Compound Interest Calculator
CD 4-year Account from Citizens State Bank Norwood Young America with 1.96% APY and $500 minimum deposit

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The product CD 4-year Account from Citizens State Bank Norwood Young America with 1.96% APY and $500 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 $24,284. The interest earned would be $4,284 and the tax amount on the interest earned would be approximately $1,285.

Please note that this analysis assumes a constant interest rate and doesn't take into account any fees associated with the savings account.

The Results for Citizens State Bank Norwood Young America

Savings Boost of
$1,809 over 10 years

Cash Savings $20,000

Average Interest Earned $1,190

Citizens State Bank Norwood Young America Interest Earned $2,999

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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: 0.82%	Annual Interest	Annual Interest (After Tax)
1	20,000	164	115
2	20,164	165	116
3	20,329	166	117
4	20,495	168	118
5	20,663	169	118
6	20,833	171	119
7	21,003	172	120
8	21,175	173	121
9	21,349	175	122
10	21,523	176	123
	TOTAL:	$1,700	$1,190

Citizens State Bank Norwood Young America Scenario

	Rate: 1.96%	Annual Interest	Annual Interest (After Tax)
1	20,000	392	274
2	20,392	400	280
3	20,792	408	285
4	21,199	416	291
5	21,615	424	297
6	22,038	432	302
7	22,470	440	308
8	22,911	449	314
9	23,360	458	320
10	23,818	467	327
	TOTAL:	$4,284	$2,999

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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.

Recent Rate Changes

Date	APY
December 12, 2025	1.96%
November 3, 2025	2.07%
September 25, 2025	2.27%
September 9, 2025	2.37%

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Compound Interest Calculator CD 4-year Account from Citizens State Bank Norwood Young America with 1.96% APY and $500 minimum deposit