Newport Federal Bank

Checking Account Products

Newport Federal Bank offers a variety of checking accounts to fit your needs!

Priority Club Checking

The Protection You Need, The Rewards You Deserve. Newport Federal Bank Priority Club Checking comes with all the following perks:

Free Priority Club Checks

Official Checks or Money Orders (3 Per Month)

Earn Interest with $500.00 per day Minimum Balance

24-Hour Accidental Death & Dismemberment Insurance

Travel & Entertainment Discount Membership

Priority Club Members also get access to IDProtect® which offers:

* Credit Monitoring
* Total Identity Monitoring
* 3-in-1 Credit Report
* Credit Score
* Fully Managed Identity Theft Resolution Service
* Identity Information Management Program
* Identity Theft Recovery Case Plan
* Debit and Credit Card Registration
* Online Identity Theft News Center & Valuable Phone and Web Resources

*Basic style checks are free with this product*
*A Fee of $8.00 Will Be Deducted from The Account Every Month. For Seniors 60+, the Fee is $4.00*

IDProtect service is a personal identity theft protection service available to account owner(s) and their family. Family includes: Spouse, persons qualifying as domestic partner, and children under 25 years of age and parent(s) who are residents of the same household.

Identity theft insurance underwritten by insurance company subsidiaries or affiliates of Chartis Inc. The description herein is a summary and intended for informational purposes only and does not include all terms, conditions and exclusions of the policy described. Your new description of coverage is enclosed. Please refer to actual policy for terms, conditions, and exclusions of coverage. Coverage may not be
available in all jurisdictions.

Plateau Insurance Company of Crossville, TN will be our Accidental Death & Dismemberment Insurance underwriter. Your new description of coverage is enclosed. If you wish to update a beneficiary or add a beneficiary, please contact City National Bank to complete a beneficiary card. Otherwise, if there is no designated beneficiary on file, benefits will be paid according to the Master Policy. For questions
regarding claims or your coverage, call 1-866-210-0361. Please keep a copy of this letter with your important insurance papers. Insurance product is not insured by FDIC or any Federal Government Agency; not a deposit of or guaranteed by the bank or any bank affiliate.

Value Checking

Our basic starter account that draws no interest and has no monthly fees. Checks are not free with this product.Only requires $50.00 to open this product!

NOW Checking

This product offered by Newport Federal Bank is an interest bearing checking account that must maintain a daily $500.00 balance for interest to be applied. If the amount at any time drops below $500.00, a fee of $5.00 will be charged for the month.
Checks are not free with this product.

Money Market Checking

It is an interest bearing checking account with a minimum balance of $2,500 to open and maintain. If the balance drops below the minimum required, a $5.00 fee will be charged.

Tier A	$0.01 - $2,499.00
Tier B	$2,500 - $49,999.99
Tier C	$50,000 - $149,999.99
Tier D	$150,000 - $249,999.99
Tier E	$250,000 & Greater
	Limited Transactions Per Month, Please Contact a Customer Service Represenative For More Information

Savings Account Products

Newport Federal Bank offers a variety of savings accounts to fit your needs! Browse the types below for more information regarding the particular product interested in.

Individual Retirement Accounts (IRA's)

Newport Federal Bank offers three types of IRA's to our customers: Traditional, Roth, and Education.

Traditional IRA - The traditional IRA is an account that allows you to defer taxes on earnings on your contributions until they are withdrawn. Also certain contributions are tax deductible in the tax year for which they are made.

Roth IRA - The Roth IRA allows only nondeductible contributions and features tax-free withdrawals for certain distribution reasons

Education IRA (Coverdale Education Savings Account - CESA) - This IRA is a nondeductible account that features tax-free withdrawals for a very specific purpose - a child's education expense.

Certificate's Of Deposit (CD's)

All Certificate of Deposit Accounts offered by Newport Federal Bank require a minimum of $1,000 to open and draw interest. Early withdrawal penalties may apply.
Please consult your Customer Service Representative for more information.
ACCOUNT TYPES:

♦ 91 Day
♦ 182 Day
♦ 182 Day (Checks)
♦ 9 Month
♦ 12 Month

♦ 13 Month
♦ 14 Month
♦ 18 Month
♦ 24 Month
♦ 30 Month
♦ 48 Month

Regular Savings

This product is an interest bearing account that draws interest per quarter.
Always keep a $50.00 balance to avoid service fee of $3.00 quarterly. With this type of account, you are only allowed to auto draw out no more than 6 per statement cycle, but can come into bank as often as liked for withdrawals.

Kitty Club Savings

Kitty Club is the savings program designed just for kids. It's fun! And it teaches your child about the fundamentals of saving money. Open an account with a small minimum deposit and your child will receive:
Kitty Club Membership Card
Kitty Club Membership Certificate
Newsletters from Kitty Kat himself
Special gifts and surprises throughout the year
Kitty Club T-Shirts are available to purchase.
Free gifts during special promotions reward your child for continuing to make savings deposits.
So as your child grows, so does the money in the account.
Ask about Kitty Club today. This is one pet the whole family is sure to love!

Christmas Club Savings

Newport Federal Bank offers a product to help you with your Christmas Shopping! Come in to open your Christmas Club account today!
*50.00 Minimum to Open*
Please see terms and conditions for more information on this account.