Newton Federal Bank
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3175 Hwy 278 · 8258 Hwy 278 · By Pass Rd & Hwy 36, Covington GA 30014 · 770-786-7088

About Us

A History of Excellence
Newton Federal Bank was originally organized as Newton County Building and Loan Association under the Laws of the State of Georgia on November 14, 1928. W.C. McGahee was the founder.

A Federal Charter was granted on January 13, 1947, and the Association became Newton Federal Savings and Loan Association with assets of $125,543.00. The Association was established to encourage thrift and home ownership.

In December 2000, the Eastside branch located at 8258 Highway 278 was opened to serve customers in Covington and Newton county areas. In addition, the Association’s services have expanded from first mortgage loans and passbook savings to include checking accounts, construction loans, equity credit lines, consumer loans, share loans (loans secured by savings accounts), certificates of deposit, travelers’ checks, ATM’s, debit cards, telephone banking and Internet banking.

As of January 1, 2004 Newton Federal Savings & Loan Association changed its name to Newton Federal Bank. In October 2006, the Southside branch was opened at 10131 Carlin Ave. giving Newton Federal Bank three locations to meet the needs of our area.

On December 10, 1952, assets topped a million dollars. Our assets, as of September 30, 2006, were $273,058,000.00.

Privacy Policy

Newton Federal Bank recognizes the importance of protecting the privacy of personal information about our customers and others who visit our web site.  Through our web site, we strive to provide valuable information to you about how we may serve you. Whether you are a valued existing customer or someone shopping for new bank services, we hope our site answers your question about our products, services, locations, and hours. 

Our web site does not require you to disclose any personally identifying information.  If you choose to contact us via e-mail, please keep in mind that your e-mail address, and any other information your e-mail header shows about you, such as your name or organization, will be revealed to us in the e-mail.  We pledge, that when you communicate with us via e-mail, we will use your e-mail information only for the specific purpose of responding to your comments or question.  Your e-mail address will not be sold, nor will it be shared with others outside the bank unless we are compelled to do so by law. 

When you use our products or services, we and our business partners who help us deliver these products will have access to your personal information.  Newton Federal Bank does not disclose any nonpublic personal information about you to anyone, except:

  • Where it is necessary for completing a transaction
  • In order to verify the existence and conditions of your account from a third party
  • In order to comply with government agency or court order
  • If you request and authorize it
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