Compound Interest Calculator
CD Account from Crossroads Bank with 1.25% 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 Crossroads Bank

Savings Boost of
$523 over 10 years
Cash Savings $20,000
Average Interest Earned $1,329

 
Crossroads Bank Interest Earned $1,852

 

 

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

Crossroads Bank Scenario

Rate:
1.25%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 250 175
2 20,250 253 177
3 20,503 256 179
4 20,759 259 182
5 21,019 263 184
6 21,282 266 186
7 21,548 269 189
8 21,817 273 191
9 22,090 276 193
10 22,366 280 196
TOTAL: $2,645 $1,852

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.