Compound Interest Calculator
CD 18-month Account from The First National Bank of Livingston with 0.55% APY and $100,000 minimum deposit



Use or Change These Amounts and Rates

The product CD 18-month Account from The First National Bank of Livingston with 0.55% 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 $21,128. The interest earned would be $1,128 and the tax amount on the interest earned would be approximately $338.

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 The First National Bank of Livingston

Savings Boost of
$471 over 10 years
Cash Savings $20,000
Average Interest Earned $318

 
The First National Bank of Livingston Interest Earned $789

 

 

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 20,090 45 32
4 20,135 45 32
5 20,181 45 32
6 20,226 46 32
7 20,272 46 32
8 20,317 46 32
9 20,363 46 32
10 20,409 46 32
TOTAL: $455 $318

The First National Bank of Livingston Scenario

Rate:
0.55%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 110 77
2 20,110 111 77
3 20,221 111 78
4 20,332 112 78
5 20,444 112 79
6 20,556 113 79
7 20,669 114 80
8 20,783 114 80
9 20,897 115 80
10 21,012 116 81
TOTAL: $1,128 $789

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 The First National Bank of Livingston


  • March 6, 2021 |

    You guys have four “ Lobby Open “ signs outside on each corner of the bank .I’m new and do not know your lobby hours yet so I depended on the four “ Lobby Open “signs . I was dropped off there in front by a friend thinking the Lobby “was openafter seeing four signs posted outside . I need a new card and all of my money is direct dep however contrary to your signs the lobby was not open and you guys closed drive thru before I could get there but someone very rudely came over your drive thru speaker and basically told me too bad we are closed so now all of my money is in your bank and I have no access to it for the weekend . I work and do not get off during the week or weekend before you guys close . Just a friendlier rep would have been appreciated . Your staff is very rude . I’m a new customer and I’m considering a new bank I do not like my money being controlled by a bank that has bad customer service .


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