Compound Interest Calculator
CD 1-year Account from Bank of Brenham, National Association with 1.06% APY and $100,000 minimum deposit



Use or Change These Amounts and Rates

The product CD 1-year Account from Bank of Brenham, National Association with 1.06% APY and $100,000 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 $22,224. The interest earned would be $2,224 and the tax amount on the interest earned would be approximately $667.

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

The Results for Bank of Brenham, National Association

Savings Boost of
$762 over 10 years
Cash Savings $20,000
Average Interest Earned $795

 
Bank of Brenham, National Association Interest Earned $1,557

 

 

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:
0.55%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 111 78
2 20,111 111 78
3 20,222 112 78
4 20,334 113 79
5 20,447 113 79
6 20,560 114 80
7 20,674 115 80
8 20,789 115 81
9 20,904 116 81
10 21,020 116 82
TOTAL: $1,136 $795

Bank of Brenham, National Association Scenario

Rate:
1.06%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 212 148
2 20,212 214 150
3 20,426 217 152
4 20,643 219 153
5 20,862 221 155
6 21,083 223 156
7 21,306 226 158
8 21,532 228 160
9 21,760 231 161
10 21,991 233 163
TOTAL: $2,224 $1,557

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.



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Customer Reviews for Bank of Brenham, National Association


  • December 1, 2020 |

    CDs 12 Month Rates

    Worth the drive out to the country!

  • December 1, 2020

    CDs 12 Month Rates

    I agree. This is a great bank. Give them a try if you are looking for great rates, less hassle, and friendly people. Felt right at home.

  • June 25, 2016

    CDs 12 Month Rates

    Great lobby hours and handled everything very professionally. One of the friendliest and less hassle banks I've been to.

  • June 25, 2016

    CDs 12 Month Rates

    This is a great bank! Friendly people and they respect your time and don't try to sell you stuff you don't need. I strongly recommend this bank.


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