Banks | Newton Federal Bank

Newton Federal Bank

Our records indicate that this bank has been acquired by Affinity Bank, National Association.


Newton Federal Bank is an FDIC insured institution headquartered at 3175 Highway 278, Covington, GA 30014.
It was founded in 2017 and has approximately $0 billion in assets. Customers can open an account at one of its 0 branches.

Deposit Rates - December 21, 2024

Overview 2024

General Bank Information

FDIC Insured Yes
FDIC Certificate # 59103
Date Established 2017
Assets N.A.
Loans N.A.
Deposits N.A.
Capital N.A.

Summary Balance Sheet as of March 31, 2024

ASSETS
Cash & Balances due from depository institutions N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases N.A.
Loan loss allowance N.A.
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.

LIABILITIES
Total deposits N.A.
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.n
      Total Liabilities N.A.
      Shareholders’ Equity N.A.

Summary Income Statement as of March 31, 2024

INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Customer Reviews for Newton Federal Bank (3)

Rated 2.67 stars out of 5 - based on 3 reviews

  • keeps me active and gets a a couple extra .01s.

  • I was able to open an account here a couple of months back when I called after initially not hearing back. I had some problems getting the app to work. I really felt as though I was doing guinea pig duty when I was walking though the installation with technician on the phone. Then, at the end of the month, boom and da-ta and their app is completely gone. At least they are just giving out the highest tiered rate (but in the 2 short months that I have been a customer the rate has dropped from 0.65% to 0.55%).

  • I applied and never heard back. twice. cannot recommend.

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