Moon Banking

Newtek Bank

in the United States 🇺🇸

Newtek Bank in the United States is unranked. Only banks with at least 10 votes are ranked. Cast your votes now!
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About Newtek Bank in the United States

Newtek Bank is a national association chartered bank headquartered in Miami, Florida, operating as a pioneering digital-first financial institution with approximately $1.5 billion in total assets. The bank specializes in small and medium-sized business (SMB) lending, particularly through the U.S. Small Business Administration (SBA) 7(a) loan program, where it ranks as the second-largest SBA 7(a) lender in the United States. Operating without traditional branch offices, Newtek Bank leverages a sophisticated digital platform to serve business customers nationwide while maintaining exceptional profitability with a return on assets (ROA) of 3.10% and return on equity (ROE) of 28.45%.