Compound Interest Calculator
CD 4-year Account from MARINE with 1.06% APY and $10,000 minimum deposit



Use or Change These Amounts and Rates

The product CD 4-year Account from MARINE with 1.06% 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 $22,224. The interest earned would be $2,224 and the tax amount on the interest earned would be approximately $667.

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

The Results for MARINE

Savings Boost of
$376 over 10 years
Cash Savings $20,000
Average Interest Earned $1,181

 
MARINE Interest Earned $1,557

 

 

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

MARINE Scenario

Rate:
1.06%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 212 148
2 20,212 214 150
3 20,426 217 152
4 20,643 219 153
5 20,862 221 155
6 21,083 223 156
7 21,306 226 158
8 21,532 228 160
9 21,760 231 161
10 21,991 233 163
TOTAL: $2,224 $1,557

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 Marine


  • March 12, 2023 |

    CDs 18 Month Rates

    Is this credit union still open? If it is it’s not relevant to the military in general. I dropped this credit union for poor customer service, and poor loan and dividend rates. Just compare their rates to the worst bank you know of. They lose. A literally terrible run credit union that depends on military loyalty. That’s what bad directors do. Pitiful!


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