Newtown Savings Bank CD and IRA Rates

Newtown Savings Bank is offering CD and IRA rates some of which are very competitive when compared to some of the nation’s national banks CD and IRA rates.

For example, Newtown Savings Bank’s 3 month CD and IRA rate is currently at 0.85%APY while that of Bank of America’s 3 month CD and IRA CD rate is at 0.75%APY. In other words, Newtown Savings Bank 3 month CD and IRA rate is higher by 0.10%APY.

The bank’s 12 month CD and IRA rate, however, is lower by 0.50%APY to that of Bank of America. Newtown Savings Bank 12 month CD and IRA rate is at 1.50%APY compared to Bank of America’s 2.00%APY.

Other CD and IRA rates offered by Newtown Savings Bank are as follows:

  • 6 month CD & IRA – 1.15%APY
  • 13 month Guaranteed CD – 1.75%APY
  • 18 month CD & IRA – 2.00%APY
  • 2 year CD & IRA – 2.40%APY
  • 3 year CD & IRA – 2.75%APY
  • 4 year CD & IRA – 3.00%APY
  • 5 year CD & IRA – 3.25%APY

The above CD and IRA rates are accurate as of May 8, 2008 but may change.

Update October 2, 2009:

  • 3 month CD & IRA – 0.60%APY
  • 6 month CD & IRA – 0.75%APY
  • 1 year CD & IRA – 1.35%APY
  • 18 month CD & IRA – 1.50%APY
  • 2 year CD & IRA – 1.75%APY
  • 3 year CD & IRA – 2.30%APY
  • 4 year CD & IRA – 2.75%APY
  • 5 year CD & IRA – 3.00%APY

Update January 4, 2010:

  • 3 month CD & IRA – 0.60%APY
  • 6 month CD & IRA – 0.75%APY
  • 1 year CD & IRA – 1.15%APY
  • 18 month CD & IRA – 1.15%APY
  • 2 year CD & IRA – 1.50%APY
  • 3 year CD & IRA – 2.00%APY
  • 4 year CD & IRA – 2.50%APY
  • 5 year CD & IRA – 3.00%APY

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