FitnessBank, a division of Newton Federal Bank

Deposit Rates APY Vs.Others
Savings 0.95% 0.95% →
1-Year CD N.A. 1.01% →
2-Year CD N.A. 0.95% →
3-Year CD N.A. 1.21% →
4-Year CD N.A. 1.26% →
5-Year CD N.A. 1.30% →

2020 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 1928. It has approximately $0.65 billion in assets.

Deposits FDIC Insured Yes
Insured Bank Newton Federal Bank
FDIC Certificate # 29510
Date Established 1928
Assets $0.65 billion
Loans $0.52 billion
Deposits $0.5 billion
Capital $0.07 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 - October 26, 2020

Online Savings and Money Market Rates
Online Savings and Money Market Rates APY MIN MAX
Fitness Savings
0.95% $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.




Customer Reviews for FitnessBank, a division of Newton Federal Bank (17)


  • October 12, 2020 | | Replies 1

    Online Savings Rates

    This was very compelling when I first learned about it on this site but now it is kind of average and as we go into winter with all the gyms closed it may turn very average if I cannot stay above 10,000 steps.

    HR | Oct 26, 2020

    Au contraire non frere. The drive to get to 12,500 daily steps is the only thing to keep me hiking and biking on grey days. I do not know what balances you are keeping, but 0.95% is a whole lot better than any of the big banks are offering at the moment.

  • September 28, 2020 |

    Online Savings Rates

    I had some problems with all of the apps and passwords and all of that, but am enjoying the highest online savings rate available.

  • August 31, 2020 |

    Online Savings Rates

    My husband and I are pretty active and over 65 (so have lower numbers to meet). Yet, we could not sustain the averages required for the highest rate. It might have been a recording problem with the iPhone.

  • August 02, 2020 |

    Online Savings Rates

    This has actually been a great experience. Getting a higher balance has been an incentive to keep me active and I enjoy the competition. The downside is that the two apps are a little cumbersome.

  • April 30, 2020 |

    Online Savings Rates

    The people were really nice when I spoke with them setting this up. The two separate apps on my iphone became annoying as I was always being logged out. I think this would make sense if I had a big balance, but I do not.

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