You have a vision for your business.
We have a solution for your needs.
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 six (6) full services retail branch locations, three (3) 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.
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.”
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.
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.”
Opened 1st location in Flushing, NY with 14 employees
Opened 2nd location in Fort Lee, NJ
Opened 3rd location in Closter, NJ
Awarded New York SBA Pinnacle Award
Nominated as Top Performing Bank by ICBA
2-time SBA Pinnacle Award Winner
Opened 4th location in Manhattan, NY
3-time SBA Pinnacle Award Winner
Awarded the 2016 Banky Award by The Institute of Extraordinary Banking
4-time SBA Pinnacle Award Winner
Opened 5th location in Hudson Lights Fort Lee, NJ
5-time SBA Pinnacle Award Winner
6-Time Pinnacle Award Winner
Opened 6th location in Bayside NY
7-Time Pinnacle Award Winner