Compare Savings vs. CDs
Comparison of Deposit Account from West Suburban Bank with 0.50% - May 2025


Long-Term Analysis of West Suburban Bank with 0.50% APY and INROADS with 6.88% 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
    0.50%
    -
    $50,000
    36 Month
    Bank
    0.66x (National Avg. - 0.75%)
    $100,000
     
    SCENARIO
    Year Rate
    0.50%
    Annual
    Interest
    Annual 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
  • 2
    LOCAL SAVINGS
    6.88%
    -
    $50,000
    N.A.
    Credit Union
    30.83x (National Avg. - 0.22%)
    $10,000
     
    SCENARIO
    Year Rate
    6.88%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 3,438 2,406
    2 53,438 3,674 2,572
    3 57,111 3,926 2,748
    4 61,038 4,196 2,937
    5 65,234 4,485 3,139
    6 69,719 4,793 3,355
    7 74,512 5,123 3,586
    8 79,635 5,475 3,832
    9 85,110 5,851 4,096
    10 90,961 6,254 4,377
    11 97,215 6,684 4,678
    12 103,898 7,143 5,000
    13 111,041 7,634 5,344
    14 118,675 8,159 5,711
    15 126,834 8,720 6,104
    16 135,554 9,319 6,524
    17 144,873 9,960 6,972
    18 154,833 10,645 7,451
    19 165,478 11,377 7,964
    20 176,855 12,159 8,511
    TOTAL $139,013 $97,309

    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: ↓0.05% on April 30.
    6 Month Jumbo CD.

    Last change: ↑0.20% on April 9.

    Last change: ↓0.50% on February 25.