Compound Interest Calculator
CD 2-year Account from Capital Community Bank with 0.91% APY and $10,000 minimum deposit



Use or Change These Amounts and Rates

The product CD 2-year Account from Capital Community Bank with 0.91% 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 $21,896. The interest earned would be $1,896 and the tax amount on the interest earned would be approximately $569.

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

The Results for Capital Community Bank

Savings Boost of
$380 over 10 years
Cash Savings $20,000
Average Interest Earned $947

 
Capital Community Bank Interest Earned $1,327

 

 

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:
0.66%
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

Capital Community Bank Scenario

Rate:
0.91%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 182 127
2 20,182 184 129
3 20,366 185 130
4 20,551 187 131
5 20,738 189 132
6 20,927 190 133
7 21,117 192 135
8 21,309 194 136
9 21,503 196 137
10 21,699 197 138
TOTAL: $1,896 $1,327

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: ↑0.25% on October 28.
6 Month Jumbo CD.

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

Last change: ↓0.15% on September 6.

Last change: ↓0.05% on September 27.

Last change: ↑0.20% on October 28.
Early Withdrawal Penalty is 3 months interest.



Customer Reviews for Capital Community Bank


  • April 27, 2023

    have had 3 cd accounts. all interactions with instructions for disposition of funds were never exactly enacted as discussed and requests for confirmatory emails never sent with details as terms discussed. I accepted responsibility for miscommunications for first CD screw up but I had the same issues with subsequent CD accounts and in one phone conversation the representative said they had had some problems with previous employees who no longer worked there. if you have any banking business with Limelight I suggest getting ALL details in writing before committing funds.

  • March 4, 2021

    They are liers. Please don't open their credit cards to avoid being taking advantage of!!! I hope they bankrupt SOOOOOON.

  • February 5, 2020 |

    This company refused me any information regarding my loan. They even sent an email saying I had paid off in full despite never having made a payment. I immediately called and was told that I could do nothing since I had paid in full. No amount of arguing with two reps would change this. I finally tracked down a method of payment but never received information for tax purposes or loan installments. I only heard from CC Bank after the initial period of deferred interest and was charged a late fee despite never receiving a statement or acknowledgement of what I already paid. They are frauds and I would never want anyone to go through what I am going through now. They are dishonest to the core. They have also locked me out of online access to my account and ignored requests that I receive paper documentation.

  • February 5, 2020

    This company refused me any information regarding my loan. They even sent an email saying I had paid off in full despite never having made a payment. I immediately called and was told that I could do nothing since I had paid in full. No amount of arguing with two reps would change this. I finally tracked down a method of payment but never received information for tax purposes or loan installments. I only heard from CC Bank after the initial period of deferred interest and was charged a late fee despite never receiving a statement or acknowledgement of what I already paid. They are frauds and I would never want anyone to go through what I am going through now. They are dishonest to the core. They have also locked me out of online access to my account and ignored requests that I receive paper documentation.


Add Your Review


or use your BestCashCow account

or