Compound Interest Calculator
CD Account from Peoples Community 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 Peoples Community Bank

Savings Boost of
$-439 over 10 years
Cash Savings $20,000
Average Interest Earned $1,082

 
Peoples Community 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:
0.75%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 149 105
2 20,149 151 105
3 20,300 152 106
4 20,452 153 107
5 20,604 154 108
6 20,758 155 109
7 20,913 156 109
8 21,070 157 110
9 21,227 159 111
10 21,385 160 112
TOTAL: $1,545 $1,082

Peoples Community 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?

Earn 5.20% Annual Percentage Yield (APY) with a 12-month CD. Member FDIC.

12-Month

Earn 5.15% Annual Percentage Yield (APY) with a 6-month CD. Member FDIC.

6-Month

Must be linked to a standard consumer or business checking account in which 12.6% of the total combined balance is maintained. Otherwise APY is 5.25%.

Last change: ↑0.46% on December 15, 2023.

Last change: ↑0.20% on September 8, 2023.