Compare Savings vs. CDs
Comparison of Deposit Account from MCCOY with 1.92% - August 2025


Long-Term Analysis of MCCOY with 2.22% APY and MCCOY with 1.92% APY and MCCOY with 2.17% APY and MCCOY with 3.09% 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
    2.22%
    -
    $50,000
    24 Month
    Credit Union
    3.37x (National Avg. - 0.66%)
    $5,000
     
    SCENARIO
    Year Rate
    2.22%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 1,111 778
    2 51,111 1,136 795
    3 52,247 1,161 813
    4 53,408 1,187 831
    5 54,594 1,213 849
    6 55,807 1,240 868
    7 57,047 1,268 887
    8 58,315 1,296 907
    9 59,611 1,325 927
    10 60,935 1,354 948
    11 62,289 1,384 969
    12 63,673 1,415 990
    13 65,088 1,446 1,012
    14 66,534 1,478 1,035
    15 68,013 1,511 1,058
    16 69,524 1,545 1,081
    17 71,069 1,579 1,105
    18 72,648 1,614 1,130
    19 74,262 1,650 1,155
    20 75,912 1,687 1,181
    TOTAL $27,599 $19,319
  • 2
    LOCAL CD
    1.92%
    -
    $50,000
    12 Month
    Credit Union
    3.47x (National Avg. - 0.55%)
    $100,000
     
    SCENARIO
    Year Rate
    1.92%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 959 671
    2 50,959 977 684
    3 51,935 996 697
    4 52,931 1,015 710
    5 53,946 1,034 724
    6 54,980 1,054 738
    7 56,034 1,074 752
    8 57,108 1,095 766
    9 58,203 1,116 781
    10 59,318 1,137 796
    11 60,456 1,159 811
    12 61,615 1,181 827
    13 62,796 1,204 843
    14 63,999 1,227 859
    15 65,226 1,250 875
    16 66,477 1,274 892
    17 67,751 1,299 909
    18 69,050 1,324 927
    19 70,374 1,349 944
    20 71,723 1,375 962
    TOTAL $23,098 $16,168
  • 3
    LOCAL CD
    2.17%
    -
    $50,000
    13 Month
    Credit Union
    N.A.
    $1,000
     
    SCENARIO
    Year Rate
    2.17%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 1,086 760
    2 51,086 1,109 776
    3 52,195 1,133 793
    4 53,328 1,158 810
    5 54,485 1,183 828
    6 55,668 1,209 846
    7 56,877 1,235 864
    8 58,112 1,262 883
    9 59,373 1,289 902
    10 60,662 1,317 922
    11 61,979 1,346 942
    12 63,325 1,375 962
    13 64,700 1,405 983
    14 66,104 1,435 1,005
    15 67,539 1,466 1,026
    16 69,006 1,498 1,049
    17 70,504 1,531 1,071
    18 72,034 1,564 1,095
    19 73,598 1,598 1,118
    20 75,196 1,633 1,143
    TOTAL $26,829 $18,780
  • 4
    LOCAL CD
    3.09%
    -
    $50,000
    60 Month
    Credit Union
    3.36x (National Avg. - 0.92%)
    $50,000
     
    SCENARIO
    Year Rate
    3.09%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 1,547 1,083
    2 51,547 1,594 1,116
    3 53,141 1,644 1,151
    4 54,784 1,694 1,186
    5 56,479 1,747 1,223
    6 58,226 1,801 1,261
    7 60,027 1,857 1,300
    8 61,883 1,914 1,340
    9 63,797 1,973 1,381
    10 65,771 2,034 1,424
    11 67,805 2,097 1,468
    12 69,902 2,162 1,513
    13 72,064 2,229 1,560
    14 74,293 2,298 1,609
    15 76,591 2,369 1,658
    16 78,960 2,442 1,710
    17 81,402 2,518 1,762
    18 83,920 2,596 1,817
    19 86,516 2,676 1,873
    20 89,192 2,759 1,931
    TOTAL $41,950 $29,365

    All calculations are for demonstration purposes only.

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