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
4-star
3-star
2-star
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 1 out of 5 stars

Very disappointing experience working…

Very disappointing experience working with Newtek Bank and loan specialist Angel Stuckman along with her team, Jonathan Ripley and Cristian Torres.

We were initially pre-qualified and promised a fast closing, which is why we decided to move forward with the process. From the very beginning, we clearly explained that we were not interested in any loan requiring personal real estate collateral. Despite that, we spent weeks submitting documents, answering repeated requests, restarting applications, and constantly following up with very little communication.

What made the experience even more frustrating is that after all the time, paperwork, and back-and-forth, our application never even made it to underwriting. Emails regularly went unanswered, promised follow-ups never happened, and we were repeatedly told things would be sent or updated only for nothing to happen.

As business owners, we understand lending takes time, but basic communication, transparency, and professionalism should still be expected. Unfortunately, that was not our experience, and a significant amount of our valuable time was wasted.

Very frustrating and disappointing overall.

May 18, 2026
Unprompted review
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Reply from Newtek Bank

Thank you for your feedback. We’d welcome the opportunity to review your experience in more detail. Please contact our team directly to discuss your concerns.

Rated 5 out of 5 stars

Enjolie Robinson has shown outstanding…

Enjolie Robinson has shown outstanding client support. She is very attentive with our needs and show exceptional core values. I love working with her and hope to keep her as our rep for the future.

May 8, 2026
Unprompted review
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Reply from Newtek Bank

Thank you for your feedback and for choosing NewtekBank!

Trustpilot is assessing this review in accordance with our flagging process.

Rated 5 out of 5 stars

Designating a beneficiary

Ja'Kira made designating a beneficiary very easy. She told me what information was required, I sent that, and it was done.

May 10, 2026
Unprompted review
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Reply from Newtek Bank

Thank you for your feedback. We’re proud to provide consistent communication and strong client support.

Rated 5 out of 5 stars

Amber Marshall was cordial

Amber Marshall was cordial, efficient and knowledgeable. Got the Job done with empathetic efficiency. Thanks for encouraging her style of customer service. She's a keeper.

May 9, 2026
Unprompted review
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Reply from Newtek Bank

Thank you for your review and for choosing NewtekBank.

Rated 5 out of 5 stars

Ja'Kira was prompt and courteous in…

Ja'Kira was prompt and courteous in answering my question. With my permission, she was able to show me where to find whatbI needed on the website. Very cool and efficient use of technology. No guessing what she meant. Great customer service so far.

May 9, 2026
Unprompted review
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Reply from Newtek Bank

Thank you for the review. We’re happy to hear you had an excellent experience with Newtek.

Rated 5 out of 5 stars

Thank you

I requested an action to be added to my accounts.
Ja'Kira handled it within the hour.

May 8, 2026
Unprompted review
Newtek Bank logo

Reply from Newtek Bank

Thank you for your support. We’re glad our team was able to assist you.

Rated 5 out of 5 stars

Gina Lomuto did an amazing job helping…

Gina Lomuto did an amazing job helping me get logged into my account for the first time. She made it simple and easy and talked me through each stepped. I'm very happy with the service she provided me today.

May 6, 2026
Unprompted review
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Reply from Newtek Bank

Thank you for your kind feedback. We're happy our team was able to provide you with excellent service.

Rated 5 out of 5 stars

Everyone at Newtek has been amazing

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!

May 4, 2026
Unprompted review
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Reply from Newtek Bank

Thank you for your review. We’re glad our team supported you throughout the process.

Rated 5 out of 5 stars

Great bank and people at this bank are…

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

May 1, 2026
Unprompted review
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Reply from Newtek Bank

Thank you for your review. We’re glad Katie provided prompt and professional assistance.

Rated 5 out of 5 stars

with holding

Contacted Newtek Bank Michael Mann corrected the problem quickly
Thank you

April 30, 2026
Unprompted review
Newtek Bank logo

Reply from Newtek Bank

Thank you for your feedback and for choosing Newtek.

Rated 5 out of 5 stars

Katie Houston helped me a lot in…

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.

May 1, 2026
Unprompted review
Newtek Bank logo

Reply from Newtek Bank

Thank you for your review. We’re glad Katie provided prompt and helpful support.

Rated 5 out of 5 stars

I want to share my experience as…

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.

April 30, 2026
Unprompted review
Newtek Bank logo

Reply from Newtek Bank

Thank you for your feedback. We’re happy our team was able to support you through the process.

Rated 5 out of 5 stars

Complimenting Michael Mann

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!

April 29, 2026
Unprompted review
Newtek Bank logo

Reply from Newtek Bank

Thank you for your feedback and for choosing Newtek.

Rated 5 out of 5 stars

Michael Mann at Newtek Bank provided us…

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.

April 29, 2026
Unprompted review
Newtek Bank logo

Reply from Newtek Bank

Thank you for your feedback. We’re glad Michael Mann provided helpful and efficient support.

Rated 5 out of 5 stars

Securing an SBA Loan

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!

April 28, 2026
Newtek Bank logo

Reply from Newtek Bank

Thank you for your feedback. We’re glad our team supported you throughout the loan process.

Rated 5 out of 5 stars

Ja'Kira was great

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

April 28, 2026
Unprompted review
Newtek Bank logo

Reply from Newtek Bank

Thank you for your review. We’re glad Ja'Kira provided prompt and professional support.

Rated 5 out of 5 stars

Excellent Banking Experience!

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.

April 28, 2026
Unprompted review
Newtek Bank logo

Reply from Newtek Bank

Thank you for your feedback and for choosing Newtek.

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