Compound Interest Calculator
CD Account from Community National Bank with 0.47% 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 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 Community National Bank

Savings Boost of
$-223 over 10 years
Cash Savings $20,000
Average Interest Earned $896

 
Community National Bank Interest Earned $672

 

 

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:
0.62%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 124 87
2 20,124 125 88
3 20,250 126 88
4 20,376 127 89
5 20,502 128 89
6 20,630 128 90
7 20,758 129 90
8 20,887 130 91
9 21,017 131 92
10 21,148 132 92
TOTAL: $1,279 $896

Community National Bank Scenario

Rate:
0.47%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 94 66
2 20,094 94 66
3 20,188 95 66
4 20,283 95 67
5 20,379 96 67
6 20,474 96 67
7 20,571 97 68
8 20,667 97 68
9 20,764 98 68
10 20,862 98 69
TOTAL: $960 $672

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.