Compound Interest Calculator
CD 4-year Account from First Interstate Bank with 0.30% APY and $10,000 minimum deposit

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The product CD 4-year Account from First Interstate Bank with 0.30% 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 $20,608. The interest earned would be $608 and the tax amount on the interest earned would be approximately $182.

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
$-755 over 10 years

Cash Savings $20,000

Average Interest Earned $1,181

First Interstate Bank Interest Earned $426

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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: 0.81%	Annual Interest	Annual Interest (After Tax)
1	20,000	163	114
2	20,163	164	115
3	20,327	165	116
4	20,492	167	117
5	20,658	168	118
6	20,826	169	119
7	20,996	171	119
8	21,166	172	120
9	21,338	173	121
10	21,512	175	122
	TOTAL:	$1,687	$1,181

First Interstate Bank Scenario

	Rate: 0.30%	Annual Interest	Annual Interest (After Tax)
1	20,000	60	42
2	20,060	60	42
3	20,120	60	42
4	20,181	61	42
5	20,241	61	43
6	20,302	61	43
7	20,363	61	43
8	20,424	61	43
9	20,485	61	43
10	20,547	62	43
	TOTAL:	$608	$426

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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 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

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Compound Interest Calculator CD 4-year Account from First Interstate Bank with 0.30% APY and $10,000 minimum deposit