Compound Interest Calculator
CD 4-year Account from Community Commerce Bank with 3.97% APY and $10,000 minimum deposit



Use or Change These Amounts and Rates

The product CD 4-year Account from Community Commerce Bank with 3.97% 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 $29,520. The interest earned would be $9,520 and the tax amount on the interest earned would be approximately $2,856.

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
$5,483 over 10 years
Cash Savings $20,000
Average Interest Earned $1,181

 
Community Commerce Bank Interest Earned $6,664

 

 

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:
0.81%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 163 114
2 20,163 164 115
3 20,327 165 116
4 20,492 167 117
5 20,658 168 118
6 20,826 169 119
7 20,996 171 119
8 21,166 172 120
9 21,338 173 121
10 21,512 175 122
TOTAL: $1,687 $1,181

Community Commerce Bank Scenario

Rate:
3.97%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 794 556
2 20,794 826 578
3 21,620 858 601
4 22,478 892 625
5 23,370 928 649
6 24,298 965 675
7 25,263 1,003 702
8 26,266 1,043 730
9 27,308 1,084 759
10 28,392 1,127 789
TOTAL: $9,520 $6,664

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 3.97%
September 6, 2024 4.23%
August 16, 2024 4.39%
August 2, 2024 4.54%
March 26, 2024 4.59%
January 12, 2024 4.54%
October 27, 2023 4.80%
August 20, 2023 4.82%


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

Last change: ↓0.50% on October 1.



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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