Compare Savings vs. CDs
Comparison of Deposit Account from Legacy National Bank with 0.95% - May 2025


Long-Term Analysis of Legacy National Bank with 0.95% APY and GTE with 1.57% 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
    0.95%
    -
    $50,000
    48 Month
    Bank
    1.16x (National Avg. - 0.82%)
    $100,000
     
    SCENARIO
    Year Rate
    0.95%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 475 333
    2 50,475 480 336
    3 50,955 484 339
    4 51,439 489 342
    5 51,927 493 345
    6 52,421 498 349
    7 52,919 503 352
    8 53,421 508 355
    9 53,929 512 359
    10 54,441 517 362
    11 54,958 522 365
    12 55,480 527 369
    13 56,007 532 372
    14 56,540 537 376
    15 57,077 542 380
    16 57,619 547 383
    17 58,166 553 387
    18 58,719 558 390
    19 59,277 563 394
    20 59,840 568 398
    TOTAL $10,408 $7,286
  • 2
    LOCAL MONEY MARKET
    1.57%
    -
    $50,000
    N.A.
    Credit Union
    1.92x (National Avg. - 0.82%)
    $250,000
     
    SCENARIO
    Year Rate
    1.57%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 785 550
    2 50,785 797 558
    3 51,582 810 567
    4 52,392 823 576
    5 53,215 835 585
    6 54,050 849 594
    7 54,899 862 603
    8 55,761 875 613
    9 56,636 889 622
    10 57,525 903 632
    11 58,428 917 642
    12 59,346 932 652
    13 60,278 946 662
    14 61,224 961 673
    15 62,185 976 683
    16 63,161 992 694
    17 64,153 1,007 705
    18 65,160 1,023 716
    19 66,183 1,039 727
    20 67,222 1,055 739
    TOTAL $18,278 $12,794

    All calculations are for demonstration purposes only.

    Featured CD Rates

    ONLINE BANKS APY? MIN?

    Last change: ↓0.50% on October 1, 2024.

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    6 Month Jumbo CD.

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