Newtek BankReviews 

382
TrustScore 4.5 out of 5

4.6

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Review summary

Created with AI, based on recent reviews

Looking at 304 reviews, reviewers overwhelmingly had a great experience with this company. Customers consistently praise the staff for their helpfulness, patience, and extensive knowledge, making interactions pleasant and productive. Many people highlight the exceptional customer service, noting that representatives are professional, courteous, and efficient in resolving issues and guiding them through processes. The service provided is often described as excellent, with consumers appreciating the quick response times and the overall ease of their experience. However, some customers also noted issues with the user experience, finding the online banking platform clunky and the security systems challenging to navigate. A few other people also felt that communication was lacking, with unanswered emails and unfulfilled promises regarding follow-ups and application progress.

What people talk about most

Staff

Customers consistently report positive experiences with staff, highlighting their professionalism,... See more

Customer service

Reviewers highlight positive aspects of customer service, with many praising the fast, helpful, and efficient... See more

Service

Reviewers mention positive feedback about service, highlighting professionalism, efficiency, and excellent... See more

Response time

Customers consistently note positive experiences with response times, praising the quick and efficient... See more

User experience

Consumers find the user experience to be ambiguous, with many reporting it as clunky, slow, and limiting,... See more

Reviews shaping this summary

Rated 5 out of 5 stars

I love being a Newtek Customer. This bank is so easy to work with and they have an incredible number of services and they don't nickle and dime me. Working with the staff is so easy too, they are al... See more

Company replied

Rated 5 out of 5 stars

Ja’Kira was very helpful in sorting out our problems getting our account set up. We are an elderly couple and our problems stemmed from our difficulties with technology and memory lapses. On multiple... See more

Company replied

Rated 5 out of 5 stars

Agent Abdul did an outstanding job of patiently walking me through every step. There is no way I would have figured out how to do everything that I wanted to do with our new business account. Abdul ki... See more

Company replied

Rated 5 out of 5 stars

I'm 42, & this was the best transaction I've had with anything in need of financing. Daniel is the man. He was responsive, had great follow up, clear and concise with his communication, the list goe... See more

Company replied


4.6

Excellent

TrustScore 4.5 out of 5

382 reviews

5-star
4-star
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1-star

No history of asking for reviews

This company hasn't invited their customers, so reviews may not be representative

Replied to 84% of negative reviews

Typically replies within 2 weeks

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4.6

All reviews

(382)

301 reviews in the last 12 months

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Companies on Trustpilot aren't allowed to offer incentives or pay to hide reviews. Reviews are the opinions of individual users and not of Trustpilot. Read more

Rated 5 out of 5 stars

Great experience

Matthew was right on top of all of our communications and the approval process for our loan was timely and concise.

19 January 2026
Newtek Bank logo

Reply from Newtek Bank

Thank you for sharing your experience. Thank you for choosing Newtek Bank.

Rated 5 out of 5 stars

I had a great experience working with…

I had a great experience working with this bank. Since it was new to me, I wasn’t sure what to expect at first, but Alaina E. and her team were phenomenal. They were patient, answered all of my questions, and walked me through the process step by step. When I thought I might not be able to get a business loan, they helped me understand what was needed and I ended up getting funded.

I would definitely recommend this bank to other small business owners who want to grow. I’d suggest checking them out before going to the conventional big banks. They also offer a lot in-house, including payment/processing services, insurance, and other business services, which makes it convenient and can help save money. If you’re trying to build your brand and keep more of your costs under control, I’d start here.

23 February 2026
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Reply from Newtek Bank

Thank you for sharing your experience. We’re glad to hear Alaina and her team were able to guide you through the process and support your business goals.

Rated 5 out of 5 stars

I had a great experience working with…

I had a great experience working with Newtek Bank. Maisha and Aimee were absolutely wonderful to work with from start to finish. They were professional, responsive, and incredibly knowledgeable throughout the entire process.

They took the time to answer all of my questions, kept everything moving efficiently, and made what can sometimes be a complicated process feel smooth and straightforward. Their communication and attention to detail truly stood out.

