The product CD 4-year Account from Community Commerce Bank with 3.97% APY and $10,000 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 $29,520. The interest earned would be $9,520 and the tax amount on the interest earned would be approximately $2,856.
Please note that this analysis assumes a constant interest rate and doesn't take into account any fees associated with the savings account.
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.
| Rate: 0.82% |
Annual Interest |
Annual Interest (After Tax) |
|
|---|---|---|---|
| 1 | 20,000 | 164 | 115 |
| 2 | 20,164 | 165 | 116 |
| 3 | 20,329 | 166 | 117 |
| 4 | 20,495 | 168 | 118 |
| 5 | 20,663 | 169 | 118 |
| 6 | 20,833 | 171 | 119 |
| 7 | 21,003 | 172 | 120 |
| 8 | 21,175 | 173 | 121 |
| 9 | 21,349 | 175 | 122 |
| 10 | 21,523 | 176 | 123 |
| TOTAL: | $1,700 | $1,190 |
| Rate: 3.97% |
Annual Interest |
Annual Interest (After Tax) |
|
|---|---|---|---|
| 1 | 20,000 | 794 | 556 |
| 2 | 20,794 | 826 | 578 |
| 3 | 21,620 | 858 | 601 |
| 4 | 22,478 | 892 | 625 |
| 5 | 23,370 | 928 | 649 |
| 6 | 24,298 | 965 | 675 |
| 7 | 25,263 | 1,003 | 702 |
| 8 | 26,266 | 1,043 | 730 |
| 9 | 27,308 | 1,084 | 759 |
| 10 | 28,392 | 1,127 | 789 |
| TOTAL: | $9,520 | $6,664 |
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.
| Date | APY |
|---|---|
| September 22, 2024 | 3.97% |
| September 6, 2024 | 4.23% |
| August 16, 2024 | 4.39% |
| August 2, 2024 | 4.54% |
| March 26, 2024 | 4.59% |
| January 12, 2024 | 4.54% |
| October 27, 2023 | 4.80% |
| August 20, 2023 | 4.82% |
| ONLINE BANKS | APY? | MIN? | ||
|---|---|---|---|---|
|
|
4.25% |
$25,000 |
Learn More | |
|
Last change: ↓0.16% on September 18. |
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|
|
4.20% |
$50,000 |
Learn More | |
|
Last change: ↑0.20% on December 7. |
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|
|
4.20% |
$1,000 |
Learn More | |
|
Last change: ↑0.05% on December 1. |
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|
|
4.15% |
$1,000 |
Learn More | |
|
Last change: ↑0.10% on December 1. |
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|
|
4.10% |
$25,000 |
Learn More | |
|
Last change: ↓0.15% on November 26. |
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Customer Reviews for Community Commerce Bank
samcasino
March 5, 2021
The best rate on any CD or savings account is .40%
Is this review helpful? Yes:0 / No: 0
NORTY FLATZ
December 3, 2019 |
I enjoyed doing business with CBB, even back in the days of them being "Community Thrift & Loan." I had my accounts there for decades.The only reason I no longer do business with CBB is that they closed the only local branch to me. (Oceanside.)
Sure wish they'd come back to the San Diego market.
Is this review helpful? Yes:1 / No: 0
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