Compare Savings vs. CDs
Comparison of Deposit Account from Community Bank of the Chesapeake with 0.60% - July 2025


Long-Term Analysis of Community Bank of the Chesapeake with 0.60% APY and NAVIGATOR CU with 0.48% 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
    0.60%
    -
    $50,000
    60 Month
    Bank
    0.65x (National Avg. - 0.92%)
    $100,000
     
    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
  • 2
    LOCAL CD
    0.48%
    -
    $50,000
    6 Month
    Credit Union
    1.16x (National Avg. - 0.41%)
    $25,000
     
    SCENARIO
    Year Rate
    0.48%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 238 166
    2 50,238 239 167
    3 50,476 240 168
    4 50,716 241 169
    5 50,957 242 169
    6 51,199 243 170
    7 51,442 244 171
    8 51,686 246 172
    9 51,932 247 173
    10 52,179 248 173
    11 52,426 249 174
    12 52,675 250 175
    13 52,926 251 176
    14 53,177 253 177
    15 53,430 254 178
    16 53,683 255 178
    17 53,938 256 179
    18 54,195 257 180
    19 54,452 259 181
    20 54,711 260 182
    TOTAL $4,971 $3,479

    All calculations are for demonstration purposes only.

    Featured CD Rates

    ONLINE BANKS APY? MIN?

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

    Last change: ↑0.06% on June 24.

    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.