Compound Interest Calculator
Money Market Account from Lone Star National Bank with 0.35% APY and $10,000 minimum deposit



Use or Change These Amounts and Rates

The product Money Market Account from Lone Star National Bank with 0.35% 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 $20,711. The interest earned would be $711 and the tax amount on the interest earned would be approximately $213.

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.

The Results for Lone Star National Bank

Savings Boost of
$180 over 10 years
Cash Savings $20,000
Average Interest Earned $318

 
Lone Star National Bank Interest Earned $498

 

 

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

Lone Star National Bank Scenario

Rate:
0.35%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 70 49
2 20,070 70 49
3 20,140 70 49
4 20,211 71 50
5 20,281 71 50
6 20,352 71 50
7 20,424 71 50
8 20,495 72 50
9 20,567 72 50
10 20,639 72 51
TOTAL: $711 $498

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 Lone Star National Bank


  • 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.

  • 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

  • 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.

  • 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

  • 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


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