Open An Account Today
Don’t Just Save Your Money. Grow It.
Watch your savings flourish. Open a Variable Rate CD8 account with
Newtek Bank today and experience the peace of mind of a CD that
adjusts with market shifts, ensuring competitive returns.
Start earning
5.58% 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.
Deposits are insured
by the FDIC1.
The Annual Percentage Yield (APY) of 5.58% for the Variable Rate 24 Month CD is effective and accurate as of 07/01/24. 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
Business Checking
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1.00% APY
Earn 1.00% APY when you open a NewtekOne Checking account7.
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Unlimited Transactions, No Fees
Keep your business running with unlimited transactions at no additional costs.
Personal High Yield Savings
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5.25% APY2
Give your savings a boost with a rate that is over 11x the National Average3.
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No Minimum Balance
Open an account in as little as 2 minutes with no minimum deposit required.
Business Money Market Account
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3.50% APY
Earn more with a rate of 3.50% APY with a business Money Market Account2.
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No Hidden Fees
No service charges or monthly fees.
Business High Yield CDs4
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Guaranteed Return
Lock in a fixed rate and earn more on your funds.
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Flexible Terms from 3 to 60 Months
Choose from a variety of terms to find one that works for your business needs.