Compare Savings vs. CDs
Comparison of Deposit Account from ELECTRIC COOPERATIVES with 0.25% - May 2024


Long-Term Analysis of ELECTRIC COOPERATIVES with 0.25% 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
    0.25%
    -
    $50,000
    24 Month
    Credit Union
    0.27x (National Avg. - 0.95%)
    $10,000
     
    SCENARIO
    Year Rate
    0.25%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 127 89
    2 50,127 127 89
    3 50,254 128 89
    4 50,382 128 90
    5 50,510 128 90
    6 50,638 129 90
    7 50,767 129 90
    8 50,896 129 90
    9 51,025 130 91
    10 51,155 130 91
    11 51,285 130 91
    12 51,415 131 91
    13 51,545 131 92
    14 51,676 131 92
    15 51,808 132 92
    16 51,939 132 92
    17 52,071 132 93
    18 52,203 133 93
    19 52,336 133 93
    20 52,469 133 93
    TOTAL $2,602 $1,822

    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: ↓0.15% 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.