Compound Interest Calculator
CD 5-year Account from The First National Bank of Livingston with 0.90% APY and $100,000 minimum deposit



Use or Change These Amounts and Rates

The product CD 5-year Account from The First National Bank of Livingston with 0.90% 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 $21,875. The interest earned would be $1,875 and the tax amount on the interest earned would be approximately $562.

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
$-23 over 10 years
Cash Savings $20,000
Average Interest Earned $1,335

 
The First National Bank of Livingston Interest Earned $1,312

 

 

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

The First National Bank of Livingston Scenario

Rate:
0.90%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 180 126
2 20,180 182 127
3 20,362 183 128
4 20,545 185 129
5 20,730 187 131
6 20,916 188 132
7 21,105 190 133
8 21,295 192 134
9 21,486 193 135
10 21,680 195 137
TOTAL: $1,875 $1,312

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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