Calculate Yield at Maturity

Your Savings at Maturity

Value at Maturity
Interest Earned
Average Monthly Interest
Annual Percentage Yield (APY)

A certificate of deposit (or CD) is a savings instrument offered by a bank or credit union that has a fixed date of maturity and a fixed interest rate. A credit union might use the term Share Certificate, Term Certificate or just Certificate to refer to the same product. Most CDs require a minimum deposit amount and may offer rates contingent on the size of the deposit. The interest you earn on your deposit depends on the interest rate, the term of the deposit and the compounding method. Deposits that compound with greater frequency will have a higher Annual Percentage Yield, or APY. Your APY is the effective annual rate of return once the effect of compounding interest is factored in. Most CDs restrict access to the funds until the CD reaches its maturity date.

The accuracy of this calculator is not guaranteed by First Citizens Bank [or its affiliates] and is intended for informational purposes only. The calculator displayed does not constitute the advice of, or reflect actual products, services, rates and/or terms available from First Citizens Bank [or its affiliates] and nothing contained in the calculator shall constitute an offer or solicitation of a product or service by First Citizens Bank [or its affiliates].