Data as of Aug 16, 2026 · Based on 3,131,739 AI responses across 10,525 prompts · See how Parse measures this
Newtek Bank, N.A. is the banking subsidiary of NewtekOne (NASDAQ: NEWT) offering FDIC-insured personal and business banking services, including zero-fee checking, high-yield savings, money market, and CDs, plus a Business Visa Debit Card and nationwide ATM access. It provides business lending with fully amortizing loans from $5,000 to $15 million, 10–25 year terms, no balloons or standard covenants, and instant prequalification with no impact to your credit score. The bank emphasizes security and direct, integrated banking with tools for cash management, merchant processing, payroll, and online/mobile access, supported by strong encryption and two-factor authentication.
Words AI uses
AI reaches for 4.20% apy · high-yield · competitive when it describes Newtek Bank.
Rivals
Varo is the brand AI weighs against Newtek Bank most.
Sources
nerdwallet.com shapes more of what AI says about Newtek Bank than any other source, at 65% of its citations.
wsj.com · kiplinger.com · newtekbank.com · fool.com
The market map
High-Yield Savings Accounts →Excerpts where Newtek Bank appeared in the AI's answer

Newtek Bank Personal High Yield Savings : Delivers a competitive rate around 4.2 0% APY with a 0 0 0 minimum opening deposit requirement, no monthly fees, and straightforward online/mobile app access.

Newtek Bank (Personal High Yield Savings) : Offers a competitive 4.2 0% APY
Excerpts where Newtek Bank appeared in the AI's answer

Newtek Bank Personal High Yield Savings : Offers around 4.2 0% APY with no monthly maintenance fees and a 0 0 0 minimum opening deposit requirement.

Newtek Bank Personal High Yield Savings : Highly rated for simplicity, offering a strong rate of around 4.2 0% APY with no monthly fees and a negligible minimum balance requirement.
Excerpts where Newtek Bank appeared in the AI's answer

Newtek Bank — 4.20% APY (no minimum balance or complex hoops to jump through, just a $100 opening deposit).

Newtek Bank — 4.20% APY with a $0 minimum balance and no special hoops to jump through