Newtek Bank Reviews 371

TrustScore 4.5 out of 5

4.6

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Review summary

Created with AI, based on recent reviews

Looking at 300 reviews, reviewers overwhelmingly had a great experience with this company. Customers frequently highlight the staff's helpfulness, patience, and extensive knowledge in resolving issues and setting up accounts. The customer service is consistently praised for being excellent, with many appreciating the prompt and thorough responses, as well as the personalized and understanding approach. People often describe the overall service as efficient and reliable, noting the quick response times and smooth processes for various banking needs. However, some customers also noted issues with payment processes, specifically regarding the clarity of renewal rates for CDs, difficulties in switching terms, or cashing out. A few other people also felt that the process for withdrawing savings was inconvenient, requiring multiple days due to withdrawal limits and advanced scheduling.

What people talk about most

Staff

Reviewers highlight positive aspects of staff, consistently praising their knowledge, efficiency, and... See more

Customer service

Consumers find customer service to be positive, with many praising the helpfulness and efficiency of... See more

Service

Reviewers mention positive feedback about service, with many describing their experiences as excellent and... See more

Response time

Users describe positive interactions with response times, with many praising the quick and timely responses... See more

Payment

Clients share ambiguous opinions on payment, with some finding the process super easy for tasks like funding... See more

Reviews shaping this summary

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

So far, so good. I was corresponding with Michael Mann, who answered all my questions promptly and thoroughly, and helped me with a few concerns I had upon setting up our new account. I do wish the tr... See more

Company replied

Rated 5 out of 5 stars

Katie was very helpful in changing my matured cd into a new one with a different maturity and rate. She took her time and answered my questions and helped me do what I needed to do in your website.... See more

Company replied

Rated 5 out of 5 stars

I'll admit that the User Interface at Newtek isn't ideal - unlike with other CD servicers I've used, it isn't clear within my account how I might review renewal rates applicable to my CD or where (o... See more

Company replied


4.6

Excellent

TrustScore 4.5 out of 5

371 reviews

5-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 87% of negative reviews

Typically replies within 2 weeks

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Rated 5 out of 5 stars

Kimberly was fantastic

Kimberly was fantastic. Dealing with me, she had the patience of a Saint. What a pleasurable experience. Such a nice person.

December 17, 2025
Unprompted review
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Reply from Newtek Bank

Thank you for your feedback. We’re happy Kimberly made the process easy to understand!

Rated 5 out of 5 stars

As a Newbe to this sort of savings…

As a Newbe to this sort of savings etc...Kimberly was more than kind and walked me through everything I needed. Great Experience. She was extremely efficient.

December 17, 2025
Unprompted review
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Reply from Newtek Bank

Thank you for sharing! We’re glad Kimberly made the process easy to understand and ensured a great first experience.

Rated 5 out of 5 stars

Katie was very knowledgeable and…

Katie was very knowledgeable and professional, helped me to understand requirements and complete transactions.

December 8, 2025
Unprompted review
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Reply from Newtek Bank

We’re happy to hear Katie provided clear, professional assistance. Thank you for taking the time to share your experience.

Rated 5 out of 5 stars

Second Time Around

I recently opened a CD with Newtek Bank for the second time, and once again, Michael Mann made the process seamless. He is responsive, knowledgeable, and incredibly efficient, explaining each step clearly and following through exactly as promised.
What stands out most is Michael’s professionalism paired with genuine care. Opening a CD can feel transactional, but he takes the time to ensure everything is handled correctly and that you feel confident in your decision. That level of consistency is why I returned to Newtek Bank and why I would not hesitate to work with him again.
If you’re considering a CD with Newtek Bank, Michael Mann is someone you want handling it.

December 16, 2025
Unprompted review
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Reply from Newtek Bank

Thank you for your feedback! We’re happy to hear Michael continues to deliver the consistency, professionalism, and care you value.

Rated 5 out of 5 stars

Customer Service that Advocates

I really appreciate the level of customer service. I worked with Michael Mann to handle a request for my CD. Michael was clear, patient, and advocated for my needs.

December 15, 2025
Unprompted review
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Reply from Newtek Bank

We’re glad Michael was able to provide clear, supportive guidance. Thank you for the feedback.

Rated 5 out of 5 stars

Ja’Kira was the extremely helpful and…

Ja’Kira was the extremely helpful and patient in resolving my technical issues. From start to finish the process took over a week and she made sure to follow the process through completion and reach back out with information as it came available. Great job 👏 from a frustrated customer. 🥰

December 15, 2025
Unprompted review
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Reply from Newtek Bank

Thank you for sharing this experience. We’re glad Ja’Kira supported you every step of the way.

Rated 1 out of 5 stars

I can't get my money out!

I have a 6 month CD that came due 12/5/25, and immediately requested the CD be closed and the funds deposited to my local bank. They said it takes up to four business days, yet we are on day six and I still don't have my money, nor does the bank have any answers.

