The product CD 4-year Account from Lone Star National Bank with 0.55% APY and $100,000 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 $21,128. The interest earned would be $1,128 and the tax amount on the interest earned would be approximately $338.
Please note that this product is available in Texas and this analysis assumes a constant interest rate and doesn't take into account any fees associated with the savings account.
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.
| 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 |
| Rate: 0.55% |
Annual Interest |
Annual Interest (After Tax) |
|
|---|---|---|---|
| 1 | 20,000 | 110 | 77 |
| 2 | 20,110 | 111 | 77 |
| 3 | 20,221 | 111 | 78 |
| 4 | 20,332 | 112 | 78 |
| 5 | 20,444 | 112 | 79 |
| 6 | 20,556 | 113 | 79 |
| 7 | 20,669 | 114 | 80 |
| 8 | 20,783 | 114 | 80 |
| 9 | 20,897 | 115 | 80 |
| 10 | 21,012 | 116 | 81 |
| TOTAL: | $1,128 | $789 |
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.
| ONLINE BANKS | APY? | MIN? | ||
|---|---|---|---|---|
|
|
5.00% |
$50,000 |
Learn More | |
|
Last change: ↑0.25% on October 28. |
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|
|
4.91% |
$25,000 |
Learn More | |
|
Last change: ↓0.09% on October 17. |
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|
|
4.90% |
$10,000 |
Learn More | |
|
Last change: ↓0.15% on September 6. |
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|
|
4.80% |
$50,000 |
Learn More | |
|
Last change: ↑0.20% on October 28. |
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|
|
4.75% |
$1,500 |
Learn More | |
|
Last change: ↓0.25% on October 16. |
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Customer Reviews for Lone Star National Bank
RICSHA
September 8, 2021 |
Just moved to south Texas from Oregon, and needed to open a local checking account. I liked the name, Lone Star National Bank so decided to give them a try; and am so glad that I did. Went to the lobby branch on S. Padre Island to get started. Teller greeted us, and referred us to the Manager, who introduced us to Banker Israel Nunez. I wanted a checking account in my name, with my wife on the account; he quickly understood my needs and carefully explained all the options to us. Once we reached agreement on the type of account that best met my needs, he quickly got the paperwork done to set up our new account, got checks ordered, as well as a debit card for me. Finally, after giving us a gift bag of Bank logo goodies, he brought us back to the Manager, Martin Infante, for goodby handshakes, and to be sure all our needs had been met. It was a pleasure to meet, and work with, these two gentlemen. They were perfect examples of "Texas friendly". I highly recommend Lone Star National Bank to anyone considering a new bank.
Is this review helpful? Yes:0 / No: 0
Antonio
May 15, 2021 |
Mortgage department run by amateurs,never had such a bad experience with a bank.Couldnt give me a loan in reasonable time with a credit score over 800,assets to pay the whole loan back in cash and 0 debt with steady income. Rate went up over a point while they dragged their feet and took their time. Don't go here.Just got a refinance from professionals at Broadway national bank in less than 30 days.Lone star took several months.they are the worst
Is this review helpful? Yes:1 / No: 0
Joe
August 20, 2020 |
I called at 9:15 am to talk with someone about a commercial loan and was told someone wold call me back, nobody ever did. I called back at 3:45 pm and was told someone would call me back, I told them they told me that in the morning and I was assured someone would call me. They didn't, fortunately a lot of other banks did call me back.
Is this review helpful? Yes:0 / No: 0
Jose g
March 2, 2019 |
Wish I could give negative 5 stars! That's how bad their mortgage department is.Take their sweet time while your mortgage rate is going up.Make so many mistakes a 3rd grader can do better. You have been warned, don't go here.You will regret it
Is this review helpful? Yes:2 / No: 0
Frank P
March 2, 2019 |
Incompetent and slow,Managers are bad too.Made me lose lots of money waiting forever and losing a good intrest rate when I applied. If you go here you will regret it the rest of your life and it will cost you thousands of dollars for their mistakes and incompetent workers
Is this review helpful? Yes:2 / No: 0
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