Newtek Bank is a digital banking institution offering financial solutions for businesses, operating since 1963.
Each model independently rates Newtek Bank on a 1–5 star scale.
Newtek Bank (formerly National Western Financial) has a long history dating back to 1963. It operates as an FDIC-insured digital bank focused on business banking. Acquired by Newtek Business Services in 2022, it offers competitive rates but is still building its digital banking reputation.
Newtek Bank is a well-established digital banking institution with a long history since 1963, offering financial solutions for businesses.
Newtek Bank, operating since 1963, offers digital banking solutions for businesses. While its long history suggests established trust and regulatory compliance expected of a bank, specific details on trading services, fees, and customer support channels are limited, leading to conservative ratings in those areas.
Newtek Bank, N.A. is a business-focused digital bank under NewtekOne, with roots to 1963. OCC‑regulated and FDIC‑insured, offering SMB banking and lending. Solid regulatory footing and history; products look competitive. Public reviews are limited, so sentiment data is modest.
Limited independent information available on Newtek Bank; scores reflect uncertainty around a niche digital business bank.
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Newtek Bank is rated 3.4 out of 5 (“Average”) on TrustRating, based on 5 independent AI model assessments. The TrustScore combines real customer reviews with AI models that independently assess trust, regulation, support and reputation signals. Always do your own research before making a purchase or investment.
TrustRating doesn't issue scam verdicts — we publish the data instead: Newtek Bank scores 3.4 out of 5 (“Average”) based on 5 independent AI model assessments. Every review passes TrustGuard, our fraud-screening system that blocks fake and paid reviews, so the score reflects genuine customer experience. Read the most recent reviews below before you decide.
Newtek Bank currently has a TrustScore of 3.4 out of 5 (“Average”). The score blends verified customer reviews with assessments from multiple independent AI models, and it updates automatically as new reviews and scans come in. You can read exactly how scores are computed on our methodology page.
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