Compare Savings vs. CDs
Comparison of Deposit Account from Centera Bank with 2.26% - April 2024


Long-Term Analysis of Centera Bank with 2.26% 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
    2.26%
    -
    $50,000
    36 Month
    Bank
    3.02x (National Avg. - 0.75%)
    $500
     
    SCENARIO
    Year Rate
    2.26%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 1,130 791
    2 51,130 1,156 809
    3 52,286 1,182 827
    4 53,467 1,208 846
    5 54,676 1,236 865
    6 55,911 1,264 885
    7 57,175 1,292 905
    8 58,467 1,321 925
    9 59,788 1,351 946
    10 61,140 1,382 967
    11 62,521 1,413 989
    12 63,934 1,445 1,011
    13 65,379 1,478 1,034
    14 66,857 1,511 1,058
    15 68,368 1,545 1,082
    16 69,913 1,580 1,106
    17 71,493 1,616 1,131
    18 73,109 1,652 1,157
    19 74,761 1,690 1,183
    20 76,450 1,728 1,209
    TOTAL $28,178 $19,725

    All calculations are for demonstration purposes only.

    Featured CD Rates

    ONLINE BANKS APY? MIN?

    6 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: ↑0.46% on December 15, 2023.
    3 Month CD.

    Last change: ↑0.60% on April 19.
    Warning: Early Withdrawal Penalty is 12 Months interest.

    Last change: ↑0.20% on September 8, 2023.
    6 Month CD.

    Last change: ↓0.05% on March 15.
    3 Month CD.