Current CD Account Rates
Certificates of Deposit*
| Term | APY |
| 3 months | 0.20% |
| 6 months | 0.25% |
| 12 months | 0.75% |
| 18 months | 1.25% |
| 24 months | 1.00% |
| 30 months | 1.10% |
| 36 months | 1.25% |
| 48 months | 1.40% |
| 60 months | 1.60% |
The Annual Percentage Yield (APY) is accurate as of: February 26, 2020
Premium Gold Certificates of Deposit*^
| Term | APY |
| 3 months | 0.25% |
| 6 months | 0.35% |
| 12 months | 1.00% |
| 18 months | 1.50% |
| 24 months | 1.25% |
| 30 months | 1.35% |
| 36 months | 1.50% |
| 48 months | 1.65% |
| 60 months | 1.85% |
The Annual Percentage Yield (APY) is accurate as of: February 26, 2020
*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: February 26, 2020
*You must deposit $10,000 new money to open this account. New money is defined as funds not on deposit with BankNewport for the past 90 days. A BankNewport personal checking account is required to be eligible for this product. CD/IRA Special will not be offered via online account opening. Minimum to open a Certificate of Deposit is $1,000. Minimum to open an IRA is $500. 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.
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 | 0.25% |
| 12 months | 0.75% |
| 18 months | 1.25% |
| 24 months | 1.00% |
| 30 months | 1.10% |
| 36 months | 1.25% |
| 48 months | 1.40% |
| 60 months | 1.60% |
The Annual Percentage Yield (APY) is accurate as of: February 26, 2020
Premium Gold IRAs*^
| Term | APY |
| 6 months | 0.35% |
| 12 months | 1.00% |
| 18 months | 1.50% |
| 24 months | 1.25% |
| 30 months | 1.35% |
| 36 months | 1.50% |
| 48 months | 1.65% |
| 60 months | 1.85% |
The Annual Percentage Yield (APY) is accurate as of: February 26, 2020
* 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: February 26, 2020
† The rate may change after the account is opened. Fees could reduce the earnings on the account.
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