Compound Interest Calculator
CD 3-year Account from The First National Bank of Dryden with 0.65% APY and $100,000 minimum deposit

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The product CD 3-year Account from The First National Bank of Dryden with 0.65% APY and $100,000 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 $21,339. The interest earned would be $1,339 and the tax amount on the interest earned would be approximately $402.

Please note that this product is available in New York 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 First National Bank of Dryden

Savings Boost of
$-334 over 10 years

Cash Savings $20,000

Average Interest Earned $1,271

The First National Bank of Dryden Interest Earned $937

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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: 0.87%	Annual Interest	Annual Interest (After Tax)
1	20,000	175	122
2	20,175	176	123
3	20,351	178	124
4	20,528	179	125
5	20,708	181	127
6	20,888	182	128
7	21,071	184	129
8	21,255	186	130
9	21,440	187	131
10	21,627	189	132
	TOTAL:	$1,816	$1,271

The First National Bank of Dryden Scenario

	Rate: 0.65%	Annual Interest	Annual Interest (After Tax)
1	20,000	130	91
2	20,130	131	92
3	20,261	132	92
4	20,393	133	93
5	20,525	133	93
6	20,659	134	94
7	20,793	135	95
8	20,928	136	95
9	21,064	137	96
10	21,201	138	96
	TOTAL:	$1,339	$937

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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.

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Customer Reviews for The First National Bank of Dryden

Robert Wilson

September 13, 2018

I was going to open an account, but turned around and walked out when they told me it will take 90 Days to get my Debit Card? Really? 90 Days?? NO THANKS. I went to their Competitor!!!

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Compound Interest Calculator CD 3-year Account from The First National Bank of Dryden with 0.65% APY and $100,000 minimum deposit