Compound Interest Calculator
Money Market Account from Umpqua Bank with 4.40% 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 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 Umpqua Bank

Savings Boost of
$7,235 over 10 years
Cash Savings $20,000
Average Interest Earned $300

 
Umpqua Bank Interest Earned $7,534

 

 

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:
0.21%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 42 30
2 20,042 42 30
3 20,085 43 30
4 20,127 43 30
5 20,170 43 30
6 20,213 43 30
7 20,256 43 30
8 20,299 43 30
9 20,342 43 30
10 20,385 43 30
TOTAL: $428 $300

Umpqua Bank Scenario

Rate:
4.40%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 880 616
2 20,880 919 643
3 21,799 959 671
4 22,758 1,001 701
5 23,759 1,045 732
6 24,805 1,091 764
7 25,896 1,139 798
8 27,035 1,190 833
9 28,225 1,242 869
10 29,467 1,297 908
TOTAL: $10,763 $7,534

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

ONLINE BANKS APY? MIN?

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.

Last change: ↓0.05% on March 15.

Last change: ↑0.09% on March 12.