Certificate Calculator

Certificate of Deposit Calculator

The calculator below can help you determine how much interest you could earn with each certificate of deposit. Whether you are saving for the years to come, or just a few months, this calculator can help you reach your savings goals.

Share, Traditional IRA, Roth IRA, & Coverdell Education Savings Account Certificates Effective Date:
Term Interest Rate APY*
3 months1 0.20% 0.20%
6 months1 0.30% 0.30%
12 months1 0.55% 0.55%
18 months1 0.65% 0.65%
24 months1 0.80% 0.80%
30 months1 0.896% 0.90%
36 months1 1.045% 1.05%
48 months1 1.292% 1.30%
60 months1 1.539% 1.55%
12 month Add-On2 1.19% 1.20%
6 month special* 1.785% 1.80%
6 month relationship special** 1.982% 2.00%
All youth under the age of 18 will receive an additional 0.25% APY to the stated rates unless otherwise noted. A penalty fee may be imposed if you withdrawal funds prior to the maturity date.1 Rate Protector allows a one time rate adjustment for 3-36 month term CDs and a two time rate adjustment for 37-60 month term CDs with no penalties or fees.2 12 month add-on not eligible for additional 0.25%APY youth rate bump or rate protector adjustment.*No relationship requirement. CD special and relationship specials are eligible for a one time rate protector no matter the length of CD term.** Minimum (1) direct deposit or active checking (8+ debit card transactions) per month is required to receive above stated rates. Rate Protector and Youth 0.25% APY rate bump are valid on CD Specials. 6 Month Special CDs renew at the standard 6 month rate upon maturity. 

Initial deposit

The starting balance of your CD.

Months

The term of the CD, expressed in months.

Interest rate

The published interest rate for this CD. Make sure to enter the actual interest rate, not the annual percentage yield (APY). It is important to remember that these scenarios are hypothetical and that future interest rates can’t be predicted with certainty.

Compounding

The interest earned on your CD is added to your CD balance at regular intervals. This is called “compounding.” This calculator allows you to choose the frequency that your CD’s interest income is compounded. The more frequently this occurs, the sooner your accumulated interest income will generate additional interest. You may wish to check with your financial institution or account opening documents to find out how often interest is being compounded on your CD.

Annual percentage yield (APY)

This is the effective annual interest rate earned for this CD. A CD’s APY depends on the frequency of compounding and the interest rate. Since APY measures your actual interest earned per year, you can use it to compare CDs that have different interest rates and compounding frequencies.

Please Note: Information and interactive calculators are available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.

Information and interactive calculators are available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.