Compound Interest Calculator
CD 4-year Account from HAR-CO with 0.45% APY and $100,000 minimum deposit



Use or Change These Amounts and Rates

The product CD 4-year Account from HAR-CO with 0.45% APY and $100,000 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 $20,918. The interest earned would be $918 and the tax amount on the interest earned would be approximately $276.

Please note that this product is available in Maryland and this analysis assumes a constant interest rate and doesn't take into account any fees associated with the savings account.

The Results for HAR-CO

Savings Boost of
$-538 over 10 years
Cash Savings $20,000
Average Interest Earned $1,181

 
HAR-CO Interest Earned $643

 

 

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

HAR-CO Scenario

Rate:
0.45%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 90 63
2 20,090 90 63
3 20,180 91 64
4 20,271 91 64
5 20,362 92 64
6 20,454 92 64
7 20,546 92 65
8 20,639 93 65
9 20,731 93 65
10 20,825 94 66
TOTAL: $918 $643

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.



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Customer Reviews for Har-co


  • November 20, 2021 |

    I will not ever do business with this credit union again. I had a auto loan with them. I would deposit my money in my savings and they would transfer to loan. However, there was a problem on their end and for 3 weeks, had issues doing the transfer. They sent something to the credit agencies saying I was delinquent, even though they were having the issue. They have not corrected the delinquent issue with credit agencies. The money was in my account. I finally refinanced the auto with a much better credit union. Never, never do business with this credit!!!!


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