The product CD 2-year Account from ADVIA with 0.30% APY and $10,000 minimum deposit and a tax rate of 30 compounded annually, with an initial amount of $20,000, after 10 years would have grown your savings to approximately $20,608. The interest earned would be $608 and the tax amount on the interest earned would be approximately $182.
Please note that this product is available in Michigan and this analysis assumes a constant interest rate and doesn't take into account any fees associated with the savings account.
This analysis is for demonstrative purposes only and may change should certain assumptions prove incorrect. Savings rates may change and CD rates may not be renewable for the length of the term of the analysis. The difference between the bank rate entered and the average rate may not remain constant throughout the term.
| Rate: 0.66% |
Annual Interest |
Annual Interest (After Tax) |
|
|---|---|---|---|
| 1 | 20,000 | 131 | 92 |
| 2 | 20,131 | 132 | 93 |
| 3 | 20,264 | 133 | 93 |
| 4 | 20,397 | 134 | 94 |
| 5 | 20,531 | 135 | 94 |
| 6 | 20,666 | 136 | 95 |
| 7 | 20,801 | 137 | 96 |
| 8 | 20,938 | 138 | 96 |
| 9 | 21,076 | 138 | 97 |
| 10 | 21,214 | 139 | 98 |
| TOTAL: | $1,354 | $947 |
| Rate: 0.30% |
Annual Interest |
Annual Interest (After Tax) |
|
|---|---|---|---|
| 1 | 20,000 | 60 | 42 |
| 2 | 20,060 | 60 | 42 |
| 3 | 20,120 | 60 | 42 |
| 4 | 20,181 | 61 | 42 |
| 5 | 20,241 | 61 | 43 |
| 6 | 20,302 | 61 | 43 |
| 7 | 20,363 | 61 | 43 |
| 8 | 20,424 | 61 | 43 |
| 9 | 20,485 | 61 | 43 |
| 10 | 20,547 | 62 | 43 |
| TOTAL: | $608 | $426 |
The accounts below offer some of the best rates in the country can be opened online, and are available nationally. As the calculator shows, changing accounts to earn a higher interest rate can really add up over time.
| ONLINE BANKS | APY? | MIN? | ||
|---|---|---|---|---|
|
|
4.91% |
$25,000 |
Learn More | |
|
Last change: ↓0.09% on October 17. |
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|
|
4.80% |
$50,000 |
Learn More | |
|
Last change: ↓0.09% on December 7. |
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|
|
4.75% |
$50,000 |
Learn More | |
|
Last change: ↑0.25% on November 25. |
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|
|
4.70% |
$1,000 |
Learn More | |
|
Last change: ↑0.70% on December 7. |
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|
|
4.65% |
$1,500 |
Learn More | |
|
Last change: ↓0.05% on December 4. |
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Customer Reviews for Advia
justjan711
December 9, 2018 |
I have been a member of this credit union for more than 40 years. Over time it has had many changes but the worst one they did was to hire the man that is the manager of the Cranston Road Branch. He is customer UNFRIENDLY, egotistical, power-hungry and a jerk. Because of some of my investments, I have to cash them out before I can close my account. And, after 40 years, I will not longer be a part of the Advia Credit Union.
Is this review helpful? Yes:2 / No: 0
JC
January 8, 2017 |
I have been getting my CDs from Advia for the past 6 or 7 years. Locally, in the Janesville area, they have consistently had the highest CD rates.
Is this review helpful? Yes:0 / No: 0
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