Compound Interest Calculator
CD 3-year Account from Bank of Brenham, National Association with 1.16% APY and $100,000 minimum deposit



Use or Change These Amounts and Rates

The product CD 3-year Account from Bank of Brenham, National Association with 1.16% 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 $22,445. The interest earned would be $2,445 and the tax amount on the interest earned would be approximately $733.

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
$624 over 10 years
Cash Savings $20,000
Average Interest Earned $1,088

 
Bank of Brenham, National Association Interest Earned $1,711

 

 

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:
0.75%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 150 105
2 20,150 151 106
3 20,302 152 107
4 20,454 154 108
5 20,608 155 108
6 20,762 156 109
7 20,918 157 110
8 21,075 158 111
9 21,234 159 112
10 21,393 161 112
TOTAL: $1,554 $1,088

Bank of Brenham, National Association Scenario

Rate:
1.16%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 232 162
2 20,232 235 164
3 20,467 237 166
4 20,704 240 168
5 20,944 243 170
6 21,187 246 172
7 21,433 249 174
8 21,682 252 176
9 21,933 254 178
10 22,188 257 180
TOTAL: $2,445 $1,711

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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