Compound Interest Calculator
CD 2-year Account from Community Commerce Bank with 4.44% APY and $10,000 minimum deposit



Use or Change These Amounts and Rates

The product CD 2-year Account from Community Commerce Bank with 4.44% 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 $30,882. The interest earned would be $10,882 and the tax amount on the interest earned would be approximately $3,264.

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
$6,670 over 10 years
Cash Savings $20,000
Average Interest Earned $947

 
Community Commerce Bank Interest Earned $7,617

 

 

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

Community Commerce Bank Scenario

Rate:
4.44%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 888 622
2 20,888 927 649
3 21,815 969 678
4 22,784 1,012 708
5 23,796 1,057 740
6 24,852 1,103 772
7 25,956 1,152 807
8 27,108 1,204 843
9 28,312 1,257 880
10 29,569 1,313 919
TOTAL: $10,882 $7,617

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 4.44%
September 6, 2024 4.49%
August 16, 2024 4.65%
August 2, 2024 4.75%
March 26, 2024 4.91%
January 12, 2024 4.85%
October 27, 2023 5.12%
August 20, 2023 5.13%


Featured CD Rates

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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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