Compound Interest Calculator
CD Account from GNBank, National Association with 0.75% 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 GNBank, National Association

Savings Boost of
$183 over 10 years
Cash Savings $20,000
Average Interest Earned $906

 
GNBank, National Association Interest Earned $1,089

 

 

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:
0.63%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 126 88
2 20,126 127 89
3 20,252 127 89
4 20,380 128 90
5 20,508 129 90
6 20,637 130 91
7 20,767 131 91
8 20,897 131 92
9 21,029 132 93
10 21,161 133 93
TOTAL: $1,294 $906

GNBank, National Association Scenario

Rate:
0.75%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 150 105
2 20,150 152 106
3 20,302 153 107
4 20,455 154 108
5 20,608 155 108
6 20,763 156 109
7 20,920 157 110
8 21,077 158 111
9 21,235 160 112
10 21,395 161 113
TOTAL: $1,556 $1,089

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.