Compound Interest Calculator
CD 18-month Account from BELCO COMMUNITY CREDIT UNION with 0.65% APY and $10,000 minimum deposit



Use or Change These Amounts and Rates

The product CD 18-month Account from BELCO COMMUNITY CREDIT UNION with 0.65% 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 $21,339. The interest earned would be $1,339 and the tax amount on the interest earned would be approximately $402.

Please note that this product is available in Pennsylvania and this analysis assumes a constant interest rate and doesn't take into account any fees associated with the savings account.

The Results for BELCO COMMUNITY CREDIT UNION

Savings Boost of
$617 over 10 years
Cash Savings $20,000
Average Interest Earned $320

 
BELCO COMMUNITY CREDIT UNION Interest Earned $937

 

 

See comparison detail table

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.

Comparison Detail Table Close X

Average Rate Scenario

Rate:
0.23%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 45 32
2 20,045 45 32
3 20,091 45 32
4 20,136 46 32
5 20,181 46 32
6 20,227 46 32
7 20,273 46 32
8 20,319 46 32
9 20,364 46 32
10 20,410 46 32
TOTAL: $457 $320

BELCO COMMUNITY CREDIT UNION Scenario

Rate:
0.65%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 130 91
2 20,130 131 92
3 20,261 132 92
4 20,393 133 93
5 20,525 133 93
6 20,659 134 94
7 20,793 135 95
8 20,928 136 95
9 21,064 137 96
10 21,201 138 96
TOTAL: $1,339 $937

Take Action

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.



Featured CD Rates

ONLINE BANKS APY? MIN?

Last change: ↓0.09% on October 17.
3 Month CD.

Last change: ↓0.15% on September 6.

Last change: ↓0.09% on December 7.
6 Month Jumbo CD.

Last change: ↑0.25% on November 25.

Last change: ↑0.70% on December 7.



Customer Reviews for Belco Community Credit Union


  • July 16, 2020

    Save your time and go to a credit union that isn't out to rip you off. Borrowed money for an RV/trailer 2/2020. Covid came about in 3/2020, trailer stalled in manufacturing in another state, Indiana. BBCU started charging interest and deduction payment 4/2020, despite the trailer wasn't even manufactured till 5/14/2020. Imagine borrowing money, holding the check, (dealer didn't get funds, I didn't have trailer... but greedy Belco charged interest. At this point I have had the RV 8 weeks, paid 4 payments, interest rate around 11% and only 300$ has gone toward principle, yep that's right 1700$ intertest to the greedy BBCU for funds that were not dispersed. Giving someone a check is not dispersing funds, when the funds are given to the dealer and product is picked up, funds are dispersed. Save yourself grief, go to a real bank. Clearly BBCU doesn't give a shit about its customers just money. All an their insurance service is a joke too, sent the info 3 or 4 times. Office is closed r/t Covid, so nobody can confirm if the receive it or not. Amazing that they take advantage of the Covid disaster to stay at home and shut down branches and services, but can still overcharge you and take advantage of you!!!!!! Didn't used to be this way.... unethical, illegal and not good customer service.

  • July 16, 2020

    Illegal practices


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