December 5, 2025
Unprompted review
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Reply from Newtek Bank

We are reaching out to you privately. Please look for an email from NetwekBank.com.

Rated 5 out of 5 stars

Went on the online banking website

Went on the online banking website, waited a few minutes, then got an immediate call as I selected. Within a few minutes, by providing all relevant info, the customer responder transferred the full amount from my matured CD into my designated external bank. They are really helpful, highly recommend Newtek Bank due to fast service, immediate results, and willing to listen to questions from customers.

December 11, 2025
Unprompted review
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Reply from Newtek Bank

Thank you for your review. We’re glad our team was able to act quickly and ensure your funds were transferred smoothly.

Rated 5 out of 5 stars

I needed to effect a transfer from my…

I needed to effect a transfer from my Newtek savings asap. Kimberly was very helpful in advising me how to get this done. She was knowledgeable , patient, kind and I very much appreciate her service today. Kudos to her and I hope Newtek has many more employees with her same expertise and understanding

December 12, 2025
Unprompted review
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Reply from Newtek Bank

We’re pleased to hear Kimberly was able to guide you through the transfer with care and clarity. Thank you for the review!

Rated 5 out of 5 stars

Mark S.

Mark S., a bank help expert, was extremely helpful, patient and kind with me as I've had difficulty with all the security, pass code and pass ID requirements. He ensured everything was to my approval before disconnecting. I really appreciate his customer support.

December 12, 2025
Unprompted review
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Reply from Newtek Bank

Thank you for sharing your experience. We’re glad Mark was able to help you today.

Rated 5 out of 5 stars

Mark S

Mark S. was terrific and helped me get back into my account after I was locked out. I appreciate the great service.

Dave M

December 12, 2025
Unprompted review
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Reply from Newtek Bank

We’re happy Mark was able to assist you and get you back into your account quickly. Thank you for your review.

Rated 5 out of 5 stars

Yessica helped me with everything and…

Yessica helped me with everything and setting up my account! I’m really looking forward to earning money thank you so much!

December 12, 2025
Unprompted review
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Reply from Newtek Bank

Thank you for the feedback! We’re glad Yessica was able to help you get set up and started with confidence.

Rated 5 out of 5 stars

Yessica is incredibly patient

Yessica is incredibly patient, knowledgeable, and helpful. I couldn’t recommend more. 10/10

December 12, 2025
Unprompted review
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Reply from Newtek Bank

We appreciate your review. We’re glad Yessica was able to assist you.

Rated 5 out of 5 stars

Ja'Kira js amazing!

Ja'Kira was very knowledgeable. She made me feel like a buddy, not just a customer. She deserves access to the options she was unable to utilize and a salary increase. She also has a soothing voice that made me want to keep talking! I hope Newtek Bank appreciates Ja'Kiras dedication.

December 10, 2025
Unprompted review
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Reply from Newtek Bank

Thank you for the thoughtful review and sharing your feedback.

Rated 5 out of 5 stars

i had a CD that matured that i needed…

i had a CD that matured that i needed to cash so asked for help in chat -- Ja'Kira helped me -- answered ALL questions and offered knowledgeable guidance, all i needed to know and did it incredibly fast -- thanks Ja'Kira

December 11, 2025
Unprompted review
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Reply from Newtek Bank

We’re glad Ja’Kira was able to provide fast, knowledgeable guidance and answer all your questions. Thank you for sharing your feedback.

Rated 5 out of 5 stars

Opening the account was very easy

Opening the account was very easy, Mark S followed up with a small problem I had and resolved it.

December 8, 2025
Unprompted review
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Reply from Newtek Bank

Thank you for sharing. We’re happy to hear Mark was able to resolve the issue quickly and ensure everything went smoothly.

Rated 5 out of 5 stars

Katie Houston was great

Katie Houston was great! She helped me along adding my wife to my account. So far everything seems to be going well.

December 5, 2025
Unprompted review
Newtek Bank logo

Reply from Newtek Bank

Thank you for your feedback. We’re happy to hear Katie was able to assist you and make the process seamless.

Rated 5 out of 5 stars

Great customer service

I'll admit that the User Interface at Newtek isn't ideal - unlike with other CD servicers I've used, it isn't clear within my account how I might review renewal rates applicable to my CD or where (or how) I might switch CD terms or even cash out.

That said, when I went to chat with an agent, it immediately connected me not with an AI chatbot, but with a real human. Ja'Kira was a pleasure to chat with and quickly answered all of my questions to my satisfaction. The UI might fall a bit short, but the customer service certainly does not.

December 9, 2025
Unprompted review
Newtek Bank logo

Reply from Newtek Bank

We appreciate your feedback. We’re glad Ja’Kira was able to step in and provide the support you needed.

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