Our experts answer readers' banking questions and write unbiased product reviews (here's how we assess banking products). In some cases, we receive a commission from our partners; however, our opinions are our own. Terms apply to offers listed on this page.

Newtek Bank is an online bank owned by NewtekOne, a small business lender. The bank offers business checking, business savings, personal savings, and personal certificate of deposit (CD) accounts.

If you're shopping around for a savings account or CD, Newtek Bank could be a smart choice. Here's what you need to know about Newtek Bank's savings rates before making your decision.