Compound Interest Calculator
CD Account from Americana Community Bank with 0.61% 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 Americana Community Bank

Savings Boost of
$-62 over 10 years
Cash Savings $20,000
Average Interest Earned $940

 
Americana Community Bank Interest Earned $878

 

 

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:
0.65%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 130 91
2 20,130 131 92
3 20,262 132 92
4 20,394 133 93
5 20,527 134 94
6 20,661 135 94
7 20,795 136 95
8 20,931 136 96
9 21,067 137 96
10 21,205 138 97
TOTAL: $1,343 $940

Americana Community Bank Scenario

Rate:
0.61%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 122 85
2 20,122 123 86
3 20,245 123 86
4 20,368 124 87
5 20,492 125 88
6 20,617 126 88
7 20,743 127 89
8 20,870 127 89
9 20,997 128 90
10 21,125 129 90
TOTAL: $1,254 $878

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.