Compound Interest Calculator
CD Account from First-Citizens Bank & Trust Company with 0.15% 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 First-Citizens Bank & Trust Company

Savings Boost of
$-794 over 10 years
Cash Savings $20,000
Average Interest Earned $1,005

 
First-Citizens Bank & Trust Company Interest Earned $211

 

 

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:
0.70%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 139 97
2 20,139 140 98
3 20,279 141 99
4 20,421 142 99
5 20,563 143 100
6 20,706 144 101
7 20,850 145 102
8 20,995 146 102
9 21,141 147 103
10 21,288 148 104
TOTAL: $1,436 $1,005

First-Citizens Bank & Trust Company Scenario

Rate:
0.15%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 30 21
2 20,030 30 21
3 20,060 30 21
4 20,090 30 21
5 20,120 30 21
6 20,150 30 21
7 20,181 30 21
8 20,211 30 21
9 20,241 30 21
10 20,272 30 21
TOTAL: $302 $211

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.