December 21st, 2007
Updated: 2/12/2008. NewBank, a division of PremierWest Bank (FDIC# 32975) has on-line specials for CDs, Savings Accounts?and Checking Accounts.
NewBank was formerly part of Stockmans Bank based in Elk Grove, CA. Stockmans merged into PremierWest which is based in Medford, OR.
The CD Rates are competitive if you are comparing banks.? 1-Year at 3.65% APY and 2-year at 3.50% APY.
The Savings Rate isn’t bad either for our current environment. It stands at 3.50% APY. There are some higher ones out there though.
The checking account has a bonus feature of $50 if you maintain a $2,500 balance for 90-Days.
Click here for all of the details.
-- By +Chris Duncan