Compare Savings vs. CDs
Comparison of Deposit Account from Department of Commerce with 2.08%
- October 2026
Long-Term Analysis of Department of Commerce with 2.02% APY and Department of Commerce with 2.08% 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
- 1LOCAL CD2.02%-$50,00012 MonthCredit Union3.67x (National Avg. - 0.55%)$500SCENARIO
Year Rate
2.02%Annual
InterestAnnual Interest
(After Tax)1 50,000 1,010 707 2 51,010 1,030 721 3 52,040 1,051 736 4 53,092 1,072 751 5 54,164 1,094 766 6 55,258 1,116 781 7 56,374 1,139 797 8 57,513 1,162 813 9 58,675 1,185 830 10 59,860 1,209 846 11 61,069 1,234 864 12 62,303 1,259 881 13 63,561 1,284 899 14 64,845 1,310 917 15 66,155 1,336 935 16 67,492 1,363 954 17 68,855 1,391 974 18 70,246 1,419 993 19 71,665 1,448 1,013 20 73,112 1,477 1,034 TOTAL $24,589 $17,212 - 2ONLINE CD2.08%-$50,00048 MonthCredit Union2.53x (National Avg. - 0.82%)$500SCENARIO
Year Rate
2.08%Annual
InterestAnnual Interest
(After Tax)1 50,000 1,040 728 2 51,040 1,062 743 3 52,102 1,084 759 4 53,185 1,106 774 5 54,292 1,129 790 6 55,421 1,153 807 7 56,574 1,177 824 8 57,750 1,201 841 9 58,952 1,226 858 10 60,178 1,252 876 11 61,429 1,278 894 12 62,707 1,304 913 13 64,011 1,331 932 14 65,343 1,359 951 15 66,702 1,387 971 16 68,089 1,416 991 17 69,506 1,446 1,012 18 70,951 1,476 1,033 19 72,427 1,506 1,055 20 73,934 1,538 1,076 TOTAL $25,472 $17,830
All calculations are for demonstration purposes only.
Featured CD Rates
Advertiser Disclosure| ONLINE BANKS | APY? | MIN? | ||
|---|---|---|---|---|
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4.50% | $100,000 |
Learn More on the North American Savings Bank, F.S.B. website |
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Take your savings to the next level with our 12-month online CD special! 12-Month |
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4.95% |
$10,000 |
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Last change: ↑0.45% on October 1. |
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4.85% |
$10,000 |
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Last change: ↑0.35% on October 1. |
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4.80% |
$10,000 |
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Last change: ↑0.30% on October 1. |
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4.65% |
$1,000 |
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Last change: ↑0.35% on September 25. |
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