Compare Savings vs. CDs
Comparison of Deposit Account from The First National Bank of Absecon with 0.70% - May 2025


Long-Term Analysis of Legacy Bank with 0.51% APY and The First National Bank of Absecon with 0.70% 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.

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$
PRODUCT
BANK
APY
STATE
AMOUNT
TERM
BANK TYPE
VS.NAT.AV.
MIN
  • 1
    LOCAL CD
    0.51%
    -
    $50,000
    30 Month
    Bank
    N.A.
    $500
     
    SCENARIO
    Year Rate
    0.51%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 256 179
    2 50,256 257 180
    3 50,512 258 181
    4 50,770 259 182
    5 51,030 261 183
    6 51,291 262 183
    7 51,553 263 184
    8 51,816 265 185
    9 52,081 266 186
    10 52,347 267 187
    11 52,615 269 188
    12 52,883 270 189
    13 53,154 272 190
    14 53,425 273 191
    15 53,698 274 192
    16 53,973 276 193
    17 54,248 277 194
    18 54,526 279 195
    19 54,804 280 196
    20 55,084 281 197
    TOTAL $5,366 $3,756
  • 2
    LOCAL CD
    0.70%
    -
    $50,000
    60 Month
    Bank
    0.76x (National Avg. - 0.92%)
    $100,000
     
    SCENARIO
    Year Rate
    0.70%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 350 245
    2 50,350 352 247
    3 50,702 355 248
    4 51,057 357 250
    5 51,415 360 252
    6 51,775 362 254
    7 52,137 365 255
    8 52,502 368 257
    9 52,870 370 259
    10 53,240 373 261
    11 53,612 375 263
    12 53,988 378 265
    13 54,366 381 266
    14 54,746 383 268
    15 55,129 386 270
    16 55,515 389 272
    17 55,904 391 274
    18 56,295 394 276
    19 56,689 397 278
    20 57,086 400 280
    TOTAL $7,486 $5,240

    All calculations are for demonstration purposes only.

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