Compound Interest Calculator
CD 27-month Account from KS StateBank with 3.90% APY and $1,000 minimum deposit



Use or Change These Amounts and Rates

The product CD 27-month Account from KS StateBank with 3.90% APY and $1,000 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 $29,321. The interest earned would be $9,321 and the tax amount on the interest earned would be approximately $2,796.

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 KS StateBank

Savings Boost of
$6,205 over 10 years
Cash Savings $20,000
Average Interest Earned $320

 
KS StateBank Interest Earned $6,525

 

 

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 20,091 45 32
4 20,136 46 32
5 20,181 46 32
6 20,227 46 32
7 20,273 46 32
8 20,319 46 32
9 20,364 46 32
10 20,410 46 32
TOTAL: $457 $320

KS StateBank Scenario

Rate:
3.90%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 780 546
2 20,780 810 567
3 21,590 842 589
4 22,432 875 612
5 23,307 909 636
6 24,216 944 661
7 25,161 981 687
8 26,142 1,020 714
9 27,162 1,059 742
10 28,221 1,101 770
TOTAL: $9,321 $6,525

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
October 16, 2024 3.90%
September 2, 2024 4.20%
February 13, 2024 4.16%
December 19, 2023 4.47%
December 15, 2023 5.00%
August 20, 2023 4.68%


Featured CD Rates

ONLINE BANKS APY? MIN?

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

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

Last change: ↓0.15% on September 6.

Last change: ↑0.20% on October 28.
Early Withdrawal Penalty is 3 months interest.

Last change: ↓0.50% on October 1.



Customer Reviews for KS StateBank


  • April 19, 2023 |

    CDs 12 Month Rates

    This bank was honest and I had no problems with them in person. Not everyone was equally competent but they got help.

  • March 23, 2023 |

    I hate used car salesman tactics of Bait and Swap!
    Was advertised top interest rate at minimum $100k deposit then after spending an hour to sign-up online, system changed this to $250K - Screw their 1/4 point interest and 6 month penalty for early withdraw!

  • October 19, 2018

    Terrible Bank. Terrible Service. I tried to put a ton of money into a cd there. They rejected my application. Took them 6 days to tell me my money was no good. WTF? WORST Service EVER!


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