Compound Interest Calculator
CD 1-year Account from Texana Bank, National Association with 0.85% APY and $10,000 minimum deposit



Use or Change These Amounts and Rates

The product CD 1-year Account from Texana Bank, National Association with 0.85% 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 $21,767. The interest earned would be $1,767 and the tax amount on the interest earned would be approximately $530.

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 Texana Bank, National Association

Savings Boost of
$444 over 10 years
Cash Savings $20,000
Average Interest Earned $792

 
Texana Bank, National Association Interest Earned $1,237

 

 

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:
0.55%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 110 77
2 20,110 111 78
3 20,221 112 78
4 20,333 112 79
5 20,445 113 79
6 20,558 113 79
7 20,672 114 80
8 20,786 115 80
9 20,900 115 81
10 21,016 116 81
TOTAL: $1,132 $792

Texana Bank, National Association Scenario

Rate:
0.85%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 170 119
2 20,170 171 120
3 20,341 173 121
4 20,514 174 122
5 20,689 176 123
6 20,865 177 124
7 21,042 179 125
8 21,221 180 126
9 21,401 182 127
10 21,583 183 128
TOTAL: $1,767 $1,237

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.



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Customer Reviews for Texana Bank, National Association


  • March 19, 2021 |

    I applied foe a refi in mid-January and supplied all requested documentation. In mid-February, I was asked for additional docs which I promptly supplied. In early March, my application was “withdrawn” by the bank. My loan officer (Robin Hill) told me I had “too much information to process”. Nine days ago I called the VP of mortgage lending and after a long conversation was promised some results in 2 days ... and I have not heard from them since. My wife and I have excellent credit and have bought and sold many homes. We have NEVER been treated with such unprofessional disregard. I would never recommend this bank and urge anyone considering home refinancing to look elsewhere for their mortgage needs,

  • November 17, 2020

    Horrible service, 0 communication Email only,extremely high closing cost,3.5 months never closed. Switching lenders I do not recommend


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