Guaranteed Return (Excluding Variable Rate CD)
Lock in a fixed rate and earn more on your funds.
High
Yield CDs
Don’t just save your money.
Grow it.
Certificate of Deposit4
Limited Time
Variable Rate 24 Month CD8
5.50APY
LIMITED TIME OFFERING
Earn 5.50% Interest with
Open Variable Rate CD Account
Earn 5.50% Interest with
Newtek Bank Variable Rate CDs
This 24 Month Variable Rate CD offers a competitive interest rate that adjusts monthly with the U.S. Treasury Bill rates so you can stay on pace with rate fluctuations automatically.
Our current rate
for the 24-Month
Variable CD is 5.50% APY.
The minimum deposit to open an account is $50,000 and the maximum is $220,000.
Don’t miss out on
potential gains with
market changes.
Newtek Bank
is a member
of the FDIC.
The Annual Percentage Yield (APY) of 5.50% for the Variable Rate 24 Month CD is effective and accurate as of 09/01/24. Rates subject to change. This is a variable rate account and the rate may change once per month at the first of the month. The rate will be ten basis points over the current 1-Month US Treasury Constant Maturity rate. Minimum balance to open the account and obtain the advertised APY is $50,000. Maximum opening deposit is $220,000. Fees may reduce earnings. Early withdrawal penalties may be imposed
Featured Benefits
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Flexible Terms
Choose from a variety of terms to find one that works for your business needs.
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Competitive Rates
Reach your financial goals with rates that ensure you're getting the biggest bang for your buck.
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Easy to Open
Open your CD account online in as little as 5 minutes.
