Compound Interest Calculator
CD 18-month Account from COMBINED EMPLOYEES with 0.85% APY and $100,000 minimum deposit



Use or Change These Amounts and Rates

The product CD 18-month Account from COMBINED EMPLOYEES 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 Georgia and this analysis assumes a constant interest rate and doesn't take into account any fees associated with the savings account.

The Results for COMBINED EMPLOYEES

Savings Boost of
$921 over 10 years
Cash Savings $20,000
Average Interest Earned $315

 
COMBINED EMPLOYEES 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:
0.22%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 45 31
2 20,045 45 31
3 20,089 45 31
4 20,134 45 31
5 20,179 45 31
6 20,224 45 32
7 20,269 45 32
8 20,314 45 32
9 20,360 45 32
10 20,405 46 32
TOTAL: $451 $315

COMBINED EMPLOYEES 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.



Featured CD Rates

ONLINE BANKS APY? MIN?

Last change: ↑0.05% on August 24.
Warning: Early withdrawal penalty equals six months of interest.

Last change: ↑0.85% on August 31.

Last change: ↓0.45% on May 13.
6 Month CD.

Last change: ↑4.00% on November 24, 2023.



Customer Reviews for Combined Employees


  • July 17, 2019 |

    CECU is the best kept secret in the Middle Georgia area! In 2019, CECU will be celebrating their 50th year in business! The credit union is not open to the general public. Their composition of members include the brotherhood and sisterhood of First Responders (Police, Sheriff, Fire, Medical, and 911 Operators). Employees of the local municipalities are eligible to join CECU as well.

  • July 17, 2019 |

    Yes, CECU is a major competitor in the market for these types of loans. Rates are always very competitive in the market.

  • July 17, 2019 |

    Not at this time

  • July 17, 2019 |

    CECU does have access to mortgage loans through a 3rd party provider for members of the credit union. Substantial savings can be derived from specific exclusions to normal closing costs.

  • July 17, 2019 |

    593 Russell Parkway
    Warner Robins GA 31088


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