Compound Interest Calculator
CD 5-year Account from Texana Bank, National Association with 1.45% APY and $10,000 minimum deposit



Use or Change These Amounts and Rates

The product CD 5-year Account from Texana Bank, National Association with 1.45% 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 $23,097. The interest earned would be $3,097 and the tax amount on the interest earned would be approximately $929.

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
$833 over 10 years
Cash Savings $20,000
Average Interest Earned $1,335

 
Texana Bank, National Association Interest Earned $2,168

 

 

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:
0.92%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 183 128
2 20,183 185 129
3 20,368 186 130
4 20,554 188 132
5 20,742 190 133
6 20,932 192 134
7 21,123 193 135
8 21,317 195 137
9 21,512 197 138
10 21,709 199 139
TOTAL: $1,907 $1,335

Texana Bank, National Association Scenario

Rate:
1.45%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 290 203
2 20,290 294 206
3 20,584 298 209
4 20,883 303 212
5 21,185 307 215
6 21,493 312 218
7 21,804 316 221
8 22,120 321 225
9 22,441 325 228
10 22,767 330 231
TOTAL: $3,097 $2,168

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 In early March, my application was “withdrawn” by the bank.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