Workflow
Business and consumer deposit accounts
icon
Search documents
Newtek Bank Receives Awards for Lending Capabilities and for Deposit Accounts
Globenewswire· 2026-02-17 13:30
Core Insights - NewtekOne, Inc. is recognized for its lending capabilities and deposit account offerings through its bank subsidiary, Newtek Bank, N.A. [1] - The company has transitioned its SBA lending operations into the bank, enhancing its financial solutions with a full suite of deposit products [2] - Newtek Bank received accolades as "SBA Bank Lender of the Year" from The Coleman Report and "Best Savings Account 2026" from NerdWallet [7] Company Overview - NewtekOne is a financial holding company that provides a wide range of business and financial solutions to independent business owners across the United States [3] - The company has been operational since 1999, offering cost-efficient products and services to help businesses grow, control expenses, and reduce risks [3] Product and Service Offerings - NewtekOne's solutions include banking, business lending, SBA lending solutions, electronic payment processing, accounts receivable financing, inventory financing, insurance solutions, and payroll and benefits solutions [4] - The company also provides technology solutions such as cloud computing, data backup, storage and retrieval, IT consulting, and web services through its subsidiary Intelligent Protection Management Corp. [4]