Compound Interest Calculator
CD 30-month Account from St. Clair County State Bank with 1.00% APY and $10,000 minimum deposit



Use or Change These Amounts and Rates

The product CD 30-month Account from St. Clair County State Bank with 1.00% 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 $22,092. The interest earned would be $2,092 and the tax amount on the interest earned would be approximately $628.

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 St. Clair County State Bank

Savings Boost of
$1,145 over 10 years
Cash Savings $20,000
Average Interest Earned $320

 
St. Clair County State Bank Interest Earned $1,465

 

 

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

St. Clair County State Bank Scenario

Rate:
1.00%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 200 140
2 20,200 202 141
3 20,402 204 143
4 20,606 206 144
5 20,812 208 146
6 21,020 210 147
7 21,230 212 149
8 21,443 214 150
9 21,657 217 152
10 21,874 219 153
TOTAL: $2,092 $1,465

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: ↓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.