Compare Savings vs. CDs
Comparison of Deposit Account from SANTA FE with 0.50% - June 2025


Long-Term Analysis of Bank of Newington with 1.33% APY and SANTA FE with 0.50% 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
    1.33%
    -
    $50,000
    60 Month
    Bank
    1.45x (National Avg. - 0.92%)
    $100,000
     
    SCENARIO
    Year Rate
    1.33%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 665 466
    2 50,665 674 472
    3 51,339 683 478
    4 52,022 692 484
    5 52,714 701 491
    6 53,415 710 497
    7 54,125 720 504
    8 54,845 729 511
    9 55,574 739 517
    10 56,313 749 524
    11 57,062 759 531
    12 57,821 769 538
    13 58,590 779 545
    14 59,370 790 553
    15 60,159 800 560
    16 60,959 811 568
    17 61,770 822 575
    18 62,592 832 583
    19 63,424 844 590
    20 64,268 855 598
    TOTAL $15,122 $10,586
  • 2
    LOCAL CD
    0.50%
    -
    $50,000
    6 Month
    Credit Union
    1.22x (National Avg. - 0.41%)
    $10,000
     
    SCENARIO
    Year Rate
    0.50%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 251 175
    2 50,251 252 176
    3 50,502 253 177
    4 50,755 254 178
    5 51,010 256 179
    6 51,265 257 180
    7 51,522 258 181
    8 51,780 259 182
    9 52,039 261 183
    10 52,300 262 183
    11 52,562 263 184
    12 52,826 265 185
    13 53,090 266 186
    14 53,356 267 187
    15 53,624 269 188
    16 53,892 270 189
    17 54,162 271 190
    18 54,434 273 191
    19 54,706 274 192
    20 54,980 275 193
    TOTAL $5,256 $3,679

    All calculations are for demonstration purposes only.

    Featured CD Rates

    ONLINE BANKS APY? MIN?

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

    Last change: ↑0.20% on January 18.

    Last change: ↑0.20% on April 9.

    Last change: ↑0.34% on May 27.
    Warning: Early Withdrawal Penalty is 180 days interest.

    Last change: ↑0.26% on April 9.
    Early Withdrawal Penalty is 6 months interest.