Newtek Bank, National Association, is the banking subsidiary of NewtekOne, Inc. (NASDAQ: NEWT). It was established in January 2023 after Newtek acquired the National Bank of New York City and received its national bank charter from the Office of the Comptroller of the Currency (OCC). The bank's mission is to be the "Smarter Bank for Business®" by leveraging its proprietary Newtek Advantage® technology platform to offer a single-source solution for business and personal banking, including deposit accounts, SBA and conventional business loans, and payment processing services.

Founded in

United States