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Comparison of Deposit Account from Peak Bank with 3.69% - September 2026


Long-Term Analysis of Merrick Bank with 4.20% APY and SOUTHLAND with 0.90% APY and Peak Bank with 3.69% 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
    Merrick Bank
    4.20%
    -
    $50,000
    12 Month
    Bank
    7.65x (National Avg. - 0.55%)
    $25,000
     
    SCENARIO
    Year Rate
    4.20%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 2,100 1,470
    2 52,100 2,188 1,532
    3 54,288 2,280 1,596
    4 56,568 2,376 1,663
    5 58,944 2,476 1,733
    6 61,420 2,580 1,806
    7 63,999 2,688 1,882
    8 66,687 2,801 1,961
    9 69,488 2,919 2,043
    10 72,407 3,041 2,129
    11 75,448 3,169 2,218
    12 78,617 3,302 2,311
    13 81,919 3,441 2,408
    14 85,359 3,585 2,510
    15 88,944 3,736 2,615
    16 92,680 3,893 2,725
    17 96,573 4,056 2,839
    18 100,629 4,226 2,958
    19 104,855 4,404 3,083
    20 109,259 4,589 3,212
    TOTAL $63,848 $44,693
  • 2
    LOCAL CD
    SOUTHLAND
    0.90%
    -
    $50,000
    24 Month
    Credit Union
    1.36x (National Avg. - 0.66%)
    $100,000
     
    SCENARIO
    Year Rate
    0.90%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 450 315
    2 50,450 454 318
    3 50,904 458 321
    4 51,362 462 324
    5 51,824 466 326
    6 52,291 471 329
    7 52,761 475 332
    8 53,236 479 335
    9 53,715 483 338
    10 54,199 488 341
    11 54,687 492 345
    12 55,179 497 348
    13 55,675 501 351
    14 56,177 506 354
    15 56,682 510 357
    16 57,192 515 360
    17 57,707 519 364
    18 58,226 524 367
    19 58,750 529 370
    20 59,279 534 373
    TOTAL $9,813 $6,869
  • 3
    ONLINE CD
    Peak Bank
    3.69%
    -
    $50,000
    12 Month
    Online Bank
    6.72x (National Avg. - 0.55%)
    $500
     
    SCENARIO
    Year Rate
    3.69%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 1,845 1,292
    2 51,845 1,913 1,339
    3 53,758 1,984 1,389
    4 55,742 2,057 1,440
    5 57,799 2,133 1,493
    6 59,931 2,211 1,548
    7 62,143 2,293 1,605
    8 64,436 2,378 1,664
    9 66,814 2,465 1,726
    10 69,279 2,556 1,789
    11 71,835 2,651 1,856
    12 74,486 2,749 1,924
    13 77,235 2,850 1,995
    14 80,085 2,955 2,069
    15 83,040 3,064 2,145
    16 86,104 3,177 2,224
    17 89,281 3,294 2,306
    18 92,576 3,416 2,391
    19 95,992 3,542 2,479
    20 99,534 3,673 2,571
    TOTAL $53,207 $37,245

    All calculations are for demonstration purposes only.

    Featured CD Rates

    Advertiser Disclosure
    ONLINE BANKS APY? MIN?

    Take your savings to the next level with our 12-month online CD special!

    12-Month

    Last change: ↑0.35% on September 25.

    Last change: ↑0.45% on April 27.
    Early Withdrawal Penalty is 90 days interest.

    Last change: ↑0.43% on April 27.
    Early Withdrawal Penalty is 90 days interest.

    Last change: ↑0.10% on September 25.

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