Compound Interest Calculator
CD 3-year Account from Five Star Bank with 0.45% APY and $500 minimum deposit



Use or Change These Amounts and Rates

The product CD 3-year Account from Five Star Bank with 0.45% 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 $20,918. The interest earned would be $918 and the tax amount on the interest earned would be approximately $276.

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

The Results for Five Star Bank

Savings Boost of
$-449 over 10 years
Cash Savings $20,000
Average Interest Earned $1,092

 
Five Star Bank Interest Earned $643

 

 

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 20,000 151 106
2 20,151 152 106
3 20,303 153 107
4 20,456 154 108
5 20,610 155 109
6 20,765 157 110
7 20,922 158 110
8 21,080 159 111
9 21,239 160 112
10 21,399 161 113
TOTAL: $1,560 $1,092

Five Star Bank Scenario

Rate:
0.45%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 90 63
2 20,090 90 63
3 20,180 91 64
4 20,271 91 64
5 20,362 92 64
6 20,454 92 64
7 20,546 92 65
8 20,639 93 65
9 20,731 93 65
10 20,825 94 66
TOTAL: $918 $643

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.


Recent Rate Changes



Date APY
December 1, 2023 0.45%


Featured CD Rates

ONLINE BANKS APY? MIN?

Last change: ↑0.15% on March 22.

Last change: ↓0.50% on October 1, 2024.

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Last change: ↓0.15% on January 25.

Last change: ↓0.50% on February 25.



Customer Reviews for Five Star Bank


  • August 1, 2016

    Currently looking for a list of non- performing loans on properties in the Western, New York area. Not sure where to obtain this information from Five Star, but if you would forward this request to the correct area/personnel in your bank that may have access to this information and can send out an list and email. Please, if at all possible email to: dethompson14621@gmail.com. Thank you so much


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