Compound Interest Calculator
CD Account from 1st Bank of Sea Isle City with 0.42% APY

Small differences in savings or CD rates may seem trivial. But, earning more in your savings and CD accounts can lead to much larger account balances over time when you examine the difference in compound interest over time. Use our calculator on the right below to see how much larger your accounts can be by moving to higher earning savings and CD rates.

Use or Change These Amounts and Rates

The Results for 1st Bank of Sea Isle City

Savings Boost of
$-730 over 10 years
Cash Savings $20,000
Average Interest Earned $1,329

 
1st Bank of Sea Isle City Interest Earned $599

 

 

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:
0.91%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 182 128
2 20,182 184 129
3 20,366 186 130
4 20,552 187 131
5 20,739 189 132
6 20,928 191 133
7 21,118 192 135
8 21,311 194 136
9 21,505 196 137
10 21,701 198 138
TOTAL: $1,899 $1,329

1st Bank of Sea Isle City Scenario

Rate:
0.42%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 84 59
2 20,084 84 59
3 20,168 85 59
4 20,253 85 60
5 20,338 85 60
6 20,424 86 60
7 20,509 86 60
8 20,595 87 61
9 20,682 87 61
10 20,769 87 61
TOTAL: $856 $599

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.

 

Featured CD Rates

ONLINE BANKS APY? MIN?

Must be linked to a standard consumer or business checking account in which 12.6% of the total combined balance is maintained. Otherwise APY is 5.25%.

Last change: ↑0.46% on December 15, 2023.

Last change: ↑0.20% on September 8, 2023.

Last change: ↓0.05% on March 15.

Last change: ↑0.09% on March 12.