Compound Interest Calculator
CD 3-year Account from First Interstate Bank with 0.25% APY and $10,000 minimum deposit

Use or Change These Amounts and Rates

Cash Savings

Product:

Average Rate (%):

First Interstate Bank Rate (%):

Compound Interest Period:

Tax Rate:

Please leave this field blank

The product CD 3-year Account from First Interstate Bank with 0.25% 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 $20,506. The interest earned would be $506 and the tax amount on the interest earned would be approximately $152.

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

The Results for First Interstate Bank

Savings Boost of
$-732 over 10 years

Cash Savings $20,000

Average Interest Earned $1,086

First Interstate Bank Interest Earned $354

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: 0.75%	Annual Interest	Annual Interest (After Tax)
1	20,000	150	105
2	20,150	151	106
3	20,301	152	107
4	20,453	153	107
5	20,607	155	108
6	20,761	156	109
7	20,917	157	110
8	21,074	158	111
9	21,232	159	111
10	21,391	160	112
	TOTAL:	$1,552	$1,086

First Interstate Bank Scenario

	Rate: 0.25%	Annual Interest	Annual Interest (After Tax)
1	20,000	50	35
2	20,050	50	35
3	20,100	50	35
4	20,150	50	35
5	20,201	51	35
6	20,251	51	35
7	20,302	51	36
8	20,353	51	36
9	20,404	51	36
10	20,455	51	36
	TOTAL:	$506	$354

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^?
My e-Banc, a division of Bradesco BAC Florida Bank	5.00%	$50,000	Learn More
Last change: ↑0.25% on October 28. 6 Month Jumbo CD.
Valley Direct, a division of Valley National Bank	5.00%	$500	Learn More
Last change: ↑3.00% on August 7.
TotalDirect, a division of City National Bank of Florida	4.91%	$25,000	Learn More
Last change: ↓0.09% on October 17. 3 Month CD.
Norwood Bank	4.90%	$10,000	Learn More
Last change: ↓0.15% on September 6.
Prime Alliance Bank	4.90%	$500	Learn More
Last change: ↓0.05% on September 27.

Customer Reviews for First Interstate Bank

kmills

November 15, 2019

If you have a choice don't use these people for an auto loan. I called and got the loan pay off which I submitted electronically. I hadn't gotten any lean clearance info so I called. They said they held it for 10 business days to make sure the money cleared. This was an electronic transfer so they had the money immediately and they said as much. Either they are lazy or they have some stupid rule.

Is this review helpful? Yes:0 / No: 0
Francis Bennett

June 10, 2019

CDs 11 Month Rates

WE would like to know what your cds rates are on $ 40,000 for 1 year

Is this review helpful? Yes:0 / No: 0

Add Your Review

or use your BestCashCow account

Compound Interest Calculator CD 3-year Account from First Interstate Bank with 0.25% APY and $10,000 minimum deposit