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Stock impact report

How Much Can You Earn by Depositing $10,000 Into a CD? [CNET News]

First Internet Bancorp (INBK) 
Last first internet bancorp earnings: 4/22 04:52 pm Check Earnings Report
Company Research Source: CNET News
The best certificates of deposit earn annual percentage yields , or APYs, over 5%. And unlike savings accounts, which have variable rates, your CD rate is locked in when you open the account. With APYs on the way down, that means opening a CD now can shield your earnings from future rate drops. If you have $10,000 to invest in a top-yielding CD, you can earn hundreds (or even thousands) in interest, which is much more than if you were to keep it in a traditional savings account. How much can you earn by depositing $10,000 into a CD? Here's how much you can earn if you deposit $10,000 into a six-month one-year three-year and five-year CD . Note that we're using the highest APYs currently available for each term based on the banks we track at CNET. Term Top APY Bank Total interest earnings Total value of CD on maturity 6 months Rising Bank 1 year NexBank 3 years First Internet Bank of Indiana 5 years First Internet Bank of Indiana APYs as of April 24, Show less Read more
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