Compound Interest Calculator
CD 2-year Account from TELCO-TRIAD COMMUNITY with 0.85% APY and $100,000 minimum deposit



Use or Change These Amounts and Rates

The product CD 2-year Account from TELCO-TRIAD COMMUNITY with 0.85% 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 $21,767. The interest earned would be $1,767 and the tax amount on the interest earned would be approximately $530.

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

The Results for TELCO-TRIAD COMMUNITY

Savings Boost of
$285 over 10 years
Cash Savings $20,000
Average Interest Earned $952

 
TELCO-TRIAD COMMUNITY Interest Earned $1,237

 

 

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:
0.66%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 132 92
2 20,132 133 93
3 20,265 134 94
4 20,399 135 94
5 20,533 136 95
6 20,669 136 95
7 20,805 137 96
8 20,942 138 97
9 21,081 139 97
10 21,220 140 98
TOTAL: $1,360 $952

TELCO-TRIAD COMMUNITY Scenario

Rate:
0.85%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 170 119
2 20,170 171 120
3 20,341 173 121
4 20,514 174 122
5 20,689 176 123
6 20,865 177 124
7 21,042 179 125
8 21,221 180 126
9 21,401 182 127
10 21,583 183 128
TOTAL: $1,767 $1,237

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 Telco Triad Community


  • April 4, 2021

    I have been a member here for 30 years and I have a reloadable debit card. They accidentally put an extra $465 on my card. In order to return the money, I incurred a $2 fee, which they claimed they would reimburse me. They lied to me. They finally paid me after they got tired of me hounding them. They left me feeling like I did something wrong. I tried to talk to the CEO about it. He wouldn't return my call until I left a threatening message. Then he told me a few lies, told me I needed a checking account? Left me thinking he could care less. I closed my account there. I believe I would have been better off to give the $465 to charity and just pay the $2 fee.

    Show my statement to the CEO and I believe he will know who I am.


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