Newtek Bank is banking that’s built for business. We are a subsidiary of NewtekOne (NASDAQ: NEWT), a leading provider of business solutions with a 20+ year track record.
In Newtek Bank, we’ve created an institution that goes beyond banking to provide you with the tools, services, and 24/7 dedicated support you need to thrive. Plus, you can bank anywhere, anytime with online and mobile banking.
As of January 6th, 2023, Newtek has completed its acquisition of National Bank of New York City (NBNYC). As a result of the merger, NBNYC has been renamed National Bank of New York City, a Division of Newtek Bank, National Association.
No. You will be required to link an external account during the account opening process to fund your Newtek Bank account, but you do not need to switch banks.
There are no monthly fees on our Business Checking, Business Savings, or Consumer High Yield Savings Accounts. Certificate of Deposit accounts may have penalty fees for early withdrawals.
We expect that debit cards will be available for Business Checking customers soon. Newtek Bank clients will have access to the MoneyPass ATM network at no extra cost. Please reach out to 718-358-4400 for more information.
For our Consumer High Yield Savings, Business High Yield Savings, and Business Checking products, you can open one of each account type. You can open as many Certificate of Deposit accounts as you would like. All accounts can be seamlessly managed from your online banking account or the mobile app.
If you are an existing client and forgot your Digital Banking passcode, click ‘Forgot Password?’ on the Log In portal. You will be prompted to enter your Access ID, the email address associated with your account(s), and your SSN or Tax ID. You will then need to answer your security question. Once this information is confirmed, a temporary passcode will be delivered to your email address, along with steps to reset your passcode.
If you simply wish to change your passcode, you can do so in your Digital Banking portal.
Click your name in the top right of the screen
Select Passcode
Follow instructions to reset your passcode
If you are a new client with an application in progress and forgot your passcode, please contact us at 888-681-7238.
When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you or your business. We may also ask to see your driver’s license or other identifying documents. Federal law requires all financial institutions to verify the identity of each person who opens an account.
During the account opening process, you will also be required to link an external account to fund your Newtek Bank account. To do so, you will need the log-in credentials for your external institution. This information is not stored or saved by Newtek Bank.
During the account opening process, you will be required to link an external account to fund your Newtek Bank account. To do so, you will need the log-in credentials for your external institution. This information is not stored or saved by Newtek Bank.
The standard transfer limit is $25,000. Please contact 718-358-4400 to speak with a banking specialist to help with larger transfers or wire transfers.
For Consumer High Yield Savings accounts, you can make up to six (6) transfers per monthly statement cycle. Withdrawals from your account can only be transferred to the original external funding source.
026004297. Due to the recent acquisition of National Bank of New York City, your existing bank may have not updated their directory to show Newtek Bank N.A.
Bill Pay is available for business customers to pay vendors seamlessly and securely from your Newtek Bank account. You can request Bill Pay through your Digital Banking portal.
Click the Settings (wheel) icon in the top right, and then click Modify Access & Services.
For the desired account, select Edit (under Actions)
Click the radio button for Basic with Bill Pay, and then Submit
Click Confirm to submit the request to a Newtek Bank specialist
For further assistance with Bill Pay, please contact us at 888-681-7238.
Due to exceptional demand, we have created a waiting list for our Personal High Yield Savings accounts while maintaining the rate structure and service to our thousands of existing, satisfied savings clients.
We look forward to servicing your needs. We would welcome and appreciate the opportunity to call you in the future, show you the Newtek Advantage, and service all your savings and depository needs.
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You’re on your way to better business banking
Simply fill out the form below, and one of our banking specialists will be in touch shortly to walk you through your application.
"*" indicates required fields
You’re on your way to better business banking
Simply fill out the form below, and one of our banking specialists will be in touch shortly to walk you through your application.
"*" indicates required fields
You’re on your way to better business banking
Simply fill out the form below, and one of our banking specialists will be in touch shortly to walk you through your application.
