Featured Savings Rates
Featured Accounts

NewDominion Bank

Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
1.40%5-year CD60 Month Fixed Rate CD
0.85%1-year CD12 Month Fixed Rate CD
0.35%SavingsPursuit Savings

Overview / Commentary
704-235-6678
1111 Metropolitan Avenue
Charlotte, NC 28204

NewDominion Bank is headquartered in Charlotte and is the 30th largest bank in the state of North Carolina. It is also the 2,105th largest bank in the nation. It was established in 2005 and as of June of 2017, it had grown to 52 employees at 3 locations. NewDominion Bank's money market rates are 2X the national average, and it has a B+ health rating.

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Reviews (1)

CD Process Overview

Posted by: klink | Jun 8, 2017

Called this AM because I could not see an on-line opening process for their CD products. A nice CSR advised me that to open E-mails are required sending forms to be printed out and returned, then wire transfers or snail mail checks sent before CD products could be obtained. As I live not far away from the branch in Charlotte I advised her that my plan was to open in person with cash and hope to leave with everything I needed to monitor the CD until maturity. The in cash at branch was acceptable. The rest was not possible. They do not let you monitor the CD accounts online nor do they send you any kind of information in regards to CD accounts. They will send you a notice of maturity at the appropriate time. Any information in regards to interest awarded or acct. balance for CD products must be obtained by telephone. All of this at 9:45 AM, 8 Jun 2017.



Health
B+

Health Grade Components

Overall
FDIC Certificate #57888
Year Established2005
Employees52
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.42%
Return on Equity - YTD3.86%
Annual Interest Income$6.4MM
Assets and Liabilities
AssetsQ2 2017vs Q2 2016$318.2MM$324.7MM
LoansQ2 2017vs Q2 2016$262.0MM$246.3MM
DepositsQ2 2017vs Q2 2016$265.9MM$267.1MM
Equity CapitalQ2 2017vs Q2 2016$35.2MM$32.5MM
Loan Loss AllowanceQ2 2017vs Q2 2016$3.7MM$3.5MM
Unbacked Noncurrent LoansQ2 2017vs Q2 2016$0$31.00K
Real Estate OwnedQ2 2017vs Q2 2016$4.2MM$6.1MM
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

NewDominion Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.35%*$10k*-Pursuit Savings
OTHER TIERS: 0.15% Up to $2,500 | 0.25% $2,500 - $10k
0.25%--My Piggy Bank Savings

NewDominion Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.06%*$100k*-Evolve Money Market
OTHER TIERS: 0.53% Up to $100k
1.06%*$100k*-Business Evolve Money Market
OTHER TIERS: 0.53% Up to $100k
0.70%*$100k*-Thrive Money Market
OTHER TIERS: 0.10% Up to $2,500 | 0.15% $2,500 - $10k | 0.25% $10k - $25k | 0.50% $25k - $50k | 0.60% $50k - $100k
0.55%*$100k*-Business Money Market
OTHER TIERS: 0.15% Up to $2,500 | 0.25% $2,500 - $10k | 0.30% $10k - $50k | 0.40% $50k - $100k

NewDominion Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%--IOLTA Account

NewDominion Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.75%$1k-35 Month Bump CD
1.75%$1k-35 Month Bump Business CD
1.50%$1k-24 Month Fixed Rate CD
1.50%$1k-24 Month Business CD
1.50%$1k-23 Month Bump CD
1.50%$1k-23 Month Bump Business CD
1.40%$1k-60 Month Fixed Rate CD
1.40%$1k-60 Month Business CD
1.30%$1k-48 Month Fixed Rate CD
1.30%$1k-48 Month Business CD
1.20%$1k-36 Month Fixed Rate CD
1.20%$1k-36 Month Business CD
1.10%$1k-30 Month Fixed Rate CD
1.10%$1k-30 Month Business CD
1.00%$1k-18 Month Fixed Rate CD
1.00%$1k-18 Month Business CD
0.90%$1k-13 Month Fixed Rate CD
0.90%$1k-13 Month Business CD
0.85%$1k-12 Month Fixed Rate CD
0.85%$1k-12 Month Business CD
0.75%$1k-9 Month Fixed Rate CD
0.75%$1k-9 Month Business CD
0.30%$1k-6 Month Fixed Rate CD
0.30%$1k-6 Month Business CD
0.25%$1k-3 Month Fixed Rate CD
0.25%$1k-3 Month Business CD

NewDominion Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.50%$500-24 Month IRA
1.40%$500-60 Month IRA
1.30%$500-48 Month IRA
1.20%$500-36 Month IRA
0.85%$500-12 Month IRA
0.30%$500-6 Month IRA
0.25%$500-3 Month IRA
Locations


NewDominion Bank Locations
Newdominion Bank1111 Metropolitan AvenueCharlotte, NC 28204
Mooresville Office124 Trade Court, Suite AMooresville, NC 28117