Compound Interest Calculator
CD Account from MutualOne Bank with 0.45% 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 MutualOne Bank

Savings Boost of
$-70 over 10 years
Cash Savings $20,000
Average Interest Earned $713

 
MutualOne Bank Interest Earned $643

 

 

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:
0.50%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 100 70
2 20,100 100 70
3 20,200 101 70
4 20,300 101 71
5 20,401 102 71
6 20,503 102 71
7 20,605 103 72
8 20,708 103 72
9 20,811 104 73
10 20,914 104 73
TOTAL: $1,019 $713

MutualOne Bank Scenario

Rate:
0.45%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 90 63
2 20,090 90 63
3 20,180 91 64
4 20,271 91 64
5 20,362 92 64
6 20,454 92 64
7 20,546 92 65
8 20,639 93 65
9 20,731 93 65
10 20,825 94 66
TOTAL: $918 $643

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

Advertiser Disclosure
ONLINE BANKS APY? MIN?

13-Month Online CD - Take your savings to the next level with our 13-month online CD special!

12-Month

High-yield savings with long-term rate security. Member FDIC.

12-Month

Start earning 5.75% APY with a high-yield CD that supports a greener economy. Easy signup. FDIC-insured.

9-Month

Take your savings to the next level with our 13-month online CD special!

13-Month

7-Month CD Special - Take your savings to the next level with our 7-month online CD special!

6-Month