Skip Navigation Skip to Online Banking Skip to Accessible Content

Knowledge Center

Find the answers to your questions related to Members 1st products, and services.

Compound Interest

 

Compound interest is interest added to the principal of a deposit or loan so that the added interest also earns interest from then on. This addition of interest to the principal is called compounding.

 

 

Eligible to all Butte, Glenn, Shasta, and Tehama County residents. Join Now
We use cookies to make navigation easier, analyze site use, and assist our marketing, as explained in our Online Privacy Policy.