Compound Interest Calculator
Hawthorn Bank with 0.03% APY and $25,000 minimum deposit



Use or Change These Amounts and Rates

The product Hawthorn Bank with 0.03% APY and $25,000 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 $20,060. The interest earned would be $60 and the tax amount on the interest earned would be approximately $18.

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
$-276 over 10 years
Cash Savings $20,000
Average Interest Earned $318

 
Hawthorn Bank Interest Earned $42

 

 

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:
0.23%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 45 32
2 20,045 45 32
3 20,090 45 32
4 20,135 45 32
5 20,181 45 32
6 20,226 46 32
7 20,272 46 32
8 20,317 46 32
9 20,363 46 32
10 20,409 46 32
TOTAL: $455 $318

Hawthorn Bank Scenario

Rate:
0.03%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 6 4
2 20,006 6 4
3 20,012 6 4
4 20,018 6 4
5 20,024 6 4
6 20,030 6 4
7 20,036 6 4
8 20,042 6 4
9 20,048 6 4
10 20,054 6 4
TOTAL: $60 $42

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?

Last change: ↑0.25% on October 28.
6 Month Jumbo CD.

Last change: ↑3.00% on August 7.

Last change: ↓0.09% on October 17.
3 Month CD.

Last change: ↓0.15% on September 6.

Last change: ↓0.05% on September 27.



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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