Compound Interest Calculator
CD 1-year Account from Systematic Savings Bank with 0.92% APY and $10,000 minimum deposit

Use or Change These Amounts and Rates

Cash Savings

Product:

Average Rate (%):

Systematic Savings Bank Rate (%):

Compound Interest Period:

Tax Rate:

Email (optional for newsletter registration)

Please leave this field blank

The product CD 1-year Account from Systematic Savings Bank with 0.92% APY and $10,000 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 $21,918. The interest earned would be $1,918 and the tax amount on the interest earned would be approximately $575.

Please note that this product is available in Missouri and this analysis assumes a constant interest rate and doesn't take into account any fees associated with the savings account.

The Results for Systematic Savings Bank

Savings Boost of
$124 over 10 years

Cash Savings $20,000

Average Interest Earned $1,218

Systematic Savings Bank Interest Earned $1,343

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: 0.84%	Annual Interest	Annual Interest (After Tax)
1	20,000	168	117
2	20,168	169	118
3	20,337	170	119
4	20,507	172	120
5	20,679	173	121
6	20,852	175	122
7	21,027	176	123
8	21,203	178	124
9	21,381	179	125
10	21,560	181	126
	TOTAL:	$1,741	$1,218

Systematic Savings Bank Scenario

	Rate: 0.92%	Annual Interest	Annual Interest (After Tax)
1	20,000	184	129
2	20,184	186	130
3	20,370	187	131
4	20,557	189	132
5	20,746	191	134
6	20,937	193	135
7	21,130	194	136
8	21,324	196	137
9	21,520	198	139
10	21,718	200	140
	TOTAL:	$1,918	$1,343

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^?
Blue Foundry Bank	6.00%	$5,000	Learn More
6 Month CD Special. 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%.
TotalDirect, a division of City National Bank of Florida	5.51%	$25,000	Learn More
Last change: ↓0.15% on May 13. 3 Month CD.
My e-Banc, a division of Bradesco BAC Florida Bank	5.49%	$50,000	Learn More
Last change: ↑0.09% on March 12. 6 Month Jumbo CD.
Charles Schwab Bank, SSB	5.46%	$1,000	Learn More
Last change: ↓0.05% on May 9.
My e-Banc, a division of Bradesco BAC Florida Bank	5.41%	$50,000	Learn More
Last change: ↓0.36% on March 12. Early Withdrawal Penalty is 3 months interest.

Compound Interest Calculator CD 1-year Account from Systematic Savings Bank with 0.92% APY and $10,000 minimum deposit