The product CD 5-year Account from SPOKANE TEACHERS with 3.00% APY and $2,000 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 $26,878. The interest earned would be $6,878 and the tax amount on the interest earned would be approximately $2,063.
Please note that this product is available in Idaho 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: 0.92% |
Annual Interest |
Annual Interest (After Tax) |
|
|---|---|---|---|
| 1 | 20,000 | 183 | 128 |
| 2 | 20,183 | 185 | 129 |
| 3 | 20,368 | 186 | 130 |
| 4 | 20,554 | 188 | 132 |
| 5 | 20,742 | 190 | 133 |
| 6 | 20,932 | 192 | 134 |
| 7 | 21,123 | 193 | 135 |
| 8 | 21,317 | 195 | 137 |
| 9 | 21,512 | 197 | 138 |
| 10 | 21,709 | 199 | 139 |
| TOTAL: | $1,907 | $1,335 |
| Rate: 3.00% |
Annual Interest |
Annual Interest (After Tax) |
|
|---|---|---|---|
| 1 | 20,000 | 600 | 420 |
| 2 | 20,600 | 618 | 433 |
| 3 | 21,218 | 637 | 446 |
| 4 | 21,855 | 656 | 459 |
| 5 | 22,510 | 675 | 473 |
| 6 | 23,185 | 696 | 487 |
| 7 | 23,881 | 716 | 502 |
| 8 | 24,597 | 738 | 517 |
| 9 | 25,335 | 760 | 532 |
| 10 | 26,095 | 783 | 548 |
| TOTAL: | $6,878 | $4,815 |
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.
| Date | APY |
|---|---|
| September 22, 2024 | 3.00% |
| September 22, 2024 | 0.25% |
| September 13, 2024 | 3.50% |
| September 13, 2024 | 0.25% |
| September 6, 2024 | 3.50% |
| September 6, 2024 | 0.25% |
| August 31, 2024 | 3.50% |
| August 31, 2024 | 0.25% |
| August 16, 2024 | 3.50% |
| April 19, 2024 | 0.25% |
| March 26, 2024 | 3.50% |
| March 26, 2024 | 0.25% |
| March 19, 2024 | 3.50% |
| March 19, 2024 | 0.25% |
| March 14, 2024 | 3.50% |
| March 14, 2024 | 0.25% |
| March 6, 2024 | 3.50% |
| March 6, 2024 | 0.25% |
| February 23, 2024 | 3.50% |
| February 23, 2024 | 0.25% |
| February 20, 2024 | 3.50% |
| February 20, 2024 | 0.25% |
| February 13, 2024 | 3.50% |
| February 13, 2024 | 0.25% |
| February 9, 2024 | 3.50% |
| February 9, 2024 | 0.25% |
| February 6, 2024 | 3.50% |
| February 6, 2024 | 0.25% |
| February 2, 2024 | 3.50% |
| February 2, 2024 | 0.25% |
| January 30, 2024 | 3.50% |
| January 30, 2024 | 0.25% |
| January 26, 2024 | 3.50% |
| January 26, 2024 | 0.25% |
| January 23, 2024 | 3.50% |
| January 23, 2024 | 0.25% |
| January 19, 2024 | 3.50% |
| January 19, 2024 | 0.25% |
| January 16, 2024 | 3.50% |
| January 16, 2024 | 0.25% |
| January 12, 2024 | 3.50% |
| January 12, 2024 | 0.25% |
| January 9, 2024 | 3.50% |
| January 9, 2024 | 0.25% |
| January 5, 2024 | 3.50% |
| January 2, 2024 | 0.25% |
| December 29, 2023 | 3.50% |
| December 26, 2023 | 0.25% |
| December 22, 2023 | 3.50% |
| December 22, 2023 | 0.25% |
| December 19, 2023 | 3.50% |
| December 19, 2023 | 0.25% |
| December 15, 2023 | 3.50% |
| December 15, 2023 | 0.25% |
| December 12, 2023 | 3.50% |
| December 12, 2023 | 0.25% |
| December 8, 2023 | 3.50% |
| December 8, 2023 | 0.25% |
| December 5, 2023 | 3.50% |
| December 5, 2023 | 0.25% |
| December 1, 2023 | 3.50% |
| November 28, 2023 | 0.25% |
| November 24, 2023 | 3.50% |
| November 24, 2023 | 0.25% |
| November 21, 2023 | 3.50% |
| November 21, 2023 | 0.25% |
| November 17, 2023 | 3.50% |
| November 17, 2023 | 0.25% |
| November 14, 2023 | 3.50% |
| November 14, 2023 | 0.25% |
| November 10, 2023 | 3.50% |
| November 10, 2023 | 0.25% |
| November 7, 2023 | 3.50% |
| November 7, 2023 | 0.25% |
| November 3, 2023 | 3.50% |
| November 3, 2023 | 0.25% |
| October 31, 2023 | 3.50% |
| October 31, 2023 | 0.25% |
| October 27, 2023 | 3.50% |
| October 24, 2023 | 0.25% |
| October 20, 2023 | 3.50% |
| October 20, 2023 | 0.25% |
| October 17, 2023 | 3.50% |
| October 17, 2023 | 0.25% |
| October 13, 2023 | 3.50% |
| October 13, 2023 | 0.25% |
| October 10, 2023 | 3.50% |
| October 10, 2023 | 0.25% |
| October 6, 2023 | 3.50% |
| October 6, 2023 | 0.25% |
| October 3, 2023 | 3.50% |
| October 3, 2023 | 0.25% |
| September 29, 2023 | 3.50% |
| September 29, 2023 | 0.25% |
| September 26, 2023 | 3.50% |
| September 26, 2023 | 0.25% |
| September 22, 2023 | 3.50% |
| September 22, 2023 | 0.25% |
| September 19, 2023 | 3.50% |
| September 19, 2023 | 0.25% |
| September 15, 2023 | 3.50% |
| September 15, 2023 | 0.25% |
| September 12, 2023 | 3.50% |
| September 12, 2023 | 0.25% |
| September 8, 2023 | 3.50% |
| September 8, 2023 | 0.25% |
| September 5, 2023 | 3.50% |
| September 5, 2023 | 0.25% |
| September 1, 2023 | 3.50% |
| September 1, 2023 | 0.25% |
| August 30, 2023 | 3.50% |
| August 30, 2023 | 0.25% |
| August 18, 2023 | 3.50% |
| August 18, 2023 | 0.25% |
| ONLINE BANKS | APY? | MIN? | ||
|---|---|---|---|---|
|
|
4.91% |
$25,000 |
Learn More | |
|
Last change: ↓0.09% on October 17. |
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|
|
4.90% |
$10,000 |
Learn More | |
|
Last change: ↓0.15% on September 6. |
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|
|
4.80% |
$50,000 |
Learn More | |
|
Last change: ↓0.09% on December 7. |
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|
|
4.75% |
$50,000 |
Learn More | |
|
Last change: ↑0.25% on November 25. |
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|
|
4.70% |
$1,000 |
Learn More | |
|
Last change: ↑0.70% on December 7. |
||||
Customer Reviews for Spokane Teachers
Guy
December 22, 2021 |
STCU this rate is over twice what I was told at the credit union
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