Compound Interest Calculator
CD 4-year Account from CIBM Bank with 0.35% APY and $100,000 minimum deposit

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The product CD 4-year Account from CIBM Bank with 0.35% 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 $20,711. The interest earned would be $711 and the tax amount on the interest earned would be approximately $213.

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

The Results for CIBM Bank

Savings Boost of
$-892 over 10 years

Cash Savings $20,000

Average Interest Earned $1,390

CIBM Bank Interest Earned $498

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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: 0.95%	Annual Interest	Annual Interest (After Tax)
1	20,000	190	133
2	20,190	192	134
3	20,382	194	136
4	20,576	196	137
5	20,772	198	138
6	20,969	199	140
7	21,169	201	141
8	21,370	203	142
9	21,573	205	144
10	21,778	207	145
	TOTAL:	$1,985	$1,390

CIBM Bank Scenario

	Rate: 0.35%	Annual Interest	Annual Interest (After Tax)
1	20,000	70	49
2	20,070	70	49
3	20,140	70	49
4	20,211	71	50
5	20,281	71	50
6	20,352	71	50
7	20,424	71	50
8	20,495	72	50
9	20,567	72	50
10	20,639	72	51
	TOTAL:	$711	$498

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 CIBM Bank

theee

December 26, 2017 |

CDs 12 Month Rates

Good people to deal with. Competitive rates better than CEFCU. Easy in/out processing of CD's & MM.

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Compound Interest Calculator CD 4-year Account from CIBM Bank with 0.35% APY and $100,000 minimum deposit