Compound Interest Calculator
Money Market Account from Bank of Brenham, National Association with 0.10% APY and $10,000 minimum deposit



Use or Change These Amounts and Rates

The product Money Market Account from Bank of Brenham, National Association with 0.10% APY and $10,000 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 $20,201. The interest earned would be $201 and the tax amount on the interest earned would be approximately $60.

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
$-178 over 10 years
Cash Savings $20,000
Average Interest Earned $318

 
Bank of Brenham, National Association Interest Earned $141

 

 

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

Bank of Brenham, National Association Scenario

Rate:
0.10%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 20 14
2 20,020 20 14
3 20,040 20 14
4 20,060 20 14
5 20,080 20 14
6 20,100 20 14
7 20,120 20 14
8 20,140 20 14
9 20,161 20 14
10 20,181 20 14
TOTAL: $201 $141

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

ONLINE BANKS APY? MIN?

Last change: ↑0.25% on October 28.
6 Month Jumbo CD.

Last change: ↑3.00% on August 7.

Last change: ↓0.09% on October 17.
3 Month CD.

Last change: ↓0.15% on September 6.

Last change: ↓0.05% on September 27.



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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