The product CD 18-month Account from GLACIER HILLS with 0.55% 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 $21,128. The interest earned would be $1,128 and the tax amount on the interest earned would be approximately $338.
Please note that this product is available in Wisconsin and this analysis assumes a constant interest rate and doesn't take into account any fees associated with the savings account.
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.
| 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 |
| Rate: 0.55% |
Annual Interest |
Annual Interest (After Tax) |
|
|---|---|---|---|
| 1 | 20,000 | 110 | 77 |
| 2 | 20,110 | 111 | 77 |
| 3 | 20,221 | 111 | 78 |
| 4 | 20,332 | 112 | 78 |
| 5 | 20,444 | 112 | 79 |
| 6 | 20,556 | 113 | 79 |
| 7 | 20,669 | 114 | 80 |
| 8 | 20,783 | 114 | 80 |
| 9 | 20,897 | 115 | 80 |
| 10 | 21,012 | 116 | 81 |
| TOTAL: | $1,128 | $789 |
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.
| ONLINE BANKS | APY? | MIN? | ||
|---|---|---|---|---|
|
|
4.75% |
$50,000 |
Learn More | |
|
Last change: ↑0.25% on November 25. |
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|
|
4.70% |
$50,000 |
Learn More | |
|
Last change: ↓0.10% on December 29. |
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|
|
4.70% |
$1,000 |
Learn More | |
|
Last change: ↑0.70% on December 7. |
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|
|
4.65% |
$1,500 |
Learn More | |
|
Last change: ↓0.05% on December 4. |
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|
|
4.65% |
$10,000 |
Learn More | |
|
Last change: ↓0.25% on December 23. |
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Customer Reviews for Glacier Hills
Lyn
July 19, 2020 |
Until they started this "transition" we loved this CU! Have had accounts here for at least 10 years. Now, we cannot get into an estate account to move some money and from our personal account now know that they are going to charge an overdraft fee. We are summit members and in the past money is just moved to checking from savings to cover. If we were informed of this somewhere I am not aware of it. Have been calling there for 3 days and getting nowhere. Yesterday we went to the drive up and supposedly got the info needed to get into the estate account. Nope! Didn't work. So calling this morning and I am first in line! WOW! may finally get in. On hold listening to the music, ads, and I am still first in line. After 10 minutes get told mailbox is full and disconnected! Called back and then am 7th in line. This transition was definitely not well planned.
Am now able to get into both accounts. We used to be able to EASILY move money from checking or savings into our credit card account to pay the bill. I have now paid, or so I thought, 2 charges. One was on Saturday so think = THINK - that may show up as paid on Monday. The other one was from Thursday and does not show as paid. Now I don't know if I should try to pay those charges again, or wait and see what happens, or try to get through to them again tomorrow.
Seriously if you are considering opening as account here, wait at least a month until they have the "bugs" worked out of their new, better, and for our benefit system. I have yet to see that at all!
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