NewDominion Direct
NewDominion Direct is a small bank headquartered in Charlotte, NC. This bank is an internet bank and does not have local branches. NewDominion Direct has deposits of $480.6 million, and was established in January 2005.
This bank is FDIC insured - all deposits are protected for up to $250,000. Products offered by the bank include: Fixed Rate CD, IRA CD, Commercial Money Market, High Yield Money Market, NDB Saver, Commercial NOW and First Rate Checking.
Current NewDominion Direct Rates
| Name | Term | APY | Min Deposit | |
| Fixed Rate CD | 3 months | 0.25 % | $3,000 | |
| 6 months | 0.30 % | $3,000 | ||
| 9 months | 0.50 % | $3,000 | ||
| 1 year | 0.80 % | $3,000 | ||
| 15 months | 0.80 % | $1,000 | ||
| 18 months | 0.80 % | $3,000 | ||
| 2 years | 0.80 % | $3,000 | ||
| 30 months | 0.80 % | $3,000 | ||
| 3 years | 0.90 % | $3,000 | ||
| 4 years | 0.95 % | $3,000 | ||
| 5 years | 1.00 % | $3,000 | ||
| IRA CD | 3 months | 0.25 % | $500 | |
| 6 months | 0.30 % | $500 | ||
| 1 year | 0.80 % | $500 | ||
| 2 years | 0.80 % | $500 | ||
| 3 years | 0.90 % | $500 | ||
| 4 years | 0.95 % | $500 | ||
| 5 years | 1.00 % | $500 |
About NewDominion Direct
NewDominion Bank is a niche financial services company providing expertise and enabling growth and success for customers. Offering specialized growth-oriented products, seasoned professional staff, and advanced technology, NewDominion helps businesses and individuals achieve their financial goals. Based on a philosophy that sharing resources and ideas benefits all, NewDominion strives to insure the mutual success of customers, investors, and employees.
NewDominion offers complete lending, advisory and cash management services to small and mid-sized businesses, bringing the expertise and experience that enable customers to achieve their goals for rapid growth and success. Consumers benefit from innovative deposit, consumer loan, credit card, and online offerings.
NewDominion has quickly risen to become a leader in providing cash management solutions through innovative technology systems and experienced customer relationship managers.
A winning team of seasoned professionals heads NewDominion, bringing years of successful leadership and management skills to guiding this innovative company. Their leadership is augmented with a strong, balanced, and experienced management team with leaders in cash management, credit services, deposit services, technology, and operations.
NewDominion works with strategic partners to provide specialized services in cash management, syndicated loans, and lending. These strategic partnerships provide customers with the benefits of rapid clearing times, leading edge technology innovations, and depth of industry knowledge and experience to support customized solutions.
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