Compare Savings vs. CDs
Comparison of Deposit Account from EVERWISE with 2.22% - June 2025


Long-Term Analysis of CREDIT UNION 1 with 1.41% APY and First State Bank with 1.26% APY and EVERWISE with 2.22% 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
    1.41%
    -
    $50,000
    60 Month
    Credit Union
    1.53x (National Avg. - 0.92%)
    $100,000
     
    SCENARIO
    Year Rate
    1.41%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 705 494
    2 50,705 715 500
    3 51,420 725 508
    4 52,145 735 515
    5 52,880 746 522
    6 53,626 756 529
    7 54,382 767 537
    8 55,149 778 544
    9 55,926 789 552
    10 56,715 800 560
    11 57,515 811 568
    12 58,326 822 576
    13 59,148 834 584
    14 59,982 846 592
    15 60,828 858 600
    16 61,685 870 609
    17 62,555 882 617
    18 63,437 894 626
    19 64,332 907 635
    20 65,239 920 644
    TOTAL $16,159 $11,311
  • 2
    LOCAL CD
    1.26%
    -
    $50,000
    60 Month
    Bank
    1.37x (National Avg. - 0.92%)
    $100,000
     
    SCENARIO
    Year Rate
    1.26%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 630 441
    2 50,630 638 447
    3 51,268 646 452
    4 51,914 654 458
    5 52,568 662 464
    6 53,230 671 469
    7 53,901 679 475
    8 54,580 688 481
    9 55,268 696 487
    10 55,964 705 494
    11 56,669 714 500
    12 57,384 723 506
    13 58,107 732 512
    14 58,839 741 519
    15 59,580 751 525
    16 60,331 760 532
    17 61,091 770 539
    18 61,861 779 546
    19 62,640 789 552
    20 63,429 799 559
    TOTAL $14,229 $9,960
  • 3
    LOCAL CD
    2.22%
    -
    $50,000
    24 Month
    Credit Union
    3.36x (National Avg. - 0.66%)
    $500
     
    SCENARIO
    Year Rate
    2.22%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 1,110 777
    2 51,110 1,135 794
    3 52,245 1,160 812
    4 53,404 1,186 830
    5 54,590 1,212 848
    6 55,802 1,239 867
    7 57,041 1,266 886
    8 58,307 1,294 906
    9 59,601 1,323 926
    10 60,925 1,353 947
    11 62,277 1,383 968
    12 63,660 1,413 989
    13 65,073 1,445 1,011
    14 66,518 1,477 1,034
    15 67,994 1,509 1,057
    16 69,504 1,543 1,080
    17 71,047 1,577 1,104
    18 72,624 1,612 1,129
    19 74,236 1,648 1,154
    20 75,884 1,685 1,179
    TOTAL $27,569 $19,298

    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.