I highly recommend Newtek Bank, and especially Maisha and Aimee, to anyone looking for a reliable and supportive banking team

20 February 2026
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Reply from Newtek Bank

Thank you for the recommendation. We’re pleased to hear that Maisha and Aimee provided professional and responsive support throughout the process.

Rated 5 out of 5 stars

Banking and investment options with an…

Banking and investment options with an easy, secure UI and knowledgeable, very efficient customer service. Shout out to Ja'Kira for specialized, cheerful assistance!

17 February 2026
Unprompted review
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Reply from Newtek Bank

Thank you for your review. We’re glad to hear you found our platform easy to use and that Ja’Kira was helpful.

Rated 5 out of 5 stars

All of my experiences with Newtek bank.

All of my experiences with Newtek bank have been 100% customer friendly. I am older and have a difficult time navigating the requirements for log in, etc. Whenever I had customer service on the phone, they were friendly, patient, and stayed with me until I completed my process and had full understanding of what I needed to. I have a CD maturing, but would definitely use the bank services again.
My latest experience with Ja'Kira was also 100% customer friendly. She responded to me promptly, explained the requirements in detail, and responded again promptly after I provided the information needed to transfer my CD at maturity. I am very impressed with customer service. My experiences with other banks have been total nightmares!
Thank you again for all the customer service agents who were wonderful and top notch.

19 February 2026
Unprompted review
Newtek Bank logo

Reply from Newtek Bank

Thank you for sharing your experience. We’re pleased to hear our team made the process easier.

Rated 1 out of 5 stars

Terrible experience. Avoid at all costs

One of the worst experience with little to no follow through. Officers at Newtek for SBA loan applications waited almost 1 month to get back to us despite repeated requests while never returning phone call or emails. They dismissed the loan application without follow up and exploring other options after spending a lot of time putting all the documents together. The bank hides behind its lack of physical presence. Avoid at all costs. Very frustrating and a lot of time wasted.

16 February 2026
Unprompted review
Newtek Bank logo

Reply from Newtek Bank

Thank you for your feedback. After your file was re-engaged, updated SBA eligibility guidelines went into effect, and as a result, the application no longer met current requirements. Unfortunately, we were also unable to offer an alternative financing option at this time. We understand how frustrating this outcome can be, especially when timing is important, and we sincerely apologize if any communication felt delayed. A manager will be reaching out directly to ensure your concerns are heard and to discuss your situation further.

Rated 5 out of 5 stars

Great customer service

I have worked with many of the employees from Newtek Bank and they are all professional and helpful, I recently worked with Ja'Kira and they followed up with a call and email to make sure everything went correctly folks like them make me think of Newtek when banking

18 February 2026
Unprompted review
Newtek Bank logo

Reply from Newtek Bank

Thank you for the kind review. We’re glad to hear Ja’Kira’s professionalism and follow-up made your experience a positive one.

Rated 5 out of 5 stars

Made changes easy

Contacted Newtek to make changes on my accounts. Katie was very helpful and answered my questions quickly and made it easy to make these changes. Would recommend Newtek for their competitive rates and great customer support.

16 February 2026
Unprompted review
Newtek Bank logo

Reply from Newtek Bank

Thank you for the recommendation. We’re pleased to hear that Katie made the process easy and provided helpful support.

Rated 4 out of 5 stars

Experience good with one caveat

Generally, my experience with Newtek and its representatives was good. The only inconvenience I experienced was when I went to transfer funds from my matured CD I had to make a formal request in writing, rather than have the ability to make the transfer totally online as other banks do.

12 February 2026
Unprompted review
Newtek Bank logo

Reply from Newtek Bank

Thank you for sharing your experience. We’re glad to hear our team was helpful and appreciate your feedback regarding the transfer process.

Rated 4 out of 5 stars

Ja’kira is great

A lot of calls had to be made because everyone kept telling me to check fir an update ever 5-7 business days. Tool a month and a half but once I was connected to Ja’kirs she resolved my manual account opening issue within a week. And she constantly followed up vis messages

26 January 2026
Unprompted review
Newtek Bank logo

Reply from Newtek Bank

Thank you for your review. We’re glad Ja’Kira was able to help.

