Compound Interest Calculator
CD 1-year Account from Colorado Federal Savings Bank with 4.10% APY and $5,000 minimum deposit
Use or Change These Amounts and Rates
The product CD 1-year Account from Colorado Federal Savings Bank with 4.10% APY and $5,000 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 $29,891. The interest earned would be $9,891 and the tax amount on the interest earned would be approximately $2,967.
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 Colorado Federal Savings Bank
Savings Boost of
$6,136 over 10 years
$6,136 over 10 years
Cash Savings
$20,000
Average Interest Earned
$788
Colorado Federal Savings Bank Interest Earned
$6,924
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: 0.55% |
Annual Interest |
Annual Interest (After Tax) |
|
|---|---|---|---|
| 1 | 20,000 | 110 | 77 |
| 2 | 20,110 | 110 | 77 |
| 3 | 20,220 | 111 | 78 |
| 4 | 20,331 | 112 | 78 |
| 5 | 20,443 | 112 | 79 |
| 6 | 20,555 | 113 | 79 |
| 7 | 20,668 | 113 | 79 |
| 8 | 20,781 | 114 | 80 |
| 9 | 20,895 | 115 | 80 |
| 10 | 21,010 | 115 | 81 |
| TOTAL: | $1,126 | $788 |
Colorado Federal Savings Bank Scenario
| Rate: 4.10% |
Annual Interest |
Annual Interest (After Tax) |
|
|---|---|---|---|
| 1 | 20,000 | 820 | 574 |
| 2 | 20,820 | 854 | 598 |
| 3 | 21,674 | 889 | 622 |
| 4 | 22,562 | 925 | 648 |
| 5 | 23,487 | 963 | 674 |
| 6 | 24,450 | 1,002 | 702 |
| 7 | 25,453 | 1,044 | 730 |
| 8 | 26,496 | 1,086 | 760 |
| 9 | 27,583 | 1,131 | 792 |
| 10 | 28,714 | 1,177 | 824 |
| TOTAL: | $9,891 | $6,924 |
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Recent Rate Changes
| Date | APY |
|---|---|
| July 20, 2026 | 4.10% |
| June 18, 2026 | 4.05% |
| May 11, 2026 | 4.00% |
| October 20, 2025 | 3.90% |
| October 13, 2025 | 4.10% |
| September 1, 2025 | 4.20% |
| August 11, 2025 | 4.30% |
| June 24, 2025 | 4.40% |
| May 26, 2025 | 4.00% |
| February 17, 2025 | 4.40% |
| January 22, 2025 | 4.45% |
| October 9, 2024 | 4.50% |
| September 18, 2024 | 4.75% |
| August 21, 2024 | 5.05% |
| August 2, 2024 | 5.20% |
| February 26, 2024 | 5.30% |
| February 6, 2024 | 5.40% |
| January 24, 2024 | 5.50% |
Featured CD Rates
| ONLINE BANKS | APY? | MIN? | ||
|---|---|---|---|---|
|
|
4.50% |
$1,500 |
Learn More | |
|
Last change: ↑0.25% on August 10. |
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|
|
4.50% |
$10,000 |
Learn More | |
|
Last change: ↑0.65% on August 6. |
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|
|
4.50% |
$10,000 |
Learn More | |
|
Last change: ↑1.20% on August 6. |
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|
|
4.50% |
$10,000 |
Learn More | |
|
Last change: ↑1.20% on August 6. |
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|
|
4.45% |
$500 |
Learn More | |
|
Last change: ↑0.40% on April 27. |
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Customer Reviews for Colorado Federal Savings Bank (18)
2.8 out of 5 based on 10 ratings
jp2
July 1, 2022 |
not really an onllne bank. compare this interface that gives you no information with that of any other bank (I cannot even confirm the rate). cannot switch in and out of cds or np cds. just not an online bank. maybe some form of correspondent bank, but not online bank.
Is this review helpful? Yes:2 / No: 1
even steven 11
March 15, 2022 | | Replies 1
I like the No Penalty CDs at this bank. They are easy to work with and friendly! One hassle is that you need to keep the funding account open and as rates go up, they are more difficult to get in and out of than maybe Ally. But, with the rate above anything else available, it is still 5 stars.
Is this review helpful? Yes:0 / No: 0
kay5 | May 17, 2022
"one hassle" is right, baby. The No Penalty CDs here don't work at all in a rising rate environment vs. ALLY and MARCUS where it takes 2 seconds to get the higher rate on their website without transferring the money anywhere.
6Willy
March 7, 2022 |
Very pleased with the 0.82 No Penalty CD. I cannot get that anywhere on this list!
Is this review helpful? Yes:0 / No: 0
CD Matured
December 10, 2019 |
My CD matured and they sent the money back. I am not getting a new CD now since rates are too low. I just wanted to say that the people were absolutely wonderful to deal with.
Is this review helpful? Yes:0 / No: 0
Good luck
November 21, 2017 |
Good luck getting your money back if you mistakenly opened a 1 year CD here a year ago when their rates were at the top.
Is this review helpful? Yes:5 / No: 1
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