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Comparison of Deposit Account from First Bank of the Lake with 4.85% - May 2025

Long-Term Analysis of First Bank of the Lake with 4.85% APY and CONSUMER with 0.50% APY and One American Bank with 1.96% 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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Amount

Type

Term

State

Product Name

PRODUCT

BANK

APY

STATE

AMOUNT

TERM

BANK TYPE

VS.NAT.AV.

MIN

LOCAL CD

First Bank of the Lake

4.85%

$50,000

12 Month

Bank

8.80x (National Avg. - 0.55%)

$5,000

SCENARIO

Year	Rate 4.85%	Annual Interest	Annual Interest (After Tax)
1	50,000	2,425	1,698
2	52,425	2,543	1,780
3	54,968	2,666	1,866
4	57,634	2,795	1,957
5	60,429	2,931	2,052
6	63,360	3,073	2,151
7	66,433	3,222	2,255
8	69,654	3,378	2,365
9	73,033	3,542	2,479
10	76,575	3,714	2,600
11	80,289	3,894	2,726
12	84,183	4,083	2,858
13	88,266	4,281	2,997
14	92,546	4,489	3,142
15	97,035	4,706	3,294
16	101,741	4,934	3,454
17	106,676	5,174	3,622
18	111,849	5,425	3,797
19	117,274	5,688	3,981
20	122,962	5,964	4,175
	TOTAL	$78,925	$55,248

LOCAL CD

CONSUMER

0.50%

$50,000

6 Month

Credit Union

1.23x (National Avg. - 0.41%)

$10,000

SCENARIO

Year	Rate 0.50%	Annual Interest	Annual Interest (After Tax)
1	50,000	250	175
2	50,250	251	176
3	50,501	253	177
4	50,754	254	178
5	51,008	255	179
6	51,263	256	179
7	51,519	258	180
8	51,776	259	181
9	52,035	260	182
10	52,296	261	183
11	52,557	263	184
12	52,820	264	185
13	53,084	265	186
14	53,349	267	187
15	53,616	268	188
16	53,884	269	189
17	54,154	271	190
18	54,424	272	190
19	54,696	273	191
20	54,970	275	192
	TOTAL	$5,245	$3,671

LOCAL CD

One American Bank

1.96%

$50,000

13 Month

Bank

N.A.

$5,000

SCENARIO

Year	Rate 1.96%	Annual Interest	Annual Interest (After Tax)
1	50,000	980	686
2	50,980	999	699
3	51,979	1,019	713
4	52,998	1,039	727
5	54,037	1,059	741
6	55,096	1,080	756
7	56,176	1,101	771
8	57,277	1,123	786
9	58,399	1,145	801
10	59,544	1,167	817
11	60,711	1,190	833
12	61,901	1,213	849
13	63,114	1,237	866
14	64,351	1,261	883
15	65,613	1,286	900
16	66,899	1,311	918
17	68,210	1,337	936
18	69,547	1,363	954
19	70,910	1,390	973
20	72,300	1,417	992
	TOTAL	$23,717	$16,602

All calculations are for demonstration purposes only.

Featured CD Rates

ONLINE BANKS	APY^?	MIN^?
Brilliant Bank, a division of Equity Bank	4.55%	$1,000	Learn More
Last change: ↓0.50% on October 1, 2024.
ableBanking, a division of Northeast Bank	4.50%	$500	Learn More
Last change: ↑0.20% on January 18.
My e-Banc, a division of Bradesco BAC Florida Bank	4.50%	$50,000	Learn More
Last change: ↓0.05% on April 30. 6 Month Jumbo CD.
Finworth, a division of InsBank	4.50%	$50,000	Learn More
Last change: ↑0.20% on April 9.
Goldman Sachs Bank	4.50%	$500	Learn More
Last change: ↓0.50% on February 25.

Compare Savings vs. CDs Comparison of Deposit Account from First Bank of the Lake with 4.85% - May 2025

Long-Term Analysis of First Bank of the Lake with 4.85% APY and CONSUMER with 0.50% APY and One American Bank with 1.96% APY

Featured CD Rates

Compare Savings vs. CDs
Comparison of Deposit Account from First Bank of the Lake with 4.85% - May 2025