Compound Interest Calculator
CD 2-year Account from CREDIT UNION OF GEORGIA with 3.20% APY and $500 minimum deposit

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The product CD 2-year Account from CREDIT UNION OF GEORGIA with 3.20% APY and $500 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 $27,405. The interest earned would be $7,405 and the tax amount on the interest earned would be approximately $2,221.

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 CREDIT UNION OF GEORGIA

Savings Boost of
$4,231 over 10 years

Cash Savings $20,000

Average Interest Earned $952

CREDIT UNION OF GEORGIA Interest Earned $5,183

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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: 0.66%	Annual Interest	Annual Interest (After Tax)
1	20,000	132	92
2	20,132	133	93
3	20,265	134	94
4	20,399	135	94
5	20,533	136	95
6	20,669	136	95
7	20,805	137	96
8	20,942	138	97
9	21,081	139	97
10	21,220	140	98
	TOTAL:	$1,360	$952

CREDIT UNION OF GEORGIA Scenario

	Rate: 3.20%	Annual Interest	Annual Interest (After Tax)
1	20,000	640	448
2	20,640	660	462
3	21,300	682	477
4	21,982	703	492
5	22,686	726	508
6	23,411	749	524
7	24,161	773	541
8	24,934	798	559
9	25,732	823	576
10	26,555	850	595
	TOTAL:	$7,405	$5,183

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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.

Recent Rate Changes

Date	APY
September 18, 2025	3.20%
February 17, 2025	3.45%
August 16, 2024	3.70%
April 15, 2024	4.09%
January 30, 2024	4.20%
November 3, 2023	4.45%
August 18, 2023	4.75%

Featured CD Rates

ONLINE BANKS	APY^?	MIN^?
Climate First Bank	4.34%	$500	Learn More
Last change: ↑1.66% on April 4.
Climate First Bank	4.34%	$500	Learn More
Last change: ↑0.66% on February 4. No Penalty CD.
Total Bank, a division of City National Bank of Florida	4.25%	$25,000	Learn More
Last change: ↓0.16% on September 18. 3 Month CD.
Home Savings Bank	4.20%	$5,000	Learn More
Last change: ↓0.05% on October 7. Early Withdrawal Penalty is 6 months interest.
Bread Savings, a division of Bread Financial	4.20%	$1,500	Learn More
Last change: ↓0.10% on October 13.

Compound Interest Calculator CD 2-year Account from CREDIT UNION OF GEORGIA with 3.20% APY and $500 minimum deposit