Climate First Bank vs. Newtek Bank
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | Climate First BankSuper Duper Savings Account Jan 21, 2026 | Newtek BankPersonal High Yield Savings Jan 21, 2026 |
|---|---|---|
| APY | 4.21% | 4.35% |
Est. Earnings | $5,000+$211 $10,000+$421 $25,000+$1,053 | $5,000+$217 $10,000+$435 $25,000+$1,088 |
Min Deposit | $50 | $0.01 |
Snapshot view. Rates subject to change. | ||
| Features | FDIC InsuredLow MinimumsGreat iOS AppGreat Android AppIn-Person AccessZelle® Supported | FDIC InsuredNo MinimumsGreat iOS AppGreat Android App |
Comparison Analysis
Comparing Climate First Bank vs. Newtek Bank
As of Climate First Bank offers an APY of 4.21% for its Super Duper Savings Account, with a minimum balance of $0, compared to Newtek Bank's 4.35% APY for its Personal High Yield Savings account, with a minimum balance of $0.01.
Newtek Bank pays $14 more than Climate First Bank on a $10,000 balance after one year. Climate First Bank pays $421, while Newtek Bank pays $435 - an APY advantage for Newtek Bank.
Why Climate First Bank?
- ✓Physical branch access (3 locations in Florida (St. Petersburg, Mount Dora, Winter Park), and one coming soon in Orlando, FL)
- ✓Higher rated iOS app (4.9 vs 4.5)
- ✓Higher rated Android app (4.4 vs 4.0)
- ✓Fast transfers via Zelle®
Why Newtek Bank?
- ✓Higher potential APY (4.35% vs 4.21%) on all balances
— Key Feature Differences —
Better Returns at $10,000
Newtek BankNewtek Bank's Personal High Yield Savings earns more on smaller deposits (approx. $435 vs $421/yr).
Better Returns at $25,000
Newtek BankNewtek Bank's Personal High Yield Savings pulls ahead with larger amounts (approx. $1088 vs $1053/yr).
Best Mobile App Experience
Climate First BankClimate First Bank offers an iOS app rated 4.9 (vs. 4.5) and Android app rated 4.4 (vs. 4.0)
Shared Benefits
Over a 1-year period, Newtek Bank's Personal High Yield Savings pays $14 more interest on a $10,000 balance than Climate First Bank's Super Duper Savings Account.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary as of
Newtek Bank offers a Personal High Yield Savings account with a competitive APY of 4.35%, making it the preferred choice over Climate First Bank's Super Duper Savings Account, which yields 4.21%. Newtek's account requires a minimum deposit and balance of just $0.01, while Climate First Bank requires a minimum deposit of $50. Both accounts have no maintenance fees and do not require direct deposit. Notably, Newtek Bank operates online-only, while Climate First Bank provides a mobile app experience rated highly by users. Overall, Newtek Bank stands out for its higher APY and lower deposit requirements.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
Non-sponsored link to official site
Non-sponsored link to official site
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Climate First Bank vs. Newtek Bank Savings Calculator
You earn $14 more with Newtek Bank than Climate First Bank on a $10,000 initial deposit for 1 year*.
*This calculation assumes that APYs remain unchanged for 1 year, and takes into account known promo rate periods, but does not factor in bonuses. You can see how often these banks have changed their rates in the Compare Savings Rates Over Time section below.
Climate First Bank
Super Duper Savings Account
Savings Breakdown
- Interest Earned+$421.00(4.0%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,421.00
Newtek Bank
Personal High Yield Savings
Savings Breakdown
- Interest Earned+$435.00(4.2%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,435.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | Climate First Bank | Newtek Bank |
|---|---|---|
| APY | 4.21% Verified: 1/21/2026 - | 4.35% Verified: 1/21/2026 Stable (90d) |
| Product Name | Super Duper Savings Account | Personal High Yield Savings |
| Minimum Deposit | $50 | $0.01 |
| Min. Balance for APY | $0 | $0.01 |
| Monthly Fee | $0, if electronic statements selected, otherwise $5 | $0 |
| Branch Access | Yes | None |
| Account Type | Online & Branches | Online Only |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | iOS4.9 Android4.4 | iOS4.5 Android4.0 |
| Zelle® Support | Available Verified in Climate First Bank Personal app. | Not Supported |
| BBB Rating | A- | A+ |
| Next Steps | Visit SiteVerify at Climate First Bank Non-sponsored link to official site | Visit SiteVerify at Newtek Bank Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Climate First Bank | Newtek Bank |
|---|---|---|
| Super Duper Savings Account | Personal High Yield Savings | |
Current APY | 4.21% | 4.35% |
Trend | Stable | Stable |
Velocity (bps/mo) | 0.0 | -0.0 |
Days Since Change | 56 | 56 |
2-Month High | 4.21% | 4.35% |
2-Month Low | 4.21% | 4.35% |
Adjustments / Mo | 0.00 | 0.00 |
Volatility Score | 0.000 | 0.000 |
How to read these metrics(Click to expand)
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High Rates (With Checking Bundle)
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