The product CD 6-month Account from Frontier State Bank with 3.78% APY and $1,000 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 $28,985. The interest earned would be $8,985 and the tax amount on the interest earned would be approximately $2,695.
Please note that this analysis assumes a constant interest rate and doesn't take into account any fees associated with the savings account.
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.
| Rate: 0.23% |
Annual Interest |
Annual Interest (After Tax) |
|
|---|---|---|---|
| 1 | 20,000 | 45 | 32 |
| 2 | 20,045 | 45 | 32 |
| 3 | 20,091 | 45 | 32 |
| 4 | 20,136 | 46 | 32 |
| 5 | 20,181 | 46 | 32 |
| 6 | 20,227 | 46 | 32 |
| 7 | 20,273 | 46 | 32 |
| 8 | 20,319 | 46 | 32 |
| 9 | 20,364 | 46 | 32 |
| 10 | 20,410 | 46 | 32 |
| TOTAL: | $457 | $320 |
| Rate: 3.78% |
Annual Interest |
Annual Interest (After Tax) |
|
|---|---|---|---|
| 1 | 20,000 | 756 | 529 |
| 2 | 20,756 | 785 | 549 |
| 3 | 21,541 | 814 | 570 |
| 4 | 22,355 | 845 | 592 |
| 5 | 23,200 | 877 | 614 |
| 6 | 24,077 | 910 | 637 |
| 7 | 24,987 | 945 | 661 |
| 8 | 25,931 | 980 | 686 |
| 9 | 26,912 | 1,017 | 712 |
| 10 | 27,929 | 1,056 | 739 |
| TOTAL: | $8,985 | $6,289 |
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.
| Date | APY |
|---|---|
| December 12, 2025 | 3.78% |
| September 18, 2025 | 4.17% |
| April 4, 2025 | 4.36% |
| February 17, 2025 | 4.26% |
| October 17, 2024 | 4.52% |
| April 19, 2024 | 4.95% |
| March 7, 2024 | 5.05% |
| February 2, 2024 | 5.20% |
| January 2, 2024 | 5.30% |
| November 3, 2023 | 5.41% |
| August 20, 2023 | 5.60% |
| ONLINE BANKS | APY? | MIN? | ||
|---|---|---|---|---|
|
|
4.25% |
$25,000 |
Learn More | |
|
Last change: ↓0.16% on September 18. |
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|
|
4.20% |
$50,000 |
Learn More | |
|
Last change: ↑0.20% on December 7. |
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|
|
4.20% |
$1,000 |
Learn More | |
|
Last change: ↑0.05% on December 1. |
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|
|
4.15% |
$1,000 |
Learn More | |
|
Last change: ↑0.10% on December 1. |
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|
|
4.10% |
$25,000 |
Learn More | |
|
Last change: ↓0.15% on November 26. |
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Customer Reviews for Frontier State Bank
JR
January 16, 2019
12 mo now pays 2.80% apr
Is this review helpful? Yes:0 / No: 0
gsander
November 7, 2018 |
now pays 1.98%, 2.00% apr
Is this review helpful? Yes:0 / No: 0
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