Compare Savings vs. CDs
Comparison of Deposit Account from SUMMIT with 1.70%
- September 2026
Long-Term Analysis of SUMMIT with 0.50% APY and SUMMIT with 1.70% 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.
You May Choose More Savings or CD Products From Among these Popular Products to Compare
- 1LOCAL CD0.50%-$50,0006 MonthCredit Union1.24x (National Avg. - 0.40%)$250SCENARIO
Year Rate
0.50%Annual
InterestAnnual Interest
(After Tax)1 50,000 250 175 2 50,250 251 176 3 50,501 253 177 4 50,754 254 178 5 51,008 255 179 6 51,263 256 179 7 51,519 258 180 8 51,776 259 181 9 52,035 260 182 10 52,296 261 183 11 52,557 263 184 12 52,820 264 185 13 53,084 265 186 14 53,349 267 187 15 53,616 268 188 16 53,884 269 189 17 54,154 271 190 18 54,424 272 190 19 54,696 273 191 20 54,970 275 192 TOTAL $5,245 $3,671 - 2LOCAL MONEY MARKET1.70%-$50,000N.A.Credit Union4.22x (National Avg. - 0.40%)$150,000SCENARIO
Year Rate
1.70%Annual
InterestAnnual Interest
(After Tax)1 50,000 850 595 2 50,850 864 605 3 51,714 879 615 4 52,594 894 626 5 53,488 909 637 6 54,397 925 647 7 55,322 940 658 8 56,262 956 670 9 57,219 973 681 10 58,191 989 692 11 59,181 1,006 704 12 60,187 1,023 716 13 61,210 1,041 728 14 62,250 1,058 741 15 63,309 1,076 753 16 64,385 1,095 766 17 65,479 1,113 779 18 66,593 1,132 792 19 67,725 1,151 806 20 68,876 1,171 820 TOTAL $20,047 $14,033
All calculations are for demonstration purposes only.
Featured CD Rates
Advertiser Disclosure| ONLINE BANKS | APY? | MIN? | ||
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4.35% | $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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4.50% |
$500 |
Learn More | |
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Last change: ↑0.45% on April 27. |
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4.50% |
$500 |
Learn More | |
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Last change: ↑0.43% on April 27. |
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4.50% |
$10,000 |
Learn More | |
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Last change: ↑0.65% on August 6. |
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4.50% |
$10,000 |
Learn More | |
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Last change: ↑1.20% on August 6. |
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