Featured Business: Town Square Olive Oil

Business Center Stage. Town Square Olive Oil recently celebrated 7 years in business this past May. In celebration of them and the success of the many small businesses that make Covington their home, our President, Greg Proffitt wants to share the stories of local business owners within our Newton Federal Community.  Cindy and Anthony Mask … Read more

Meet the President

Meet the President. Greg Proffitt has been a part of the Newton Federal Team for 17 years. Since the merger with Affinity Bank in 2020, Greg has served as President of Newton Federal Bank, focusing his attention on the Covington Market and brand relations within the community.  He is an active member of the Community … Read more

A Guide to Managing Your Credit Score

From the moment you establish credit, it can be a bit of an uphill battle maintaining a credit score within a decent range. But what makes this so important; why should we care about our credit scores? These triple digit identifiers are what clue third parties into your credit history. In virtually any major purchase … Read more

Reaching a Better Credit Score

Welcome back to our series on managing your credit score. If you missed the first two entries, you can review them here: LINK #1 LINK #2 Credit cards can feel like almost a get out of jail free card sometimes. Whether your checking accounts are low, or if it’d be more responsible to make a … Read more

Making Sense of Your Credit Report

Are you seeking to make any major purchases in the near future? A Car? A house? Applying for a loan? Any of these will ultimately call upon one major factor: your credit. It is one of the end-all-be-alls when it comes to financing. As such, it’s imperative that you understand everything your credit report is … Read more

How to Raise My Credit Score

Credit can be a major monster to tangle with. It can impact so many decisions in your life. If not managed properly, your credit score can be one of the most restrictive factors when it comes to your future plans. Still, mistakes can happen, and many often find themselves in the stronghold of poor credit. … Read more

Avoiding Overdraft Fees

We know that overdraft fees are a hassle to deal with. Luckily though, there are measures you can take to ensure that they don’t happen. Many financial institutions offer support like overdraft protection to keep you covered in these less than favorable moments. But, before we go any further, let’s take a step back and … Read more

Preparing To Become A Homeowner

Have you decided it’s time to become a homeowner? Then you’ve come to the right place. Newton Federal is dedicated to helping our clients along their financial journey, regardless of what stage they’re at. Whether it’s opening a business or personal account, or securing a loan across a number of different categories, we can provide … Read more

30-Year Fixed-Rate Mortgages in 2022 Vs 2010’s

Welcome back to our extensive archive here at Newton Federal. It is our goal to keep you informed as you go about the process of homeownership. Today, we’ll be reviewing 30 Year Fixed-Rate Mortgages, and how they’ve changed over the past decade. First, what is a fixed rate mortgage? It’s just as its name implies. … Read more

Your Business Plan is Critical to Your Success

Owning your own business requires more than just knowledge and understanding. It takes courage, commitment, and resolve. It’s more than a full time job, it’s a lifestyle. That said, you’ll want to do everything in your power to stay ahead of the game. Preparation is key, which is why we recommend having a business plan. … Read more