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Comparison of Deposit Account from MAGNIFI FINANCIAL with 3.55% - June 2025


Long-Term Analysis of Bank of the West with 0.20% APY and Hoyne Savings Bank with 0.05% APY and First Federal Bank of Kansas City with 2.02% APY and MAGNIFI FINANCIAL with 3.40% APY and North Shore Bank of Commerce with 0.20% APY and Kearney Trust Company with 0.60% APY and Carter Bank & Trust with 0.10% APY and Washington Savings Bank with 2.25% APY and MAGNIFI FINANCIAL with 3.55% 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
    Bank of the West
    0.20%
    -
    $50,000
    30 Month
    Bank
    N.A.
    $100,000
     
    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 MONEY MARKET
    Hoyne Savings Bank
    0.05%
    -
    $50,000
    N.A.
    Bank
    N.A.
    $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
  • 3
    LOCAL CD
    First Federal Bank of Kansas City
    2.02%
    -
    $50,000
    30 Month
    Bank
    N.A.
    $1,000
     
    SCENARIO
    Year Rate
    2.02%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 1,010 707
    2 51,010 1,030 721
    3 52,040 1,051 736
    4 53,092 1,072 751
    5 54,164 1,094 766
    6 55,258 1,116 781
    7 56,374 1,139 797
    8 57,513 1,162 813
    9 58,675 1,185 830
    10 59,860 1,209 846
    11 61,069 1,234 864
    12 62,303 1,259 881
    13 63,561 1,284 899
    14 64,845 1,310 917
    15 66,155 1,336 935
    16 67,492 1,363 954
    17 68,855 1,391 974
    18 70,246 1,419 993
    19 71,665 1,448 1,013
    20 73,112 1,477 1,034
    TOTAL $24,589 $17,212
  • 4
    LOCAL CD
    MAGNIFI FINANCIAL
    3.40%
    -
    $50,000
    36 Month
    Credit Union
    4.51x (National Avg. - 0.75%)
    $500
     
    SCENARIO
    Year Rate
    3.40%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 1,700 1,190
    2 51,700 1,758 1,230
    3 53,458 1,818 1,272
    4 55,275 1,879 1,316
    5 57,155 1,943 1,360
    6 59,098 2,009 1,407
    7 61,107 2,078 1,454
    8 63,185 2,148 1,504
    9 65,333 2,221 1,555
    10 67,555 2,297 1,608
    11 69,851 2,375 1,662
    12 72,226 2,456 1,719
    13 74,682 2,539 1,777
    14 77,221 2,626 1,838
    15 79,847 2,715 1,900
    16 82,562 2,807 1,965
    17 85,369 2,903 2,032
    18 88,271 3,001 2,101
    19 91,272 3,103 2,172
    20 94,376 3,209 2,246
    TOTAL $47,584 $33,309
  • 5
    LOCAL CD
    North Shore Bank of Commerce
    0.20%
    -
    $50,000
    6 Month
    Bank
    0.49x (National Avg. - 0.41%)
    $100,000
     
    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
  • 6
    LOCAL CD
    Kearney Trust Company
    0.60%
    -
    $50,000
    48 Month
    Bank
    0.73x (National Avg. - 0.82%)
    $100,000
     
    SCENARIO
    Year Rate
    0.60%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 300 210
    2 50,300 302 211
    3 50,602 304 213
    4 50,905 305 214
    5 51,211 307 215
    6 51,518 309 216
    7 51,827 311 218
    8 52,138 313 219
    9 52,451 315 220
    10 52,766 317 222
    11 53,082 318 223
    12 53,401 320 224
    13 53,721 322 226
    14 54,044 324 227
    15 54,368 326 228
    16 54,694 328 230
    17 55,022 330 231
    18 55,352 332 232
    19 55,684 334 234
    20 56,019 336 235
    TOTAL $6,355 $4,448
  • 7
    LOCAL MONEY MARKET
    Carter Bank & Trust
    0.10%
    -
    $50,000
    N.A.
    Bank
    0.12x (National Avg. - 0.82%)
    $2,500
     
    SCENARIO
    Year Rate
    0.10%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 50 35
    2 50,050 50 35
    3 50,100 50 35
    4 50,150 50 35
    5 50,200 50 35
    6 50,251 50 35
    7 50,301 50 35
    8 50,351 50 35
    9 50,401 50 35
    10 50,452 50 35
    11 50,502 51 35
    12 50,553 51 35
    13 50,603 51 35
    14 50,654 51 35
    15 50,705 51 35
    16 50,755 51 36
    17 50,806 51 36
    18 50,857 51 36
    19 50,908 51 36
    20 50,959 51 36
    TOTAL $1,010 $707
  • 8
    LOCAL CD
    Washington Savings Bank
    2.25%
    -
    $50,000
    13 Month
    Bank
    N.A.
    $500
     
    SCENARIO
    Year Rate
    2.25%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 1,125 788
    2 51,125 1,150 805
    3 52,275 1,176 823
    4 53,452 1,203 842
    5 54,654 1,230 861
    6 55,884 1,257 880
    7 57,141 1,286 900
    8 58,427 1,315 920
    9 59,742 1,344 941
    10 61,086 1,374 962
    11 62,460 1,405 984
    12 63,866 1,437 1,006
    13 65,302 1,469 1,029
    14 66,772 1,502 1,052
    15 68,274 1,536 1,075
    16 69,810 1,571 1,100
    17 71,381 1,606 1,124
    18 72,987 1,642 1,150
    19 74,629 1,679 1,175
    20 76,309 1,717 1,202
    TOTAL $28,025 $19,618
  • 9
    LOCAL CD
    MAGNIFI FINANCIAL
    3.55%
    -
    $50,000
    36 Month
    Credit Union
    4.71x (National Avg. - 0.75%)
    $100,000
     
    SCENARIO
    Year Rate
    3.55%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 1,775 1,243
    2 51,775 1,838 1,287
    3 53,613 1,903 1,332
    4 55,516 1,971 1,380
    5 57,487 2,041 1,429
    6 59,528 2,113 1,479
    7 61,641 2,188 1,532
    8 63,829 2,266 1,586
    9 66,095 2,346 1,642
    10 68,442 2,430 1,701
    11 70,871 2,516 1,761
    12 73,387 2,605 1,824
    13 75,993 2,698 1,888
    14 78,690 2,794 1,955
    15 81,484 2,893 2,025
    16 84,377 2,995 2,097
    17 87,372 3,102 2,171
    18 90,474 3,212 2,248
    19 93,685 3,326 2,328
    20 97,011 3,444 2,411
    TOTAL $50,455 $35,319

    All calculations are for demonstration purposes only.

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