The Annual Percentage Yield (APY) is accurate as of: May 17, 2021
*Minimum to open a CD/IRA Special New Money is $10,000. “New Money” is defined as funds not on deposit with BankNewport for the past 90 days. A penalty will be imposed for early withdrawal during the term of the CD/IRA. For IRA accounts, additional IRS penalties may apply. Consult your tax advisor. A BankNewport personal checking account is required for this product. CD/IRA Special will not be offered via online account opening. Offer may be withdrawn at any time.
Current CD Account Rates
Certificates of Deposit*
| Term | APY |
| 3 months | 0.15% |
| 6 months | 0.20% |
| 12 months | 0.25% |
| 18 months | 0.30% |
| 24 months | 0.35% |
| 36 months | 0.50% |
| 48 months | 0.60% |
| 60 months | 0.75% |
The Annual Percentage Yield (APY) is accurate as of: May 17, 2021
Premium Gold Certificates of Deposit*^
| Term | APY |
| 3 months | 0.20% |
| 6 months | 0.25% |
| 12 months | 0.35% |
| 18 months | 0.40% |
| 24 months | 0.45% |
| 36 months | 0.60% |
| 48 months | 0.75% |
| 60 months | 1.00% |
The Annual Percentage Yield (APY) is accurate as of: May 17, 2021
*Minimum to open a Certificate of Deposit is $1,000. A penalty will be imposed for early withdrawal during the term of the CD.
^To be eligible for a Premium Gold CD, you must have at the time of account opening a BN Premium Checking Account.
The Annual Percentage Yield (APY) is accurate as of: May 17, 2021
*Minimum to open a CD/IRA Special New Money is $10,000. “New Money” is defined as funds not on deposit with BankNewport for the past 90 days. A penalty will be imposed for early withdrawal during the term of the CD/IRA. For IRA accounts, additional IRS penalties may apply. Consult your tax advisor. A BankNewport personal checking account is required for this product. CD/IRA Special will not be offered via online account opening. Offer may be withdrawn at any time.
IRAs
Traditional, Roth and Education IRA (Individual Retirement Account) certificates are available for periods of 6 months or more.
Current IRA Rates
IRAs*
| Term | APY |
| 6 months | 0.20% |
| 12 months | 0.25% |
| 18 months | 0.30% |
| 24 months | 0.35% |
| 36 months | 0.50% |
| 48 months | 0.60% |
| 60 months | 0.75% |
The Annual Percentage Yield (APY) is accurate as of: May 17, 2021
Premium Gold IRAs*^
| Term | APY |
| 6 months | 0.25% |
| 12 months | 0.35% |
| 18 months | 0.40% |
| 24 months | 0.45% |
| 36 months | 0.60% |
| 48 months | 0.75% |
| 60 months | 1.00% |
The Annual Percentage Yield (APY) is accurate as of: May 17, 2021
* The minimum deposit to open an IRA certificate is $500 and a penalty will be imposed for early withdrawal. For IRA accounts, additional IRS penalties may apply. Consult your tax advisor.
^To be eligible for a Premium Gold IRA, you must have at the time of account opening, a BN Premium Checking Account. Please see a Customer Service Representative to determine eligibility.
IRA Statement Savings
IRA Statement Savings offers a great way to save money so you can start building your retirement savings when ready.
| Minimum Deposit to Open | Minimum Daily Balance to Earn APY | APY † |
| $100.00 | $100.00 | 0.05% |
The Annual Percentage Yield (APY) is accurate as of: May 17, 2021
† The rate may change after the account is opened. Fees could reduce the earnings on the account.
More of BankNewport's Offerings
OceanPoint Marine Lending
EXPERIENCED MARINE FINANCING
Present or future boaters can find personalized marine financing programs for new and used boats and refinancing existing boat loans. Competitive rates, dedicated buyer support, quick access to funds, and more.
BNWise
FINANCIAL EDUCATION PROGRAM
BNWise offers the knowledge and skills you need to make the best financial decision for you, your family, or your business.
OceanPoint Insurance
INSURING YOUR MOST VALUABLE ASSETS
Insurance programs to cover any number of personal and business assets with a dedicated staff providing excellent custom service to give you peace of mind. Protect your home, your business, your vehicles, and more.