Compound Interest Calculator
CD Account from AMERICA FIRST with 4.50% APY



Use or Change These Amounts and Rates

The product CD Account from AMERICA FIRST with 4.50% APY 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 $31,059. The interest earned would be $11,059 and the tax amount on the interest earned would be approximately $3,318.

Please note that this analysis assumes a constant interest rate and doesn't take into account any fees associated with the savings account

The Results for AMERICA FIRST

Savings Boost of
$6,797 over 10 years
Cash Savings $20,000
Average Interest Earned $945

 
AMERICA FIRST Interest Earned $7,742

 

 

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 20,000 131 92
2 20,131 132 92
3 20,263 133 93
4 20,396 134 94
5 20,529 134 94
6 20,664 135 95
7 20,799 136 95
8 20,935 137 96
9 21,072 138 97
10 21,210 139 97
TOTAL: $1,349 $945

AMERICA FIRST Scenario

Rate:
4.50%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 900 630
2 20,900 941 658
3 21,841 983 688
4 22,823 1,027 719
5 23,850 1,073 751
6 24,924 1,122 785
7 26,045 1,172 820
8 27,217 1,225 857
9 28,442 1,280 896
10 29,722 1,337 936
TOTAL: $11,059 $7,742

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.


Recent Rate Changes



Date APY
February 2, 2024 4.50%
January 19, 2024 4.60%
September 1, 2023 4.75%
August 20, 2023 4.50%


Featured CD Rates

ONLINE BANKS APY? MIN?

6 Month CD Special. Must be linked to a standard consumer or business checking account in which 12.6% of the total combined balance is maintained. Otherwise APY is 5.25%.

Last change: ↑0.46% on December 15, 2023.
3 Month CD.

Last change: ↑0.60% on April 19.
Warning: Early Withdrawal Penalty is 12 Months interest.

Last change: ↑0.20% on September 8, 2023.
6 Month CD.

Last change: ↓0.05% on March 15.
3 Month CD.



Customer Reviews for America First


  • February 27, 2020 |

    CDs 6 Month Rates

    Always enjoy competitive CD rates, easy convenient loan processing, and staff is always Ben friendly a knowledgeable

  • January 29, 2020 |

    Switched to AF about 5 years ago after previous CU raised minimum rates. Local branch location staff great at remembering customers, great customer service. Not too thrilled with lower rates for savings products and/or higher rates for loan products.

  • March 27, 2019

    CDs 60 Month Rates

    Why is America first credit union not matching cd rates at Cyprus and golden west cu on 5 year cd forceing us to change credit unions after 30+ years with America first really disappointed in not being competive.

  • March 5, 2019 |

    CDs 6 Month Rates

    Mrb for 33yrs. 100% OUTSTANDING in every regard!


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