Compound Interest Calculator
CD 5-year Account from Cottonport Bank with 0.65% APY and $10,000 minimum deposit



Use or Change These Amounts and Rates

The product CD 5-year Account from Cottonport Bank with 0.65% 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 $21,339. The interest earned would be $1,339 and the tax amount on the interest earned would be approximately $402.

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

The Results for Cottonport Bank

Savings Boost of
$-398 over 10 years
Cash Savings $20,000
Average Interest Earned $1,335

 
Cottonport Bank Interest Earned $937

 

 

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:
0.92%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 183 128
2 20,183 185 129
3 20,368 186 130
4 20,554 188 132
5 20,742 190 133
6 20,932 192 134
7 21,123 193 135
8 21,317 195 137
9 21,512 197 138
10 21,709 199 139
TOTAL: $1,907 $1,335

Cottonport Bank Scenario

Rate:
0.65%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 130 91
2 20,130 131 92
3 20,261 132 92
4 20,393 133 93
5 20,525 133 93
6 20,659 134 94
7 20,793 135 95
8 20,928 136 95
9 21,064 137 96
10 21,201 138 96
TOTAL: $1,339 $937

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: ↓0.09% on October 17.
3 Month CD.

Last change: ↓0.15% on September 6.

Last change: ↑0.20% on October 28.
Early Withdrawal Penalty is 3 months interest.

Last change: ↓0.50% on October 1.



Customer Reviews for Cottonport Bank


  • April 2, 2022 |

    We looked long and hard for a bank in our oil and gas supported city that isn't out to destroy us with energy and America killing ESG and DEI programs. I even asked the Better Business Bureau to compile a list of Woke-Free businesses we can patronize. Everyone's asking.

    Our citizens have had it with the indoctrinated activist NGO's working at the behest of the globalists, China, Russia and pretty much every single one of America's enemies who finance these America killing programs our corporate fools have caved to.

    I mistakenly joined Hancock Whitney, trying to escape Capitol One, because I didn't see any of the radical lingo on their main page and they are a southern bank where many of their customers are in the oil and natural gas business. What kind of banks think it's okay to destroy the livelihoods of their customers and then virtue signal about it through these destructive programs? Anyway, I was researching unrelated material and there was Hancock Whitney as a sponsor for a BLM activist. In what universe do businesses think we wish to align ourselves with the Child Abusing Democrat's domestic terrorist arm, BLM? I told them off and closed my account.

    My former party of tolerance has a pedophilic obsession with indoctrinating, masking, jabbing and sexualizing America's children and I don't know anyone admitting they still belong to this party yet businesses are still subscribing to destroying their own economy via ESG.

    I opened an account a couple of days ago with Cottonport Bank and thoroughly vetted them ahead of time. No wokeness found and they actually give to our local police, firefighters and those the left demonizes. They even have patriotic checks! I see you are trying to harass "Climate Initiatives" from this bank so that tells me they are woke-free or did their homework and know it is a Global Green Ponzi Scheme (I am an authentic greener).

    You people might want to catch up to the morals and expectations of the majority of Everyday Americans who hate and/or have been chronically harassed by the Woke. They work for our enemies but you should already know that.

    We demand Woke-Free businesses and I told Cottonport Bank that they could increase their business if they would just advertise as a Woke-Free environment. Look how well it's working for the Daily Wire's razor sales against Harry's. Love it!

    Does BestCashCow plan on creating a Woke-Free list of businesses? It would be very helpful to we Americans who do not wish to contribute to our own demise.


    Independent Fed Up American,
    Cindy Hayes
    Lafayette, LA


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