Compound Interest Calculator
CD 18-month Account from Community Commerce Bank with 4.49% APY and $10,000 minimum deposit



Use or Change These Amounts and Rates

The product CD 18-month Account from Community Commerce Bank with 4.49% 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 $31,030. The interest earned would be $11,030 and the tax amount on the interest earned would be approximately $3,309.

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

The Results for Community Commerce Bank

Savings Boost of
$7,403 over 10 years
Cash Savings $20,000
Average Interest Earned $318

 
Community Commerce Bank Interest Earned $7,721

 

 

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 20,090 45 32
4 20,135 45 32
5 20,181 45 32
6 20,226 46 32
7 20,272 46 32
8 20,317 46 32
9 20,363 46 32
10 20,409 46 32
TOTAL: $455 $318

Community Commerce Bank Scenario

Rate:
4.49%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 898 629
2 20,898 938 657
3 21,836 980 686
4 22,817 1,024 717
5 23,841 1,070 749
6 24,912 1,119 783
7 26,030 1,169 818
8 27,199 1,221 855
9 28,420 1,276 893
10 29,696 1,333 933
TOTAL: $11,030 $7,721

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.


Recent Rate Changes



Date APY
September 22, 2024 4.49%
September 6, 2024 4.44%
August 16, 2024 4.70%
August 2, 2024 4.80%
March 26, 2024 5.01%
January 12, 2024 4.91%
October 27, 2023 5.17%
August 20, 2023 5.18%


Featured CD Rates

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Last change: ↓0.05% on September 27.



Customer Reviews for Community Commerce Bank


  • March 5, 2021

    Savings Rates

    The best rate on any CD or savings account is .40%

  • December 3, 2019 |

    CDs 12 Month Rates

    I enjoyed doing business with CBB, even back in the days of them being "Community Thrift & Loan." I had my accounts there for decades.The only reason I no longer do business with CBB is that they closed the only local branch to me. (Oceanside.)
    Sure wish they'd come back to the San Diego market.


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