Compound Interest Calculator
CD 4-year Account from Community Valley Bank with 0.35% APY and $10,000 minimum deposit
Use or Change These Amounts and Rates
The product CD 4-year Account from Community Valley Bank with 0.35% 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 $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 California and this analysis assumes a constant interest rate and doesn't take into account any fees associated with the savings account.
Our records indicate that this institution has been acquired by FRONTWAVE.
The Results for Community Valley Bank
Savings Boost of
$-695 over 10 years
$-695 over 10 years
Cash Savings
$20,000
Average Interest Earned
$1,193
Community Valley Bank Interest Earned
$498
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: 0.82% |
Annual Interest |
Annual Interest (After Tax) |
|
|---|---|---|---|
| 1 | 20,000 | 164 | 115 |
| 2 | 20,164 | 166 | 116 |
| 3 | 20,330 | 167 | 117 |
| 4 | 20,497 | 168 | 118 |
| 5 | 20,665 | 170 | 119 |
| 6 | 20,835 | 171 | 120 |
| 7 | 21,006 | 172 | 121 |
| 8 | 21,178 | 174 | 122 |
| 9 | 21,352 | 175 | 123 |
| 10 | 21,527 | 177 | 124 |
| TOTAL: | $1,704 | $1,193 |
Community Valley 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 |
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Featured CD Rates
| ONLINE BANKS | APY? | MIN? | ||
|---|---|---|---|---|
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4.50% |
$10,000 |
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Last change: ↑0.65% on August 6. |
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4.50% |
$10,000 |
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Last change: ↑1.20% on August 6. |
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4.50% |
$10,000 |
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Last change: ↑1.20% on August 6. |
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4.45% |
$500 |
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Last change: ↑0.40% on April 27. |
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4.45% |
$500 |
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Last change: ↑0.38% on April 27. |
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Customer Reviews for Community Valley Bank
laberta ewing
March 17, 2015
I called this bank to start a CD and was told needed $250,000 to get the offered rate??? The page shows $10,000 as a minimum amount. Very False advertising and a waste of time for many.
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