Savings growth calculator

See how an initial deposit plus monthly contributions grows at a given APY. Credit unions often pay higher savings APYs than big banks, which compounds over time.

Balance after 5 years$15,669
You contributed$14,000
Interest earned$1,669
Extra vs a 0.5% bank APY$1,470

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Frequently asked questions

How does APY grow my savings?

APY is your rate including compounding. Higher APY and regular contributions grow your balance faster, especially over many years.

Estimates are for illustration only and assume monthly compounding; actual terms vary by credit union. Not financial advice.