about us

You have a vision for your business.
We have a solution for your needs.
"success together"
About NewBank
NewBank is a state chartered commercial bank founded in Sep. 29, 2006 by a group of successful Korean-American local businessmen, community leaders and professionals. The bank currently operates five (5) full services retail branch locations, two (2) in New York and three (3) in New Jersey. Our business objective has been mainly focused on supporting small business owners by providing optimal financial solutions through understanding their needs. As a result, we were able to grow, and continue to grow, in part because of the trust that our local community business owners have placed on us.
Our Mission
NewBank, an independent community bank, is dedicated to providing products and services, which satisfy the needs of our customers, stimulating economic growth in our community, enhancing the shareholders’ value, and encouraging professional success for our employees. 

NewBank’s mission is to be the leading local bank for small businesses and to achieve the reputation of providing the highest quality of financial solutions to our customers, so we can grow and achieve “success together.”
Our Belief
We take pride in our efforts to connect with the community under our core values of satisfaction, trust, community service and change. We find it very important to communicate with the locals and to be of service to those in need. We support and volunteer in many community events as part of our “Community Giving Back” program.
Our Achievements
We are a proud winner of the SBA Pinnacle Award, the highest award issued by the U.S. Small Business Administration, in New York the past six consecutive years for offering a beneficial selection of loan options to suit business needs. As a top SBA lender in New York, we are focused on providing the best financial support to local small businesses.
“Come be a part of the NewBank family and let us help you succeed.
Take the leap with us and succeed together.”
Milestones
Sep. 2006
Opened 1st location in Flushing, NY with 14 employees
Mar. 2009
Opened 2nd location in Fort Lee, NJ
Aug. 2010
Opened 3rd location in Closter, NJ
Sep. 2013
Awarded New York SBA Pinnacle Award
Jun. 2014
Nominated as Top Performing Bank by ICBA
Sep. 2014
2-time SBA Pinnacle Award Winner
Sep. 2015
Opened 4th location in Manhattan, NY
Sep. 2015
3-time SBA Pinnacle Award Winner
Jun. 2016
Awarded the 2016 Banky Award by The Institute of Extraordinary Banking
Sep. 2016
4-time SBA Pinnacle Award Winner
Nov. 2016
Opened 5th location in Hudson Lights Fort Lee, NJ
Sep. 2018
5-time SBA Pinnacle Award Winner
Nov. 2019
6th location in Bayside, NY will be open
NEWBANK