Compare Savings vs. CDs
Comparison of Deposit Account from SSB Bank with 3.02% - September 2026


Long-Term Analysis of SSB Bank with 3.02% 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
    3.02%
    -
    $50,000
    60 Month
    Bank
    3.26x (National Avg. - 0.93%)
    $500
     
    SCENARIO
    Year Rate
    3.02%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 1,512 1,058
    2 51,512 1,557 1,090
    3 53,069 1,604 1,123
    4 54,673 1,653 1,157
    5 56,326 1,703 1,192
    6 58,028 1,754 1,228
    7 59,783 1,807 1,265
    8 61,590 1,862 1,303
    9 63,452 1,918 1,343
    10 65,370 1,976 1,383
    11 67,346 2,036 1,425
    12 69,382 2,097 1,468
    13 71,479 2,161 1,513
    14 73,640 2,226 1,558
    15 75,866 2,293 1,605
    16 78,160 2,363 1,654
    17 80,522 2,434 1,704
    18 82,957 2,508 1,755
    19 85,464 2,584 1,809
    20 88,048 2,662 1,863
    TOTAL $40,710 $28,497

    All calculations are for demonstration purposes only.

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    12-Month

    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: ↑0.65% on August 6.
    Early Withdrawal Penalty is 365 days interest.

    Last change: ↑1.20% on August 6.
    Early Withdrawal Penalty is 365 days interest.