Compound Interest Calculator
CD 6-month Account from Community Commerce Bank with 2.78% APY and $10,000 minimum deposit



Use or Change These Amounts and Rates

The product CD 6-month Account from Community Commerce Bank with 2.78% 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 $26,310. The interest earned would be $6,310 and the tax amount on the interest earned would be approximately $1,893.

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
$4,097 over 10 years
Cash Savings $20,000
Average Interest Earned $320

 
Community Commerce Bank Interest Earned $4,417

 

 

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 20,091 45 32
4 20,136 46 32
5 20,181 46 32
6 20,227 46 32
7 20,273 46 32
8 20,319 46 32
9 20,364 46 32
10 20,410 46 32
TOTAL: $457 $320

Community Commerce Bank Scenario

Rate:
2.78%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 556 389
2 20,556 571 400
3 21,127 587 411
4 21,715 604 423
5 22,318 620 434
6 22,939 638 446
7 23,577 655 459
8 24,232 674 472
9 24,906 692 485
10 25,598 712 498
TOTAL: $6,310 $4,417

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 2.78%
September 6, 2024 3.04%
March 26, 2024 3.87%
January 12, 2024 3.56%
October 27, 2023 3.82%
August 20, 2023 3.83%


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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