Compare Savings vs. CDs
Comparison of Deposit Account from First National Bank of Gillette with 0.20% - July 2025


Long-Term Analysis of First National Bank of Gillette with 0.20% APY and POSTEL FAMILY with 0.75% 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 SAVINGS
    0.20%
    -
    $50,000
    N.A.
    Bank
    0.89x (National Avg. - 0.23%)
    $1
     
    SCENARIO
    Year Rate
    0.20%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 100 70
    2 50,100 100 70
    3 50,200 100 70
    4 50,301 101 70
    5 50,401 101 71
    6 50,502 101 71
    7 50,603 101 71
    8 50,704 101 71
    9 50,806 102 71
    10 50,907 102 71
    11 51,009 102 71
    12 51,111 102 72
    13 51,213 102 72
    14 51,316 103 72
    15 51,418 103 72
    16 51,521 103 72
    17 51,624 103 72
    18 51,727 103 72
    19 51,831 104 73
    20 51,935 104 73
    TOTAL $2,038 $1,427
  • 2
    LOCAL CD
    0.75%
    -
    $50,000
    18 Month
    Credit Union
    1.30x (National Avg. - 0.58%)
    $100,000
     
    SCENARIO
    Year Rate
    0.75%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 377 264
    2 50,377 379 266
    3 50,756 382 268
    4 51,138 385 270
    5 51,523 388 272
    6 51,911 391 274
    7 52,302 394 276
    8 52,696 397 278
    9 53,093 400 280
    10 53,492 403 282
    11 53,895 406 284
    12 54,301 409 286
    13 54,710 412 288
    14 55,122 415 291
    15 55,537 418 293
    16 55,955 421 295
    17 56,376 425 297
    18 56,801 428 299
    19 57,229 431 302
    20 57,660 434 304
    TOTAL $8,094 $5,666

    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.