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NewtekBank NewtekBank NewtekBank NASDAQ:NEWT
888-681-7238
  • Personal
    • Personal High Yield Savings
    • Certificate of Deposit
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    • Business Lending
    • Business Checking
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    • Business CDs
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Don’t Just Save Your Money. Grow It.

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.

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Personal High Yield Savings

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    4.35% APY2

    Give your savings a boost with a rate that is over 10x the National Average3.

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    No Minimum Balance

    Open an account in as little as 2 minutes with no minimum deposit required.

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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.

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Personal High Yield Fixed Rate CDs4

  • 6 MONTH CD 4.40% APY
    Open Now
  • 9 MONTH CD 4.40% APY
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  • 12 MONTH CD 4.25% APY
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  • 18 MONTH CD 4.20% APY
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  • 24 MONTH CD 4.20% APY
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  • 36 MONTH CD 3.90% APY
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  • 48 MONTH CD 2.00% APY
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  • 60 MONTH CD 2.00% APY
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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.

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NewtekBank
NASDAQ:NEWT

Personal

  • High Yield Savings
  • Certificate of Deposit

Business

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© 2025 Newtek Bank, N. A. All Rights Reserved. Member FDIC.   Privacy Policy   |   Do Not Sell or Share My Personal Information   |   Deposit Agreement

FDIC

1. Newtek Bank, National Association (“Newtek Bank, N.A.”), is the banking subsidiary of NewtekOne, Inc. Newtek Bank, N.A. is a member of the Federal Deposit Insurance Corporation (FDIC). As a Newtek Bank, N.A. customer, your Newtek Bank, N.A. deposits are insured by the FDIC up to $250,000 per depositor, for each account ownership category.

2. Newtek Bank, N.A. Savings and Money Market Annual Percentage Yield (APY) is valid as of today. No minimum opening balance or deposit required to open. Rates may change at any time without prior notice, before or after the account is opened. No minimum balance to open, but customers must have a balance of $0.01 to earn interest. You may make up to 6 withdrawals from your Newtek Bank, N.A. Savings and Money Market account per statement cycle, including preauthorized, automatic and telephone transfers.

3. National savings average rate courtesy of the FDIC’s Weekly National Rates and Rate Caps, as of 04/21/2025; average rate used is for deposits under $100,000.

4. Newtek Bank, N.A. Certificate of Deposit Annual Percentage Yield (APY) is valid as of today and subject to change at any time without prior notice. The minimum deposit required to open an account is $2,500 and the maximum amount is $250,000 per account. Penalties may apply to early withdrawals. Fees may reduce earnings.

5. Mobile deposits on the Newtek Bank Mobile App are only available for business accounts.

6. Provided by Newtek Merchant Solutions, LLC, an affiliate of Newtek Bank, N.A.

7. Newtek Bank, N.A. Annual Percentage Yield (APY) is valid as of today. No minimum opening balance or deposit required to open. Rates may change at any time without prior notice, before or after the account is opened. No minimum balance to open, but customers must have a balance of $0.01 to earn interest.

8. NewtekOne, Inc., is a financial holding company, which along with its bank and non-bank subsidiaries provides a wide range of business and financial solutions under the Newtek® brand to business owners. Loans are issued by Newtek Bank, N.A., Member FDIC, and a NewtekOne, Inc. non-bank subsidiary.

Save Your Spot

Due to exceptional demand, we have created a waiting list for our Personal High Yield Savings accounts while maintaining the rate structure and service to our thousands of existing, satisfied savings clients.

We look forward to servicing your needs. We would welcome and appreciate the opportunity to call you in the future, show you the Newtek Advantage, and service all your savings and depository needs.

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You’re on your way to better business banking

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You’re on your way to better business banking

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You’re on your way to better business banking

Simply fill out the form below, and one of our banking specialists will be in touch shortly to walk you through your application.

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Join Our Waitlist

Due to overwhelming demand, we have paused new applications for our Personal High Yield Savings accounts. Please leave your information below, and we will contact you as soon as this product is available again.

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