Compare Savings vs. CDs
Comparison of Deposit Account from BRAGG MUTUAL with 1.00% - June 2025


Long-Term Analysis of BRAGG MUTUAL with 1.00% APY and Amalgamated Bank with 3.38% 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
    1.00%
    -
    $50,000
    48 Month
    Credit Union
    1.22x (National Avg. - 0.82%)
    $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
  • 2
    LOCAL CD
    3.38%
    -
    $50,000
    6 Month
    Online Bank
    8.26x (National Avg. - 0.41%)
    $500
     
    SCENARIO
    Year Rate
    3.38%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 1,690 1,183
    2 51,690 1,747 1,223
    3 53,437 1,806 1,264
    4 55,243 1,867 1,307
    5 57,111 1,930 1,351
    6 59,041 1,996 1,397
    7 61,036 2,063 1,444
    8 63,099 2,133 1,493
    9 65,232 2,205 1,543
    10 67,437 2,279 1,596
    11 69,716 2,356 1,649
    12 72,073 2,436 1,705
    13 74,509 2,518 1,763
    14 77,027 2,604 1,822
    15 79,631 2,692 1,884
    16 82,322 2,782 1,948
    17 85,105 2,877 2,014
    18 87,981 2,974 2,082
    19 90,955 3,074 2,152
    20 94,029 3,178 2,225
    TOTAL $47,208 $33,045

    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.