Newtek BankReviews 

Everyone at Newtek has been amazing, from start to finish, they are a one stop shop for all business needs, even after funding you are still taken care of. If you are looking for a lender look no where else. Special shout out to loan servicer Jeny!

Great bank and people at this bank are awesome!

Special callout and huge thanks to Katie who was very prompt, professional and helped me immensely getting my new account set up.

AM

Contacted Newtek Bank Michael Mann corrected the problem quickly
Thank you

Katie Houston helped me a lot in retrieving a written record of account information about ownership and beneficiary status of my accounts, a feature that Newtek's online system does not offer. Although I was frustrated when I first contacted her, she was prompt and explained the situation and intervened so I could get what I needed right away.

I want to share my experience as honestly as possible.
My SBA 7a loan process was originally supposed to be completed back in January, but unfortunately, it was severely delayed due to Michael Madison. I was repeatedly told that everything was “in the works,” when in reality, my documents had never even been submitted. I waited for months with little to no communication, which was incredibly frustrating and disruptive to my plans.

Things completely turned around when I connected with Jenny Milosevic. She was truly exceptional—professional, responsive, and proactive. Jenny quickly assessed the situation, reassured me, and connected me with the right team. Thanks to her efforts, my loan was approved in less than two weeks—something that hadn’t been accomplished in over three months prior.

Jenny introduced me to Beau Williamson, who handled the process flawlessly from the very beginning. He was organized, efficient, and always on top of things. I was also fortunate to work with Catherine Garcia, the closer, who was equally outstanding. She ensured every document was accurate and submitted on time, and maintained consistent communication via calls, texts, and emails to make sure I fully understood each step.

Jenny, Beau, and Catherine made an incredible team, and they are absolutely the people I would recommend working with moving forward. A special shout-out to Jenny for stepping in when things went wrong—she not only fixed the situation but also brought a sense of calm and confidence when I needed it most.

I had the pleasure of speaking with Michael Mann today regarding wire transfers. He was incredibly competent, informative, patient when I did not understand a particular detail, and followed through with timely precision. In a world filled with AI irritation and poorly trained customer service reps, Mr. Mann is the delightful exception!

Michael Mann at Newtek Bank provided us amazing customer service. Helpful, knowledgeable, and patient. Quick to understand the issues and even quicker to solve them. Lots of smaller banks that are offering great high yield savings and CD rates do not have great customer service. Michael shows that Newtek is different. Thanks again Michael.

Jordan customer service excellence

I had a lot of questions on securing an SBA Loan, this was all new territory for me. The staff helped me all through the process!

Ja'Kira was great. Prompt, professional, and super nice.

Excellent Banking Experience!

As a customer of Newtek Bank, I have found their staff to be knowledgeable, efficient, and friendly! I recently had interaction with Ja'Kira (employee at Newtek Bank). She provided outstanding customer service and was very prompt in replying to my inquiries. Newtek Bank offers very competitive CD rates, if not better than most, and provides outstanding customer service.

I have so far only the great expirience with NewTech Bank. Investing some money in this bank for a while and very satisfied with this bank. Better rates than other banks are offering for my needs, simple navigation thrue bank's webpage, great, knowlegable and friendly customer service reps (my latest great help was Ms. Ja'Kira), quick responce to the messages.

I've been banking with Newtek since Jan 2026. My experience with Newtek can be summed up with a few words, clunky, slow, and limiting. What first drew me to Newtek was its high APY HYSA with no requirements to fill and the least customer complaints, but I guess I fall to the complaint side. Why? 1) You only get only one external account to transfer to, where at other banks, I get way more linking. I work with many banks, so this is limiting. 2) I wanted to change my one external account to my primary bank. I had to wait till April to have "sufficient history" with Newtek. Fine, new customer limitations, I get it. I linked my banks to Newtek instead of waiting for the other way around. And finally, 3) clunky. Pulling funds from Newtek 4-5 days, longer than my other banks pulling funds from others banks. So as long as I don't need my money right away, and the APY stays competitive, I'll stay. But I'm already exploring other options in case I have another clunky experience.

Very pleasant conversation with Ja'Kira. I don't have a lot of experience with the Newtek Bank, but so far all seems to be very good. Ja'Kira, specifically, was knowledgeable, intelligent and easy to understand. She showed great attention to details and quickly offered a good plan for what I was trying to accomplish.

It is very easy to communicate with the customer support team and receive timely responses. Additionally, I am very pleased with their savings and CD rates.

I was trying to continue the process of signing up for a new account. I had stopped in the middle of the process and when I tried to continue today, it would not accept my login information. I contacted customer service and Ja’Kira was extremely helpful in resolving the problem. I look forward to future transactions with Newtek Bank.

I had specific need at the end of my CD maturity and call customer support to ask how to managed steps. Rep clear about steps and how to. I completed the steps and received confirmation on the actions newtek would be taking from Ja'Kira very timely. Overall very happy with Newtek support team.

I have been trying for weeks to open an account for my husband as they offer the best CD rates. However the website was VERY difficult to navigate and his application was rejected multiple times for errors in the application. I finally got Rei Rhodes, an after hours support agent. She stayed with me through the entire process advising me what was considered primary and secondary ID, also a utility bill was needed to verify address. The website NEVER specified that. She was kind, patient and so knowledgeable, also showing me how to cancel an online transfer I needed to cancel. She is a real asset to Newtek bank. I just hope my husbands application is approved without further delay. Getting him to Newtek has been a very stressful process.

Ja'Kira and Amber were both super helpful and responsive! Thank you for helping me with my login and my CD!