: ↓0.15% on May 13.
    3 Month CD.

    Last change: ↑0.09% on March 12.
    6 Month Jumbo CD.

    Last change: ↓0.05% on May 9.

    Last change: ↓0.36% on March 12.
    Early Withdrawal Penalty is 3 months interest.