Certificates of Deposit & IRAs

Certificates of Deposit (CDs) and IRAs are a great way to plan ahead. Find the right terms and rates to help you meet your goals for the future!

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Which of our offerings can we help you with today?

Current Promotions

bnp23505-cd-ira-18m-2y-lp-promo-jan2023

The Annual Percentage Yield (APY) is accurate as of: February 5, 2023

Disclosures +

**Minimum to open CD/IRA Specials is $1,000; all funds deposited must be New Money. “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 Specials. For IRA accounts, additional IRS penalties may apply. Consult your tax advisor. A BankNewport personal checking account is required for the CD/IRA Specials. The CD/IRA Specials will not be offered via online account opening. Offer may be withdrawn at any time. Other rates are available.

bnp23505-cd-ira-10month-lp-promo-banner-jan2023

The Annual Percentage Yield (APY) is accurate as of: February 5, 2023

Disclosures +

**Minimum to open CD/IRA Specials is $1,000; all funds deposited must be New Money. “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 Specials. For IRA accounts, additional IRS penalties may apply. Consult your tax advisor. A BankNewport personal checking account is required for the CD/IRA Specials. The CD/IRA Specials will not be offered via online account opening. Offer may be withdrawn at any time. Other rates are available.


Certificates of Deposit

You can earn a higher interest rate when you lock into a specific term for a period of 90 days to 5 years. Not all Certificates of Deposit are available online.

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Current CD Account Rates

Current Promotional Rates

Term APY
10 Month Special** 4.00%
18 Month Special** 4.50%
24 Month Special** 4.50%

The Annual Percentage Yield (APY) is accurate as of: February 5, 2023

 

Disclosures +

**Minimum to open CD/IRA Specials is $1,000; all funds deposited must be New Money. “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 Specials. For IRA accounts, additional IRS penalties may apply. Consult your tax advisor. A BankNewport personal checking account is required for the CD/IRA Specials. The CD/IRA Specials will not be offered via online account opening. Offer may be withdrawn at any time. Other rates are available.

Certificates of Deposit*

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: February 5, 2023


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: February 5, 2023

Disclosures +

*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.

Current Promotions

bnp23505-cd-ira-10month-lp-promo-banner-jan2023

The Annual Percentage Yield (APY) is accurate as of: February 5, 2023

Disclosures +

**Minimum to open CD/IRA Specials is $1,000; all funds deposited must be New Money. “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 Specials. For IRA accounts, additional IRS penalties may apply. Consult your tax advisor. A BankNewport personal checking account is required for the CD/IRA Specials. The CD/IRA Specials will not be offered via online account opening. Offer may be withdrawn at any time. Other rates are available.

bnp23505-cd-ira-18m-2y-lp-promo-jan2023

The Annual Percentage Yield (APY) is accurate as of: February 5, 2023

Disclosures +

**Minimum to open CD/IRA Specials is $1,000; all funds deposited must be New Money. “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 Specials. For IRA accounts, additional IRS penalties may apply. Consult your tax advisor. A BankNewport personal checking account is required for the CD/IRA Specials. The CD/IRA Specials will not be offered via online account opening. Offer may be withdrawn at any time. Other rates are available.

IRAs

Traditional, Roth and Education IRA (Individual Retirement Account) certificates are available for periods of 6 months or more.

Current IRA Rates

Current Promotional Rates

Term APY
10 Month Special** 4.00%
18 Month Special** 4.50%
24 Month Special** 4.50%

The Annual Percentage Yield (APY) is accurate as of: February 5, 2023

 

Disclosures +

**Minimum to open CD/IRA Specials is $1,000; all funds deposited must be New Money. “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 Specials. For IRA accounts, additional IRS penalties may apply. Consult your tax advisor. A BankNewport personal checking account is required for the CD/IRA Specials. The CD/IRA Specials will not be offered via online account opening. Offer may be withdrawn at any time. Other rates are available.

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: February 5, 2023


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: February 5, 2023

 

Disclosure +

*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.


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 5, 2023

Disclosure +

† The rate may change after the account is opened. Fees could reduce the earnings on the account.