Compare Savings vs. CDs
Comparison of Deposit Account from SUMMIT with 3.50%
- October 2026
Long-Term Analysis of TECH with 1.31% APY and AFFINITY PLUS with 3.70% APY and PARDA with 0.60% APY and SUMMIT with 3.50% APY and SUMMIT with 4.00% 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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- 1LOCAL CD1.31%-$50,00048 MonthCredit Union1.59x (National Avg. - 0.82%)$100,000SCENARIO
Year Rate
1.31%Annual
InterestAnnual Interest
(After Tax)1 50,000 654 458 2 50,654 663 464 3 51,317 671 470 4 51,988 680 476 5 52,668 689 482 6 53,357 698 489 7 54,055 707 495 8 54,762 716 501 9 55,478 726 508 10 56,204 735 515 11 56,939 745 521 12 57,683 754 528 13 58,438 764 535 14 59,202 774 542 15 59,977 784 549 16 60,761 795 556 17 61,556 805 564 18 62,361 816 571 19 63,177 826 578 20 64,003 837 586 TOTAL $14,840 $10,388 - 2LOCAL CD3.70%-$50,00048 MonthCredit Union4.50x (National Avg. - 0.82%)$500SCENARIO
Year Rate
3.70%Annual
InterestAnnual Interest
(After Tax)1 50,000 1,850 1,295 2 51,850 1,918 1,343 3 53,768 1,989 1,393 4 55,758 2,063 1,444 5 57,821 2,139 1,498 6 59,960 2,219 1,553 7 62,179 2,301 1,610 8 64,479 2,386 1,670 9 66,865 2,474 1,732 10 69,339 2,566 1,796 11 71,905 2,660 1,862 12 74,565 2,759 1,931 13 77,324 2,861 2,003 14 80,185 2,967 2,077 15 83,152 3,077 2,154 16 86,229 3,190 2,233 17 89,419 3,309 2,316 18 92,728 3,431 2,402 19 96,158 3,558 2,491 20 99,716 3,690 2,583 TOTAL $53,406 $37,384 - 3LOCAL CD0.60%-$50,00018 MonthCredit Union1.03x (National Avg. - 0.58%)$10,000SCENARIO
Year Rate
0.60%Annual
InterestAnnual 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 - 4LOCAL CD3.50%-$50,00048 MonthCredit Union4.25x (National Avg. - 0.82%)$500SCENARIO
Year Rate
3.50%Annual
InterestAnnual Interest
(After Tax)1 50,000 1,750 1,225 2 51,750 1,811 1,268 3 53,561 1,875 1,312 4 55,436 1,940 1,358 5 57,376 2,008 1,406 6 59,384 2,078 1,455 7 61,463 2,151 1,506 8 63,614 2,226 1,559 9 65,840 2,304 1,613 10 68,145 2,385 1,670 11 70,530 2,469 1,728 12 72,998 2,555 1,788 13 75,553 2,644 1,851 14 78,198 2,737 1,916 15 80,935 2,833 1,983 16 83,767 2,932 2,052 17 86,699 3,034 2,124 18 89,734 3,141 2,198 19 92,874 3,251 2,275 20 96,125 3,364 2,355 TOTAL $49,489 $34,643 - 5LOCAL CD4.00%-$50,00016 MonthCredit UnionN.A.$5,000SCENARIO
Year Rate
4.00%Annual
InterestAnnual Interest
(After Tax)1 50,000 2,000 1,400 2 52,000 2,080 1,456 3 54,080 2,163 1,514 4 56,243 2,250 1,575 5 58,493 2,340 1,638 6 60,833 2,433 1,703 7 63,266 2,531 1,771 8 65,797 2,632 1,842 9 68,428 2,737 1,916 10 71,166 2,847 1,993 11 74,012 2,960 2,072 12 76,973 3,079 2,155 13 80,052 3,202 2,241 14 83,254 3,330 2,331 15 86,584 3,463 2,424 16 90,047 3,602 2,521 17 93,649 3,746 2,622 18 97,395 3,896 2,727 19 101,291 4,052 2,836 20 105,342 4,214 2,950 TOTAL $59,556 $41,689
All calculations are for demonstration purposes only.
Featured CD Rates
Advertiser Disclosure| ONLINE BANKS | APY? | MIN? | ||
|---|---|---|---|---|
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4.50% | $100,000 |
Learn More on the North American Savings Bank, F.S.B. website |
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Take your savings to the next level with our 12-month online CD special! 12-Month |
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4.95% |
$10,000 |
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Last change: ↑0.45% on October 1. |
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4.85% |
$10,000 |
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Last change: ↑0.35% on October 1. |
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4.80% |
$10,000 |
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Last change: ↑0.30% on October 1. |
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4.65% |
$1,000 |
Learn More | |
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Last change: ↑0.35% on September 25. |
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