Openbank vs Newtek Bank
Openbank High-Yield Savings pays 4.35% APY vs. Newtek Bank High-Yield Savings's 4.20%. Openbank High-Yield Savings wins on rate; Newtek Bank High-Yield Savings carries a stronger brand reputation.
Option B
Newtek Bank
4.20%
APY
- Min
- $0
- Fee
- $0/mo
- FDIC
- Yes
Best for: people starting with smaller balances
Open with Newtek Bank →How this comparison was built
Rates and fees are pulled from each provider's published rate disclosures and reviewed by our product data pipeline. The verdict above is generated from the verified data — we don't accept payments to influence rankings. Last refreshed 10/25/2026.