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Newtek Bank Rates

ByrobQAtest Updated on
Snapshot | Rates | Overview

Established in 1963, Newtek Bank has its main office at 1111 Brickell Ave, Miami, FL 33131. The OCC provides primary supervision over the institution.

Snapshot

Bank Details
Website www.newtekbank.com
Founded 04/01/1963
Branches 2
FDIC Cert # 18734
Total Assets $568.22 million
Total Deposits $447.36 million

Rates

Here are the rates for the accounts we track for Newtek Bank. While we work hard to keep rates and other information current, you should confirm rates and terms with the bank or credit union before opening an account.

Savings Accounts

APY
Min. Dep.
Personal High Yield Savings
5.25%
$0

Certificates of Deposit

APY
Min. Dep.
9-month CD
4.60%
$2,500
60-month CD
2.00%
$2,500
6-month CD
5.50%
$2,500
6-month Business CD
4.60%
$2,500
48-month CD
2.00%
$2,500
36-month CD
2.00%
$2,500
3-month CD
4.60%
$2,500
24-month CD
4.00%
$2,500
18-month CD
4.00%
$2,500
15-month CD
4.60%
$2,500
13-month CD
4.60%
$2,500
13-month Business CD
4.60%
$2,500
12-month CD
4.60%
$2,500
1-month CD
4.60%
$2,500

Newtek Bank Overview

Newtek Bank provides a range of banking services, primarily for small and medium-sized businesses. The bank offers a variety of financial products, including business loans, commercial real estate financing, cash management solutions, and deposit accounts.

Newtek also offers business and personal checking, certificates of deposit, and high-yield savings accounts. They are an internet-only bank and they do not have branch locations.

In addition to its banking services, Newtek Bank offers value-added services for businesses, including payroll processing, human resources solutions, and insurance services.

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