Compound Interest Calculator
CD 4-year Account from Seacoast National Bank with 0.35% APY and $100,000 minimum deposit



Use or Change These Amounts and Rates

The product CD 4-year Account from Seacoast National Bank with 0.35% 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 $20,713. The interest earned would be $713 and the tax amount on the interest earned would be approximately $214.

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

The Results for Seacoast National Bank

Savings Boost of
$-682 over 10 years
Cash Savings $20,000
Average Interest Earned $1,181

 
Seacoast National Bank Interest Earned $499

 

 

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:
0.81%
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

Seacoast National Bank Scenario

Rate:
0.35%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 70 49
2 20,070 70 49
3 20,141 71 49
4 20,211 71 50
5 20,282 71 50
6 20,353 71 50
7 20,425 72 50
8 20,497 72 50
9 20,569 72 51
10 20,641 72 51
TOTAL: $713 $499

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

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

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Early Withdrawal Penalty is 3 months interest.

Last change: ↓0.25% on October 16.



Customer Reviews for Seacoast National Bank


  • August 22, 2019 |

    Despite a perfect payment record of their Line of Credit during Four Years, Seacoast Bank arbitrarily sent a demand letter threatening legal action if I do not pay $ 39,000 immediately. The only option offered was tripling payments. Trusting a bank to be able to work out problems encountered is more important than any financial rates of return. Seacoast Bank I am sure know that I will never use their services again, and does not care!!! Their behavior changed very suddenly. I suspect that the sudden change in behavior signals deeper problems within Seacoast Bank.


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