Compound Interest Calculator
CD 4-year Account from First State Bank of Campbell Hill with 0.90% APY and $500 minimum deposit



Use or Change These Amounts and Rates

The product CD 4-year Account from First State Bank of Campbell Hill with 0.90% APY and $500 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 $21,875. The interest earned would be $1,875 and the tax amount on the interest earned would be approximately $562.

Please note that this product is available in Illinois 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 State Bank of Campbell Hill

Savings Boost of
$132 over 10 years
Cash Savings $20,000
Average Interest Earned $1,181

 
First State Bank of Campbell Hill Interest Earned $1,312

 

 

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:
0.81%
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 State Bank of Campbell Hill Scenario

Rate:
0.90%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 180 126
2 20,180 182 127
3 20,362 183 128
4 20,545 185 129
5 20,730 187 131
6 20,916 188 132
7 21,105 190 133
8 21,295 192 134
9 21,486 193 135
10 21,680 195 137
TOTAL: $1,875 $1,312

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.



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Customer Reviews for First State Bank of Campbell Hill


  • November 12, 2022 |

    This bank has changed from what it used to be some years ago.
    I used to have an account, got loans through them. Did all my banking through this establishment.
    They were a hometown proud financial institution.
    Now a day, they are mostly reliant on the fat cash of the Amish community that has settled in this rather large area of the south- western Illinois about 30 years or so.
    So my biggest complaint and let down was today. 11/11/2022. When I went to there drive up and asked them to cash a small check($33.86).
    I haven't had an account so refused to cash it. Their reason was that I didn't have an account there anymore and if the check didn't clear. They would be stuck holding the check.
    REALLY? through all the thousands of dollars I've given that place. There is no help for a long time born in the area ,"local?"
    This is just a warning. If you bank with them. Be prepared to be treated as a dollar with not a respectable customer or neighbor


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