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Comparison of Deposit Account from First National Bank with 0.75% - May 2024


Long-Term Analysis of First National Bank with 0.75% APY and First Citizens Community Bank with 0.55% APY and GATEWAY with 0.05% APY and PALMETTO FIRST with 0.80% APY and Richland State Bank with 0.40% APY and Elizabethton Federal Savings Bank with 4.08% APY and O BEE with 0.30% APY and Royal Bank with 0.05% 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

 
$
PRODUCT
BANK
APY
STATE
AMOUNT
TERM
BANK TYPE
VS.NAT.AV.
MIN
  • 1
    LOCAL CD
    First National Bank
    0.75%
    -
    $50,000
    18 Month
    Bank
    1.03x (National Avg. - 0.73%)
    $10,000
     
    SCENARIO
    Year Rate
    0.75%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 375 263
    2 50,375 378 264
    3 50,753 381 266
    4 51,133 384 268
    5 51,517 386 270
    6 51,903 389 272
    7 52,293 392 275
    8 52,685 395 277
    9 53,080 398 279
    10 53,478 401 281
    11 53,879 404 283
    12 54,283 407 285
    13 54,690 410 287
    14 55,101 413 289
    15 55,514 416 291
    16 55,930 419 294
    17 56,350 423 296
    18 56,772 426 298
    19 57,198 429 300
    20 57,627 432 303
    TOTAL $8,059 $5,641
  • 2
    LOCAL CD
    First Citizens Community Bank
    0.55%
    -
    $50,000
    18 Month
    Bank
    0.76x (National Avg. - 0.73%)
    $100,000
     
    SCENARIO
    Year Rate
    0.55%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 275 193
    2 50,275 277 194
    3 50,552 278 195
    4 50,830 280 196
    5 51,109 281 197
    6 51,390 283 198
    7 51,673 284 199
    8 51,957 286 200
    9 52,243 287 201
    10 52,530 289 202
    11 52,819 291 203
    12 53,110 292 204
    13 53,402 294 206
    14 53,695 295 207
    15 53,991 297 208
    16 54,288 299 209
    17 54,586 300 210
    18 54,886 302 211
    19 55,188 304 212
    20 55,492 305 214
    TOTAL $5,797 $4,058
  • 3
    LOCAL SAVINGS
    GATEWAY
    0.05%
    -
    $50,000
    N.A.
    Credit Union
    0.23x (National Avg. - 0.22%)
    $2,500
     
    SCENARIO
    Year Rate
    0.05%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 25 18
    2 50,025 25 18
    3 50,050 25 18
    4 50,075 25 18
    5 50,100 25 18
    6 50,125 25 18
    7 50,150 25 18
    8 50,175 25 18
    9 50,200 25 18
    10 50,225 25 18
    11 50,251 25 18
    12 50,276 25 18
    13 50,301 25 18
    14 50,326 25 18
    15 50,351 25 18
    16 50,376 25 18
    17 50,402 25 18
    18 50,427 25 18
    19 50,452 25 18
    20 50,477 25 18
    TOTAL $502 $352
  • 4
    LOCAL CD
    PALMETTO FIRST
    0.80%
    -
    $50,000
    36 Month
    Credit Union
    0.92x (National Avg. - 0.87%)
    $100,000
     
    SCENARIO
    Year Rate
    0.80%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 400 280
    2 50,400 403 282
    3 50,803 406 284
    4 51,210 410 287
    5 51,619 413 289
    6 52,032 416 291
    7 52,449 420 294
    8 52,868 423 296
    9 53,291 426 298
    10 53,717 430 301
    11 54,147 433 303
    12 54,580 437 306
    13 55,017 440 308
    14 55,457 444 311
    15 55,901 447 313
    16 56,348 451 316
    17 56,799 454 318
    18 57,253 458 321
    19 57,711 462 323
    20 58,173 465 326
    TOTAL $8,638 $6,047
  • 5
    LOCAL CD
    Richland State Bank
    0.40%
    -
    $50,000
    6 Month
    Bank
    0.58x (National Avg. - 0.69%)
    $10,000
     
    SCENARIO
    Year Rate
    0.40%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 200 140
    2 50,200 201 141
    3 50,401 202 141
    4 50,602 202 142
    5 50,805 203 142
    6 51,008 204 143
    7 51,212 205 143
    8 51,417 206 144
    9 51,623 206 145
    10 51,829 207 145
    11 52,036 208 146
    12 52,245 209 146
    13 52,454 210 147
    14 52,663 211 147
    15 52,874 211 148
    16 53,085 212 149
    17 53,298 213 149
    18 53,511 214 150
    19 53,725 215 150
    20 53,940 216 151
    TOTAL $4,156 $2,909
  • 6
    LOCAL CD
    Elizabethton Federal Savings Bank
    4.08%
    -
    $50,000
    12 Month
    Bank
    4.87x (National Avg. - 0.84%)
    $500
     
    SCENARIO
    Year Rate
    4.08%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 2,040 1,428
    2 52,040 2,123 1,486
    3 54,163 2,210 1,547
    4 56,373 2,300 1,610
    5 58,673 2,394 1,676
    6 61,067 2,492 1,744
    7 63,559 2,593 1,815
    8 66,152 2,699 1,889
    9 68,851 2,809 1,966
    10 71,660 2,924 2,047
    11 74,584 3,043 2,130
    12 77,627 3,167 2,217
    13 80,794 3,296 2,307
    14 84,090 3,431 2,402
    15 87,521 3,571 2,500
    16 91,092 3,717 2,602
    17 94,808 3,868 2,708
    18 98,677 4,026 2,818
    19 102,703 4,190 2,933
    20 106,893 4,361 3,053
    TOTAL $61,254 $42,878
  • 7
    LOCAL CD
    O BEE
    0.30%
    -
    $50,000
    6 Month
    Credit Union
    0.44x (National Avg. - 0.69%)
    $100,000
     
    SCENARIO
    Year Rate
    0.30%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 150 105
    2 50,150 150 105
    3 50,300 151 106
    4 50,451 151 106
    5 50,603 152 106
    6 50,755 152 107
    7 50,907 153 107
    8 51,059 153 107
    9 51,213 154 108
    10 51,366 154 108
    11 51,520 155 108
    12 51,675 155 109
    13 51,830 155 109
    14 51,985 156 109
    15 52,141 156 109
    16 52,298 157 110
    17 52,455 157 110
    18 52,612 158 110
    19 52,770 158 111
    20 52,928 159 111
    TOTAL $3,087 $2,161
  • 8
    LOCAL CD
    Royal Bank
    0.05%
    -
    $50,000
    6 Month
    Bank
    0.07x (National Avg. - 0.69%)
    $100,000
     
    SCENARIO
    Year Rate
    0.05%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 25 18
    2 50,025 25 18
    3 50,050 25 18
    4 50,075 25 18
    5 50,100 25 18
    6 50,125 25 18
    7 50,150 25 18
    8 50,175 25 18
    9 50,200 25 18
    10 50,225 25 18
    11 50,251 25 18
    12 50,276 25 18
    13 50,301 25 18
    14 50,326 25 18
    15 50,351 25 18
    16 50,376 25 18
    17 50,402 25 18
    18 50,427 25 18
    19 50,452 25 18
    20 50,477 25 18
    TOTAL $502 $352

    All calculations are for demonstration purposes only.

    Featured CD Rates

    ONLINE BANKS APY? MIN?

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