Compound Interest Calculator
Money Market Account from ONPATH with 0.40% APY and $25,000 minimum deposit



Use or Change These Amounts and Rates

The product Money Market Account from ONPATH with 0.40% APY and $25,000 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 $20,815. The interest earned would be $815 and the tax amount on the interest earned would be approximately $244.

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

The Results for ONPATH

Savings Boost of
$252 over 10 years
Cash Savings $20,000
Average Interest Earned $318

 
ONPATH Interest Earned $570

 

 

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

ONPATH Scenario

Rate:
0.40%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 80 56
2 20,080 80 56
3 20,160 81 56
4 20,241 81 57
5 20,322 81 57
6 20,403 82 57
7 20,485 82 57
8 20,567 82 58
9 20,649 83 58
10 20,732 83 58
TOTAL: $815 $570

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.



Featured CD Rates

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Last change: ↓0.10% on October 28.
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Customer Reviews for Onpath


  • May 12, 2021 |

    I've been an ASI/Onpath customer for 35 years this company has grown tremendously as they would say it gets better with age that is so true about this credit union, a branch worker at 5508 Citrus Blvd. Harahan, LA. by the name of Christie is truly a ray of sunshine she is nice, courteous, and ever so polite there is another branch worker that I had the pleasure to wait on me is named Julissa I apologize if I spelled the name wrong. I must say in this day and age a little kindness goes a long way and these two young ladies nailed it, whenever my wife and I go there we are made to feel like we are special and that's a great feeling. I know from experience why you all are a 5 star rated FCU. customer service at that branch is outstanding and it's a pleasure and an honor to be a member of On path FCU.


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