Compound Interest Calculator
CD 3-year Account from COMBINED EMPLOYEES with 0.95% APY and $100,000 minimum deposit



Use or Change These Amounts and Rates

The product CD 3-year Account from COMBINED EMPLOYEES with 0.95% APY and $100,000 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 $21,983. The interest earned would be $1,983 and the tax amount on the interest earned would be approximately $595.

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

The Results for COMBINED EMPLOYEES

Savings Boost of
$296 over 10 years
Cash Savings $20,000
Average Interest Earned $1,092

 
COMBINED EMPLOYEES Interest Earned $1,388

 

 

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:
0.75%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 151 106
2 20,151 152 106
3 20,303 153 107
4 20,456 154 108
5 20,610 155 109
6 20,765 157 110
7 20,922 158 110
8 21,080 159 111
9 21,239 160 112
10 21,399 161 113
TOTAL: $1,560 $1,092

COMBINED EMPLOYEES Scenario

Rate:
0.95%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 190 133
2 20,190 192 134
3 20,382 194 136
4 20,575 195 137
5 20,771 197 138
6 20,968 199 139
7 21,167 201 141
8 21,369 203 142
9 21,572 205 143
10 21,776 207 145
TOTAL: $1,983 $1,388

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: ↑0.15% on March 22.

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

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Last change: ↓0.15% on January 25.

Last change: ↓0.50% on February 25.



Customer Reviews for Combined Employees


  • July 17, 2019 |

    CECU is the best kept secret in the Middle Georgia area! In 2019, CECU will be celebrating their 50th year in business! The credit union is not open to the general public. Their composition of members include the brotherhood and sisterhood of First Responders (Police, Sheriff, Fire, Medical, and 911 Operators). Employees of the local municipalities are eligible to join CECU as well.

  • July 17, 2019 |

    Yes, CECU is a major competitor in the market for these types of loans. Rates are always very competitive in the market.

  • July 17, 2019 |

    Not at this time

  • July 17, 2019 |

    CECU does have access to mortgage loans through a 3rd party provider for members of the credit union. Substantial savings can be derived from specific exclusions to normal closing costs.

  • July 17, 2019 |

    593 Russell Parkway
    Warner Robins GA 31088


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