Newport Federal Bank At Work For You

A hallmark of our service is to take an active interest in your business. We welcome your questions and our pleased to use our years of business experience to provide advice and guidance when you need it. As an independent, locally-owned bank, we are not encumbered by the stringent corporate policies and multiple layers of approval you will find at the big, out-of-state banks. Our bankers have the freedom and flexibilitiy to build solutions to fit your business needs. We truly want to be a partner in your success.

Solutions For Your Business Needs

Newport Federal Bank has the products and expertise to partner with you and help you reach your financial goals. We can help you choose the right business checking account, loans, and lines of credit to help your business dreams become reality.

Business Analysis

This account is typically ideal for medium to larger businesses that make frequent deposits consisting of a large number of items. An earnings credit is calculated and credited to your account. This earnings credit can offset, or completely eliminate, per-item transactions fees.

Business Analysis Monthly Service Fees

Account Maintenance	$10.00 Month
ACH Debits	$ 0.10  Item
ACH File Processing	$ 5.00  Item
ACH NOC	$ 1.00  Item
ACH Returns	$ 1.00  Item
ATM Deposits	$ 0.10  Item
ATM Withdrawals	$ 0.10  Item
Cash and Currency Services	$ 0.10  per 100
Checks Clearing	$ 0.10  Item
Deposited Items -  Local	$ 0.10  Item
Deposited Items - Transit	$ 0.10  Item
Deposits Made	$ 0.10  Item
On-Us Check Cashing	$ 0.10  Item
Return Deposited Items	$ 5.00  Item
Sweep Maintenance	$ 5.00  Month
Wire Transfer	$10.00 Item
Earnings Credit Rate	0.50 %
Reserve Rate	10.00 %

Small Business Checking

If you expect only light activity on your account (the number of checks written and number of items deposited), then you may be able to benefit from special discount pricing through our Small Business Checking Account. A service fee of $5.00 will be imposed every monthly statement cycle if the balance in the account falls below $500.00 any day of the monthly statement cycle. Fees, Conditions, & Balances are subject to change. Please contact one of our Customer Service Representatives for the most current information.

Contact One of Our Customer Service Representatives for More Information!