Compound Interest Calculator
CD Account from MEMBERS UNITED CREDIT UNION with 1.51% APY

Small differences in savings or CD rates may seem trivial. But, earning more in your savings and CD accounts can lead to much larger account balances balances over time when you examine the difference in compound interest over time. Use our calculator on the right below to see how much larger your accounts can be by moving to higher earning savings and CD rates.

Use or Change these Amounts And Rates

The Results for MEMBERS UNITED CREDIT UNION

Savings Boost of
$1,499 over 10 years
Cash Savings $20,000
Average Interest Earned $764

 
MEMBERS UNITED CREDIT UNION Interest Earned $2,264

 

 

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:
0.53%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 107 75
2 20,107 107 75
3 20,214 108 75
4 20,322 108 76
5 20,430 109 76
6 20,539 109 77
7 20,648 110 77
8 20,758 111 77
9 20,869 111 78
10 20,980 112 78
TOTAL: $1,092 $764

MEMBERS UNITED CREDIT UNION Scenario

Rate:
1.51%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 302 211
2 20,302 307 215
3 20,609 311 218
4 20,920 316 221
5 21,236 321 224
6 21,556 326 228
7 21,882 330 231
8 22,212 335 235
9 22,548 340 238
10 22,888 346 242
TOTAL: $3,234 $2,264

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.