Compound Interest Calculator
CD 1-year Account from The Citizens National Bank of Lebanon with 0.08% APY and $10,000 minimum deposit

Use or Change These Amounts and Rates

Cash Savings

Product:

Average Rate (%):

The Citizens National Bank of Lebanon Rate (%):

Compound Interest Period:

Tax Rate:

Email (optional for newsletter registration)

Please leave this field blank

The product CD 1-year Account from The Citizens National Bank of Lebanon with 0.08% 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 $20,151. The interest earned would be $151 and the tax amount on the interest earned would be approximately $45.

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

The Results for The Citizens National Bank of Lebanon

Savings Boost of
$-1,109 over 10 years

Cash Savings $20,000

Average Interest Earned $1,214

The Citizens National Bank of Lebanon Interest Earned $105

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	167	117
2	20,167	168	118
3	20,335	170	119
4	20,505	171	120
5	20,676	173	121
6	20,849	174	122
7	21,023	176	123
8	21,199	177	124
9	21,376	178	125
10	21,554	180	126
	TOTAL:	$1,734	$1,214

The Citizens National Bank of Lebanon Scenario

	Rate: 0.08%	Annual Interest	Annual Interest (After Tax)
1	20,000	15	11
2	20,015	15	11
3	20,030	15	11
4	20,045	15	11
5	20,060	15	11
6	20,075	15	11
7	20,090	15	11
8	20,105	15	11
9	20,120	15	11
10	20,135	15	11
	TOTAL:	$151	$105

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	5.66%	$25,000	Learn More
Last change: ↑0.46% on December 15, 2023. 3 Month CD.
Bank5 Connect	5.50%	$500	Learn More
Last change: ↑0.20% on September 8, 2023. 6 Month CD.
Modern Bank, National Association	5.50%	$10,000	Learn More
Last change: ↓0.05% on March 15. 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.

Compound Interest Calculator CD 1-year Account from The Citizens National Bank of Lebanon with 0.08% APY and $10,000 minimum deposit