Compound Interest Calculator
Money Market Account from AVB Bank with 0.12% APY and $25,000 minimum deposit



Use or Change These Amounts and Rates

The product Money Market Account from AVB Bank with 0.12% APY and $25,000 minimum deposit and a tax rate of 30 compounded annually, with an initial amount of $20,000, after 10 years would have grown your savings to approximately $20,241. The interest earned would be $241 and the tax amount on the interest earned would be approximately $72.

Please note that this product is available in Oklahoma and this analysis assumes a constant interest rate and doesn't take into account any fees associated with the savings account.

The Results for AVB Bank

Savings Boost of
$-149 over 10 years
Cash Savings $20,000
Average Interest Earned $318

 
AVB Bank Interest Earned $169

 

 

See comparison detail table

This analysis is for demonstrative purposes only and may change should certain assumptions prove incorrect. Savings rates may change and CD rates may not be renewable for the length of the term of the analysis. The difference between the bank rate entered and the average rate may not remain constant throughout the term.

Comparison Detail Table Close X

Average Rate Scenario

Rate:
0.23%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 45 32
2 20,045 45 32
3 20,090 45 32
4 20,135 45 32
5 20,181 45 32
6 20,226 46 32
7 20,272 46 32
8 20,317 46 32
9 20,363 46 32
10 20,409 46 32
TOTAL: $455 $318

AVB Bank Scenario

Rate:
0.12%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 24 17
2 20,024 24 17
3 20,048 24 17
4 20,072 24 17
5 20,096 24 17
6 20,120 24 17
7 20,144 24 17
8 20,169 24 17
9 20,193 24 17
10 20,217 24 17
TOTAL: $241 $169

Take Action

The accounts below offer some of the best rates in the country can be opened online, and are available nationally. As the calculator shows, changing accounts to earn a higher interest rate can really add up over time.



Featured CD Rates

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Customer Reviews for AVB Bank


  • April 22, 2022 |

    I am considering finding another bank to do business with

  • April 22, 2022 |

    dealing with avb bank at 51st & Mingo in Tulsa this is one location you should avoid at ALL cost I have never in all the years of dealing with bankers been so badly treated by the lady manager there ( if you could call her a lady ha ha, who should be fired ) thought she had the right to chew me out over her perceived biases. the staff at that location is poorly trained and defiantly not helpful as reflected by their manager. I guess that they forgot that the customer is the reason their in business. I went to a different branch in broken arrow and was treated 100% better asking the teller to do the exact same transaction that I asked their other bank to do and wouldn't do, he was friendly and did not argue with me as their other branch did
    I will not be doing business with the 51st branch ever again. upper management you need to take this seriously if you dont think customer service is important and the way management treats coutomers


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