What is a U-Sweep Account and who is Newtown Savings Bank?
High interest, No fees, no service charges, no kidding!!!!!!!! With an Newtown Savings Bank U-Sweep Account, you earn a 1.60%* Annual Percentage Yield (10/27/2009) with the highest degree of flexibility, freedom, and security you simply won’t find at just any bank. For more details, see our disclosure. And because your account is FDIC insured, your account is secure. No required minimum balances. There is no minimum balance required to open your Newtown Savings Bank U-Sweep Account, and you don’t have to keep a specific balance in your account to qualify for a high interest rate. No matter how much you have on deposit, the rate is the same. No fees. No service charges. No penalties. No hidden costs. At Newtown Savings Bank, we won’t charge you fees or service charges on your U-Sweep Account. You don’t need to scour the fine print. You earn high interest on your money with 24-hour access to your account and you don’t have to change banks. Your money is available whenever you need it, si