Compound Interest Calculator
CD 6-month Account from Community Bank, National Association with 0.08% APY and $100,000 minimum deposit

Use or Change These Amounts and Rates

Cash Savings

Product:

Average Rate (%):

Community Bank, National Association Rate (%):

Compound Interest Period:

Tax Rate:

Please leave this field blank

The product CD 6-month Account from Community Bank, National Association with 0.08% 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 $20,161. The interest earned would be $161 and the tax amount on the interest earned would be approximately $48.

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

The Results for Community Bank, National Association

Savings Boost of
$-206 over 10 years

Cash Savings $20,000

Average Interest Earned $318

Community Bank, National Association Interest Earned $112

Compare

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

Community Bank, National Association Scenario

	Rate: 0.08%	Annual Interest	Annual Interest (After Tax)
1	20,000	16	11
2	20,016	16	11
3	20,032	16	11
4	20,048	16	11
5	20,064	16	11
6	20,080	16	11
7	20,096	16	11
8	20,112	16	11
9	20,128	16	11
10	20,144	16	11
	TOTAL:	$161	$112

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^?
TotalDirect, a division of City National Bank of Florida	5.51%	$25,000	Learn More
Last change: ↓0.15% on May 13. 3 Month CD.
ableBanking, a division of Northeast Bank	5.20%	$500	Learn More
Last change: ↓0.10% on August 16.
Gateway First Bank	5.15%	$500	Learn More
Last change: ↓0.10% on July 30.
LendingClub Bank, National Association	5.10%	$2,500	Learn More
Last change: ↓0.10% on September 18.
Quontic Bank	5.10%	$500	Learn More
Last change: ↑0.05% on August 24. Warning: Early withdrawal penalty equals six months of interest.

Compound Interest Calculator CD 6-month Account from Community Bank, National Association with 0.08% APY and $100,000 minimum deposit