Compound Interest Calculator
Money Market Account from CONNEXUS with 3.91% APY and $1,000,000 minimum deposit



Use or Change These Amounts and Rates

The product Money Market Account from CONNEXUS with 3.91% APY and $1,000,000 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 $29,350. The interest earned would be $9,350 and the tax amount on the interest earned would be approximately $2,805.

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 CONNEXUS

Savings Boost of
$6,227 over 10 years
Cash Savings $20,000
Average Interest Earned $318

 
CONNEXUS Interest Earned $6,545

 

 

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

CONNEXUS Scenario

Rate:
3.91%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 782 547
2 20,782 813 569
3 21,595 844 591
4 22,439 877 614
5 23,316 912 638
6 24,228 947 663
7 25,175 984 689
8 26,160 1,023 716
9 27,182 1,063 744
10 28,245 1,104 773
TOTAL: $9,350 $6,545

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
August 2, 2024 3.91%
April 15, 2024 4.01%
February 9, 2024 4.15%
December 5, 2023 4.51%
August 19, 2023 4.76%


Featured CD Rates

ONLINE BANKS APY? MIN?

Last change: ↑0.25% on October 28.
6 Month Jumbo CD.

Last change: ↑3.00% on August 7.

Last change: ↓0.09% on October 17.
3 Month CD.

Last change: ↓0.15% on September 6.

Last change: ↓0.05% on September 27.



Customer Reviews for Connexus


  • February 3, 2023 |

    So I financed a camper through this group. The plumbing water sewer black and gray tank fell to the ground 30 days after purchase. It was being “ fixed “ for almost 5 months the dealer assured me I would be provided an extension for this time. Joe in collections would not budge he sent me info for Jason. I called Jason over a hundred times over the year of 2022 he never responded or answered my calls. Then 13 months later he sends me a real smart but message saying you got repossessed today and I want to be perfectly clear with you. We will not remove one penny from what you owe or make one adjustment! This guy went out of his way to contact me today with joe laughing to tell me that I had been repoed and to not expect them to come off a single penny and that i was actually still going to be charged 150$/ day per diem

    Like I said the unprofessional Jason I would like to provide full name but I don’t want this to get removed I called over 100 times left probably 50 voicemails and emails for him to call me so we could get it taking care of I was told he is the decision maker

    It took 13 months for Jason to contact me and when he did he was trying to rub in my face that my camper had been repossessed with Joe snickering in the back ground
    He said Joe Joe much are we still charging him per day close to $150 a day with per deim I’ve got the call recorded and will be taking it to my attorney

    Stay away from Connexus a bunch of crooks

    Joe was not anymore helpful he replied 2-3 times over the year but he was not willing to offer any deferment or anything at all he just said bank policy is 1 month only over the entire loan what a joke of a bank and this took place during Covid

  • September 22, 2022 |

    CDs 12 Month Rates

    Super easy to join. Happy to receive 3.51% on a 12 month CD!

  • October 26, 2021 |

    Not the easiest process and you really need to think twice before joining a credit union to make a little more on your cash. For me it was worthwhile and Cathy was super helpful.

  • October 13, 2021 |

    I had not known that a credit union could suck so badly until I found this one.

  • July 9, 2021 |

    False start some years ago trying to join. Then got a wonderful branch manager who got me in right away. Everything has gone well since, including CDs and their redemption. Recommended for those who can live with transfer limits of $5000 per day, we should all be so lucky as to have to worry about that.


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