The product CD 18-month Account from Vio Bank, A Division of MidFirst Bank with 3.70% APY and $500 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 $28,762. The interest earned would be $8,762 and the tax amount on the interest earned would be approximately $2,629.
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 | 20,090 | 45 | 32 |
| 4 | 20,135 | 45 | 32 |
| 5 | 20,181 | 45 | 32 |
| 6 | 20,226 | 46 | 32 |
| 7 | 20,272 | 46 | 32 |
| 8 | 20,317 | 46 | 32 |
| 9 | 20,363 | 46 | 32 |
| 10 | 20,409 | 46 | 32 |
| TOTAL: | $455 | $318 |
| Rate: 3.70% |
Annual Interest |
Annual Interest (After Tax) |
|
|---|---|---|---|
| 1 | 20,000 | 740 | 518 |
| 2 | 20,740 | 767 | 537 |
| 3 | 21,507 | 796 | 557 |
| 4 | 22,303 | 825 | 578 |
| 5 | 23,128 | 856 | 599 |
| 6 | 23,984 | 887 | 621 |
| 7 | 24,872 | 920 | 644 |
| 8 | 25,792 | 954 | 668 |
| 9 | 26,746 | 990 | 693 |
| 10 | 27,736 | 1,026 | 718 |
| TOTAL: | $8,762 | $6,133 |
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 |
|---|---|
| November 10, 2025 | 3.70% |
| April 27, 2025 | 3.80% |
| March 11, 2025 | 3.95% |
| March 11, 2025 | 4.00% |
| October 16, 2024 | 3.95% |
| August 7, 2024 | 4.00% |
| December 22, 2023 | 4.25% |
| August 30, 2023 | 4.75% |
| August 20, 2023 | 4.75% |
| ONLINE BANKS | APY? | MIN? | ||
|---|---|---|---|---|
|
|
4.20% |
$50,000 |
Learn More | |
|
Last change: ↑0.20% on December 7. |
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|
|
4.15% |
$500 |
Learn More | |
|
Last change: ↑0.15% on December 22. |
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|
|
4.10% |
$1,000 |
Learn More | |
|
|
4.10% |
$2,500 |
Learn More | |
|
Last change: ↑0.20% on December 7. |
||||
|
|
4.10% |
$0 |
Learn More | |
|
Last change: ↑0.10% on November 3. |
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Customer Reviews for Vio Bank, A Division of MidFirst Bank
2 Months with Vio Bank
September 4, 2025 |
And I discovered that they play bait and switch and have no problems lying. This system won't let me give it zero or negative stars so I have given it one, but that is at least one too many.
Is this review helpful? Yes:1 / No: 0
Jim S
December 21, 2023 |
Very easy to setup 6 month 5.35% CD from cornerstone account
Is this review helpful? Yes:0 / No: 0
Kinglh
August 8, 2023 |
I applied for an savings account online with this particular financial institution and was, ultimately, denied without a reason or explanation of why. It refused to release the reason(s) for denying the account application. I would NOT recommend this particular financial institution for any type of financial products or services.S
Is this review helpful? Yes:1 / No: 0
tweenie22
June 10, 2023 |
helpful folks but not a frictionless process like Marcus or Ally.
Is this review helpful? Yes:1 / No: 1
Jim S
May 22, 2023 |
Transfers and external accounts all set up in three days.
Is this review helpful? Yes:3 / No: 0
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