Compound Interest Calculator
CD 3-year Account from Texana Bank, National Association with 1.25% APY and $10,000 minimum deposit



Use or Change These Amounts and Rates

The product CD 3-year Account from Texana Bank, National Association with 1.25% 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 $22,645. The interest earned would be $2,645 and the tax amount on the interest earned would be approximately $794.

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
$766 over 10 years
Cash Savings $20,000
Average Interest Earned $1,086

 
Texana Bank, National Association Interest Earned $1,852

 

 

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:
0.75%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 150 105
2 20,150 151 106
3 20,301 152 107
4 20,453 153 107
5 20,607 155 108
6 20,761 156 109
7 20,917 157 110
8 21,074 158 111
9 21,232 159 111
10 21,391 160 112
TOTAL: $1,552 $1,086

Texana Bank, National Association Scenario

Rate:
1.25%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 250 175
2 20,250 253 177
3 20,503 256 179
4 20,759 259 182
5 21,019 263 184
6 21,282 266 186
7 21,548 269 189
8 21,817 273 191
9 22,090 276 193
10 22,366 280 196
TOTAL: $2,645 $1,852

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 In early March, my application was “withdrawn” by the bank.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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