Rated 5 out of 5 stars

Thank you Katie

I had a great experience. Katie was very helpful and answered all my questions clearly. She also responded very quick every time I reached out.

10 February 2026
Unprompted review
Newtek Bank logo

Reply from Newtek Bank

Thank you for the kind feedback. We’re pleased Katie was responsive and able to answer your questions clearly.

Rated 5 out of 5 stars

Highly recommend

I am extremely satisfied with my experience banking with Newtek Bank. Ja'Kira and their other service professionals I've interacted with have always been courteous, prompt and very helpful.

11 February 2026
Unprompted review
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Reply from Newtek Bank

We truly appreciate your recommendation and are glad our team has consistently provided courteous and helpful support.

Rated 5 out of 5 stars

I've been with the bank both high yield…

I've been with the bank both high yield and 6 month CD about a year now. Higher yields than any brick and mortar banks and straight forward with both accounts. At this time I can state that all is good, no worthwhile issues, and much better yields make the online experience worth it.

11 February 2025
Unprompted review
Newtek Bank logo

Reply from Newtek Bank

Thank you for your continued trust. We’re glad the yields and straightforward experience have met your expectations.

Rated 2 out of 5 stars

customer service is awful

I find the customer service not serving the customer

11 February 2026
Unprompted review
Newtek Bank logo

Reply from Newtek Bank

Hi Diane, thank you for reaching out. We’re sorry to hear you did not have a great customer experience. Can you please contact us at hello@newtekone.com so that we can connect with you to assist?

Rated 5 out of 5 stars

Thank you, Newtek Bank !

I have opened both high-yield savings and short-term CD accounts with Newtek Bank, and found their interest rates to be consistently high. Also, Newtek’s customer support has been exceptional – Katie and the entire Newtek contact center team have done a fantastic job answering both telephone calls and secure messages through their website. Thank you, Newtek Bank !

10 February 2026
Unprompted review
Newtek Bank logo

Reply from Newtek Bank

Thank you for sharing your experience. We’re glad to hear that the support from Katie and the contact center team made your experience a positive one.

Rated 1 out of 5 stars

"Warning

"Warning: Newtek Bank takes a massive amount of personal data and charges high fees, yet they use every possible excuse to deny your loan. It seems they are more interested in collecting fees than actually lending. Avoid them at all costs."

9 February 2026
Unprompted review
Newtek Bank logo

Reply from Newtek Bank

Thank you for sharing your feedback. We understand the lending process can feel detailed, but our underwriting is governed by regulatory requirements and established credit standards. If you would like us to review your experience, please contact us directly. We are committed to transparency throughout the client experience.

Rated 5 out of 5 stars

Excellent Services

Quick response from Ja'Kira for my questions. Professional customer services.
Competitive interest rate.

10 February 2026
Unprompted review
Newtek Bank logo

Reply from Newtek Bank

Thank you for the feedback. We’re glad you received quick, professional support.

Rated 5 out of 5 stars

CDs Maturing

I had a question and Katie was extremely helpful in guiding me to meet my objective.

It is a good institution to do business with.

9 February 2026
Unprompted review
Newtek Bank logo

Reply from Newtek Bank

Thank you for sharing your experience. We’re pleased Katie was able to guide you clearly and help you achieve your objective.

Rated 5 out of 5 stars

I received excellent support

I received excellent support from Ja’Kira Price in Digital Banking. She was patient, knowledgeable, and resolved my issue quickly. I appreciate her professionalism and the clarity she provided.

4 February 2026
Unprompted review
Newtek Bank logo

Reply from Newtek Bank

We appreciate your feedback and are glad Ja’Kira provided clear, patient, and effective assistance.

Rated 5 out of 5 stars

I am a new customer with Newtek Bank

I am a new customer with Newtek Bank. I am very particular who I do business with and I have several accounts with different companies. I have to say that my experience with Newtek Bank has been excellent!! If you are looking for a business to bank with look at Newtek Bank first. They have stellar customer service and interest rate!! Platinum service for sure!!!!

6 February 2026
Unprompted review
Newtek Bank logo

Reply from Newtek Bank

Thank you for the recommendation. We’re thrilled to hear your experience and service expectations have been met.

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