Compare Savings vs. CDs
Comparison of Deposit Account from TrustCo Bank with 1.14% - July 2025


Long-Term Analysis of TrustCo Bank with 1.14% APY and SAFEAMERICA with 0.05% 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

 
$
PRODUCT
BANK
APY
STATE
AMOUNT
TERM
BANK TYPE
VS.NAT.AV.
MIN
  • 1
    LOCAL CD
    1.14%
    -
    $50,000
    60 Month
    Bank
    1.24x (National Avg. - 0.92%)
    $500
     
    SCENARIO
    Year Rate
    1.14%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 570 399
    2 50,570 576 404
    3 51,146 583 408
    4 51,730 590 413
    5 52,319 596 418
    6 52,916 603 422
    7 53,519 610 427
    8 54,129 617 432
    9 54,746 624 437
    10 55,370 631 442
    11 56,001 638 447
    12 56,640 646 452
    13 57,286 653 457
    14 57,939 661 462
    15 58,599 668 468
    16 59,267 676 473
    17 59,943 683 478
    18 60,626 691 484
    19 61,317 699 489
    20 62,016 707 495
    TOTAL $12,723 $8,906
  • 2
    LOCAL SAVINGS
    0.05%
    -
    $50,000
    N.A.
    Credit Union
    0.22x (National Avg. - 0.23%)
    $200
     
    SCENARIO
    Year Rate
    0.05%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 25 18
    2 50,025 25 18
    3 50,050 25 18
    4 50,075 25 18
    5 50,100 25 18
    6 50,125 25 18
    7 50,150 25 18
    8 50,175 25 18
    9 50,200 25 18
    10 50,225 25 18
    11 50,251 25 18
    12 50,276 25 18
    13 50,301 25 18
    14 50,326 25 18
    15 50,351 25 18
    16 50,376 25 18
    17 50,402 25 18
    18 50,427 25 18
    19 50,452 25 18
    20 50,477 25 18
    TOTAL $502 $352

    All calculations are for demonstration purposes only.

    Featured CD Rates

    ONLINE BANKS APY? MIN?

    Last change: ↓0.50% on October 1, 2024.

    Last change: ↑0.20% on January 18.

    Last change: ↑0.20% on April 9.

    Last change: ↑0.26% on April 9.
    Early Withdrawal Penalty is 6 months interest.

    Last change: ↑0.10% on July 13.