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Comparison of Deposit Account from The Murray Bank with 0.75% - June 2025

Long-Term Analysis of The Murray Bank with 0.75% APY and CLARK COUNTY with 1.46% APY and Hiawatha National Bank with 2.32% APY and Parke Bank with 4.55% 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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Amount

Type

Term

State

Product Name

PRODUCT

BANK

APY

STATE

AMOUNT

TERM

BANK TYPE

VS.NAT.AV.

MIN

LOCAL CD

The Murray Bank

0.75%

$50,000

48 Month

Bank

0.92x (National Avg. - 0.82%)

$1,000

SCENARIO

Year	Rate 0.75%	Annual Interest	Annual Interest (After Tax)
1	50,000	375	263
2	50,375	378	264
3	50,753	381	266
4	51,133	384	268
5	51,517	386	270
6	51,903	389	272
7	52,293	392	275
8	52,685	395	277
9	53,080	398	279
10	53,478	401	281
11	53,879	404	283
12	54,283	407	285
13	54,690	410	287
14	55,101	413	289
15	55,514	416	291
16	55,930	419	294
17	56,350	423	296
18	56,772	426	298
19	57,198	429	300
20	57,627	432	303
	TOTAL	$8,059	$5,641

LOCAL CD

CLARK COUNTY

1.46%

$50,000

60 Month

Credit Union

1.59x (National Avg. - 0.92%)

$10,000

SCENARIO

Year	Rate 1.46%	Annual Interest	Annual Interest (After Tax)
1	50,000	730	511
2	50,730	741	518
3	51,471	751	526
4	52,222	762	534
5	52,985	774	542
6	53,758	785	549
7	54,543	796	557
8	55,339	808	566
9	56,147	820	574
10	56,967	832	582
11	57,799	844	591
12	58,643	856	599
13	59,499	869	608
14	60,367	881	617
15	61,249	894	626
16	62,143	907	635
17	63,050	921	644
18	63,971	934	654
19	64,905	948	663
20	65,853	961	673
	TOTAL	$16,814	$11,770

LOCAL CD

Hiawatha National Bank

2.32%

$50,000

14 Month

Bank

N.A.

$2,500

SCENARIO

Year	Rate 2.32%	Annual Interest	Annual Interest (After Tax)
1	50,000	1,160	812
2	51,160	1,187	831
3	52,347	1,214	850
4	53,561	1,243	870
5	54,804	1,271	890
6	56,075	1,301	911
7	57,376	1,331	932
8	58,708	1,362	953
9	60,070	1,394	976
10	61,463	1,426	998
11	62,889	1,459	1,021
12	64,348	1,493	1,045
13	65,841	1,528	1,069
14	67,369	1,563	1,094
15	68,931	1,599	1,119
16	70,531	1,636	1,145
17	72,167	1,674	1,172
18	73,841	1,713	1,199
19	75,554	1,753	1,227
20	77,307	1,794	1,255
	TOTAL	$29,101	$20,371

LOCAL CD

Parke Bank

4.55%

$50,000

13 Month

Bank

N.A.

$500

SCENARIO

Year	Rate 4.55%	Annual Interest	Annual Interest (After Tax)
1	50,000	2,275	1,593
2	52,275	2,379	1,665
3	54,654	2,487	1,741
4	57,140	2,600	1,820
5	59,740	2,718	1,903
6	62,458	2,842	1,989
7	65,300	2,971	2,080
8	68,271	3,106	2,174
9	71,378	3,248	2,273
10	74,625	3,395	2,377
11	78,021	3,550	2,485
12	81,571	3,711	2,598
13	85,282	3,880	2,716
14	89,163	4,057	2,840
15	93,219	4,241	2,969
16	97,461	4,434	3,104
17	101,895	4,636	3,245
18	106,532	4,847	3,393
19	111,379	5,068	3,547
20	116,447	5,298	3,709
	TOTAL	$71,745	$50,221

All calculations are for demonstration purposes only.

Featured CD Rates

ONLINE BANKS	APY^?	MIN^?
Brilliant Bank, a division of Equity Bank	4.55%	$1,000	Learn More
Last change: ↓0.50% on October 1, 2024.
ableBanking, a division of Northeast Bank	4.50%	$500	Learn More
Last change: ↑0.20% on January 18.
Finworth, a division of InsBank	4.50%	$50,000	Learn More
Last change: ↑0.20% on April 9.
First Internet Bank of Indiana	4.49%	$1,000	Learn More
Last change: ↑0.34% on May 27. Warning: Early Withdrawal Penalty is 180 days interest.
Finworth, a division of InsBank	4.46%	$50,000	Learn More
Last change: ↑0.26% on April 9. Early Withdrawal Penalty is 6 months interest.

Compare Savings vs. CDs Comparison of Deposit Account from The Murray Bank with 0.75% - June 2025

Long-Term Analysis of The Murray Bank with 0.75% APY and CLARK COUNTY with 1.46% APY and Hiawatha National Bank with 2.32% APY and Parke Bank with 4.55% APY

Featured CD Rates

Compare Savings vs. CDs
Comparison of Deposit Account from The Murray Bank with 0.75% - June 2025