Compound Interest Calculator
CD 15-month Account from Rising Bank, a division of Midwest BankCentre with 4.00% APY and $1,000 minimum deposit
Use or Change These Amounts and Rates
The product CD 15-month Account from Rising Bank, a division of Midwest BankCentre with 4.00% APY and $1,000 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 $29,605. The interest earned would be $9,605 and the tax amount on the interest earned would be approximately $2,881.
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 Rising Bank, a division of Midwest BankCentre
Savings Boost of
$6,394 over 10 years
$6,394 over 10 years
Cash Savings
$20,000
Average Interest Earned
$330
Rising Bank, a division of Midwest BankCentre Interest Earned
$6,723
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: 0.23% |
Annual Interest |
Annual Interest (After Tax) |
|
|---|---|---|---|
| 1 | 20,000 | 47 | 33 |
| 2 | 20,047 | 47 | 33 |
| 3 | 20,093 | 47 | 33 |
| 4 | 20,140 | 47 | 33 |
| 5 | 20,187 | 47 | 33 |
| 6 | 20,234 | 47 | 33 |
| 7 | 20,281 | 47 | 33 |
| 8 | 20,328 | 47 | 33 |
| 9 | 20,376 | 47 | 33 |
| 10 | 20,423 | 48 | 33 |
| TOTAL: | $471 | $330 |
Rising Bank, a division of Midwest BankCentre Scenario
| Rate: 4.00% |
Annual Interest |
Annual Interest (After Tax) |
|
|---|---|---|---|
| 1 | 20,000 | 800 | 560 |
| 2 | 20,800 | 832 | 582 |
| 3 | 21,632 | 865 | 606 |
| 4 | 22,497 | 900 | 630 |
| 5 | 23,397 | 936 | 655 |
| 6 | 24,333 | 973 | 681 |
| 7 | 25,306 | 1,012 | 709 |
| 8 | 26,319 | 1,053 | 737 |
| 9 | 27,371 | 1,095 | 766 |
| 10 | 28,466 | 1,139 | 797 |
| TOTAL: | $9,605 | $6,723 |
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Recent Rate Changes
| Date | APY |
|---|---|
| June 12, 2026 | 4.00% |
| February 23, 2026 | 3.75% |
| December 12, 2025 | 3.10% |
| November 10, 2025 | 3.30% |
| September 23, 2025 | 3.50% |
| September 3, 2025 | 3.65% |
| July 13, 2025 | 4.10% |
| June 12, 2025 | 4.25% |
| April 18, 2025 | 4.10% |
| March 24, 2025 | 4.20% |
| February 26, 2025 | 4.35% |
| January 22, 2025 | 4.25% |
| August 7, 2024 | 3.75% |
Featured CD Rates
Advertiser Disclosure| ONLINE BANKS | APY? | MIN? | ||
|---|---|---|---|---|
|
|
4.50% | $100,000 |
Learn More on the North American Savings Bank, F.S.B. website |
|
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Take your savings to the next level with our 12-month online CD special! 12-Month |
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|
4.95% |
$10,000 |
Learn More | |
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Last change: ↑0.45% on October 1. |
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4.85% |
$10,000 |
Learn More | |
|
Last change: ↑0.35% on October 1. |
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|
4.80% |
$10,000 |
Learn More | |
|
Last change: ↑0.30% on October 1. |
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|
|
4.65% |
$1,000 |
Learn More | |
|
Last change: ↑0.35% on September 25. |
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Customer Reviews for Rising Bank, a division of Midwest BankCentre
2.6 out of 5 based on 5 ratings
Az1
August 26, 2022
Too slow to raise rates.
Is this review helpful? Yes:0 / No: 1
Dr Louie
May 19, 2022 |
I am singing the blues with Rising. I had opened about 8 months ago when they were a rate leader at 0.60%. Now they are at 0.65% and everyone is much higher and I cannot seems to get my cash out fast enough.
Is this review helpful? Yes:0 / No: 0
12JBS34
August 13, 2021 |
Very pleased with the no penalty cd which locks in a rate for 15 months and is always .10% above the savings rate.
Is this review helpful? Yes:5 / No: 0
Savvysaver
June 25, 2020
I can tell you nothing of this bank. I can tell you the rate posted here is incorrect (FIFTH one today!) I only wish I could review BestCashCow.
Is this review helpful? Yes:4 / No: 0
Lisa P
June 28, 2019 |
I called and was told that the early withdrawal penalties are only 90 days on a 1-year CD and 180 days on anything longer. That seems more reasonable that the other penalties I see in this table. Is there any bank offering still lower early penalties in case I need the money in an emergency?
Is this review helpful? Yes:5 / No: 1
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