Preferred Employee Program (PEP)

Our Preferred Employee Program is an exclusive package of discounts designed to benefit the employees of our valued business and municipal clients. 

Checking 
  • Get $150 when you open a Free Checking account with direct deposit
  • Bank anywhere and anytime with online and mobile banking and a Visa® debit card that allows you to turn your smartphone into your mobile wallet.
Add Savings...
  • Get $50 for opening a Statement Savings account with a balance of $300
Mortgage & Loan Discounts
  • Free pre-qualification for home purchase
  • Refund of mortgage appraisal fee
  • Personal loans receive 1/8% off posted rate

If your company is interested in signing up for PEP, contact a Newtown Savings Bank representative today!


Offers available for the above personal checking and statement savings accounts opened in 2021. Free Checking: The offer amount will be deposited into the respective checking account within 60 days after if the qualifying direct deposit payment has been made. A qualifying direct deposit is salary, pension, Social Security, or other regular monthly income, electronically deposited through the Automated Clearing House (ACH) network by your employer or an outside agency. Non-qualifying direct deposits for purposes of this offer include transfers from one account to another (for example, transfers between your own accounts, or person-to-person transfers using a transfer service such as Venmo or Zelle®), or deposits made at a branch or ATM, or through mobile deposit. Savings: Open a Statement Savings account along with the checking offer described above and deposit and maintain $300 for 60 days after being opened to earn a $50 bonus in your Statement Savings Account. Maximum $200 per household and may not be combined with other offers. The Annual Percentage Yield (APY) for Statement Savings is .05% as of June 28, 2021 and subject to change after the account is opened. The minimum to earn the advertised APY is $10 for Statement Savings. Fees may reduce earnings. Personal checking and savings accounts have a minimum deposit of $25 to open. To be eligible these offer(s), all account holders must be new checking account customers. If your checking account or statement savings are closed within 90 days after being opened, the bonus amount (s) will be deducted at closing. You are responsible for any federal, state, or local taxes due on the bonus and we will report as income to the tax authorities if required by applicable law. Consult your tax advisor. Offers are subject to change and may be withdrawn at any time. We do not charge for mobile banking. Your mobile device provider may charge you fees — please check with your carrier. Offer(s) may not be combined with any other offer.