Compound Interest Calculator
CD 1-year Account from First Robinson Savings Bank, National Association with 2.77% APY and $0 minimum deposit

Use or Change These Amounts and Rates

Cash Savings

Product:

Average Rate (%):

First Robinson Savings Bank, National Association Rate (%):

Compound Interest Period:

Tax Rate:

Please leave this field blank

The product CD 1-year Account from First Robinson Savings Bank, National Association with 2.77% APY and $0 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 $26,284. The interest earned would be $6,284 and the tax amount on the interest earned would be approximately $1,885.

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 First Robinson Savings Bank, National Association

Savings Boost of
$3,614 over 10 years

Cash Savings $20,000

Average Interest Earned $785

First Robinson Savings Bank, National Association Interest Earned $4,399

Compare

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: 0.55%	Annual Interest	Annual Interest (After Tax)
1	20,000	109	77
2	20,109	110	77
3	20,219	111	77
4	20,330	111	78
5	20,441	112	78
6	20,553	112	79
7	20,665	113	79
8	20,778	114	80
9	20,892	114	80
10	21,006	115	80
	TOTAL:	$1,121	$785

First Robinson Savings Bank, National Association Scenario

	Rate: 2.77%	Annual Interest	Annual Interest (After Tax)
1	20,000	554	388
2	20,554	569	399
3	21,123	585	410
4	21,708	601	421
5	22,310	618	433
6	22,928	635	445
7	23,563	653	457
8	24,216	671	470
9	24,886	689	483
10	25,576	708	496
	TOTAL:	$6,284	$4,399

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.

Recent Rate Changes

Date	APY
November 5, 2025	2.77%
September 30, 2024	3.02%
April 29, 2024	2.52%
January 5, 2024	2.02%

Featured CD Rates

ONLINE BANKS	APY^?	MIN^?
Finworth, a division of InsBank	4.20%	$50,000	Learn More
Last change: ↑0.20% on December 7. Early Withdrawal Penalty is 6 months interest.
Northern Bank Direct	4.15%	$500	Learn More
Last change: ↑0.15% on December 22.
Limelight Bank, A division of Capital Community Bank	4.10%	$1,000	Learn More
Sallie Mae Bank	4.10%	$2,500	Learn More
Last change: ↑0.20% on December 7.
Synchrony Bank	4.10%	$0	Learn More
Last change: ↑0.10% on November 3. Early Withdrawal Penalty is 90 days interest.

Compound Interest Calculator CD 1-year Account from First Robinson Savings Bank, National Association with 2.77% APY and $0 minimum deposit