NewtekOne and its bank subsidiary, Newtek Bank, hired Jennifer Merritt as chief operating officer of digital banking operations. Merritt joined Newtek Bank with more than a decade of banking experience with specific focuses on digital banking and banking product development. Most recently, Merritt was senior vice president and strategic operations lead at Live Oak Bank. read more
NOV 30, 2023 - 6:52 am
Newtek Business Services received conditional approval from Office of the Comptroller of the Currency (OCC) to complete its acquisition of the National Bank of New York City (NBNYC). read more
DEC 5, 2022 - 7:01 am
Newtek Business Services, an internally managed business development company, entered into an agreement to acquire National Bank of New York City for $20 million in cash. The acquisition is part of a plan to reposition Newtek as a bank holding company. read more
AUG 3, 2021 - 6:47 am
Newtek Business Services signed a letter of intent for a proposed $75 million senior secured revolving credit facility through Capital One. read more
MAR 30, 2018 - 6:53 am