FitnessBank, a division of Newton Federal Bank

Deposit Rates APY Vs.Others
Savings 0.55% 0.85% →
1-Year CD N.A. 0.70% →
2-Year CD N.A. 0.75% →
3-Year CD N.A. 0.85% →
4-Year CD N.A. 1.04% →
5-Year CD N.A. 1.15% →

2021 Overview

General Online Bank Information

Money that you deposit is held by Newton Federal Bank. Newton Federal Bank is an FDIC insured institution founded in 2017. It has approximately $0.00 billion in assets.

Deposits FDIC Insured Yes
Insured Bank Newton Federal Bank
FDIC Certificate # 59103
Date Established 2017
Assets $0 billion
Loans $0 billion
Deposits $0 billion
Capital $0 billion

For a more detailed analysis of Newton Federal Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - September 16, 2021

Online Savings and Money Market Rates
Online Savings and Money Market Rates APY MIN MAX
Fitness Savings
0.55% $100 - Learn More


 

Bank Offers

Fitness Bank Lowers Top Tier Savings Rate to 2.60% APY
Oct 31, 2019

On November 1, 2019, Fitness Bank is lowering its savings rate to 2.60% APY for those customers who download the bank's app and record an average daily activity of 12,500 steps or more.   Those customers averaging between 10,000 and 12,500 steps will now receive a 2.34% APY.

At the 2.60% APY, Fitness Bank's savings account remains the highest yielding online savings account in the U.S.   See all of the best online savings rates here.   You may still find higher savings rates locally and should compare those rates here.


Fitness Bank Lowers Top Tier Savings Rate to 0.70% APY
Nov 30, 2020

Those FitnessBank account holders who are most active will be able to earn up to 0.70% APY in December (down from 0.85% APY in November).   This rate requires 12,500 average daily steps for users under 65 and 10,000 for those over 65.


Fitness Bank Lowers Top Tier Savings Rate to 0.65% APY
Feb 1, 2021

FitnessBank has lowered its top tier savings rate from 0.70% to 0.65%.   The rate is extended to those customers averaging over 12,500 steps per day (or those over 65 averaging over 10,000 steps per day).


Fitness Bank Lowers Top Tier Savings Rate to 0.55% APY
Aug 2, 2021

Fitness Bank has lowered its top tier savings rate by 10 basis points today.   The rate requires 12,500 average steps (or 10,000 for those over 65).




Customer Reviews for FitnessBank, a division of Newton Federal Bank (24)


  • August 24, 2021 |

    Online Savings Rates

    The system has been down all month, but they are giving everyone the highest rate. Hope the fix it soon. I actually love the gamification part (competing with others for most steps)!

  • March 29, 2021 |

    Online Savings Rates

    It seemed compelling but too many hoops with an app that didn't load right and I was never able to get the account funded. I will opt for a little less and maintaining my sanity.

  • March 15, 2021 |

    Online Savings Rates

    I am a long distance runner so this is good for me for a couple of years, but I am increasingly wondering why I am carrying my IPhone with me when I run just to pick up 0.05%?

  • February 10, 2021 |

    Online Savings Rates

    Just a great concept! Wish I could be incentivizd the same way for health insurance, life insurance.

  • January 20, 2021 |

    Online Savings Rates

    Been pleased for a couple of years, and have enjoyed constantly getting a higher rate for my steps. All of the phone calls and letters demanding that I vote on some merger are a little too much.

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