Compound Interest Calculator
CD 3-year Account from Hawthorn Bank with 0.10% APY and $10,000 minimum deposit



Use or Change These Amounts and Rates

The product CD 3-year Account from Hawthorn Bank with 0.10% 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 $20,201. The interest earned would be $201 and the tax amount on the interest earned would be approximately $60.

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

The Results for Hawthorn Bank

Savings Boost of
$-946 over 10 years
Cash Savings $20,000
Average Interest Earned $1,086

 
Hawthorn Bank Interest Earned $141

 

 

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

Hawthorn Bank Scenario

Rate:
0.10%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 20 14
2 20,020 20 14
3 20,040 20 14
4 20,060 20 14
5 20,080 20 14
6 20,100 20 14
7 20,120 20 14
8 20,140 20 14
9 20,161 20 14
10 20,181 20 14
TOTAL: $201 $141

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 Hawthorn Bank (4)


  • April 5, 2023 | | Replies 1

    horrid bank with incompetent and rude staff that treat you like a problem for wanting to do banking business. As if doing there job in a problem you caused instead of a customer to be served. closed my accounts after more that ten years. Do yourself a favor and bank anywhere else.

    mike also | May 31, 2023

    sounds like someone expects the respect that they don't want to give out.

  • November 4, 2020 |

    When you open a loan, they do not put that account with your others. This makes it extremely hard to pay it. This also allows them to rack up extra interest. Our loan officer was sarcastic and rude and unhelpful about the issue. His boss did nothing about the employee's behavior and thwn the boss's boss never returned my phone call. They obviously don't care about customer service or retaining customers. The employees are allowed to say what they want and treat you how they want with no repercussions.

  • September 27, 2020 |

    You guys are thieves stealing from struggling families right now.


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