Compare Savings vs. CDs
Comparison of Deposit Account from GENISYS with 3.89% - April 2024


Long-Term Analysis of GENISYS with 3.89% 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
    3.89%
    -
    $50,000
    48 Month
    Credit Union
    4.81x (National Avg. - 0.81%)
    $500
     
    SCENARIO
    Year Rate
    3.89%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 1,945 1,362
    2 51,945 2,021 1,414
    3 53,966 2,099 1,469
    4 56,065 2,181 1,527
    5 58,246 2,266 1,586
    6 60,512 2,354 1,648
    7 62,866 2,445 1,712
    8 65,311 2,541 1,778
    9 67,852 2,639 1,848
    10 70,491 2,742 1,919
    11 73,233 2,849 1,994
    12 76,082 2,960 2,072
    13 79,041 3,075 2,152
    14 82,116 3,194 2,236
    15 85,310 3,319 2,323
    16 88,629 3,448 2,413
    17 92,077 3,582 2,507
    18 95,659 3,721 2,605
    19 99,380 3,866 2,706
    20 103,246 4,016 2,811
    TOTAL $57,262 $40,083

    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: ↑0.46% on December 15, 2023.
    3 Month CD.

    Last change: ↑0.60% on April 19.
    Warning: Early Withdrawal Penalty is 12 Months interest.

    Last change: ↑0.20% on September 8, 2023.
    6 Month CD.

    Last change: ↓0.05% on March 15.
    3 Month CD.