About
NewBank is a state chartered commercial bank founded in Sep. 29, 2006 by a group of successful Korean-American local businessmen, community leaders and professionals. The bank currently operates six (6) full services retail branch locations, three (3) in New York and three (3) in New Jersey. Our business objective has been mainly focused on supporting small business owners by providing optimal financial solutions through understanding their needs. As a result, we were able to grow, and continue to grow, in part because of the trust that our local community business owners have placed on us.
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New York | Retail | PPSF: $1560
04/06/2026
Focus
Office
Loan
Markets
Headquarters
146-01 Northern Blvd Flushing NY 11354
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FAQs
NewBank has financed 4 deals.
NewBank's most recent deal was on April 05, 2026.
NewBank's largest deals include a loan of $7,600,000.00 for 42-76 Main Street.
Member since: October 2023
Deals
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FINANCED
Jaspal Singh Minhas Secures $2,310,000 Loan For Retail Acquisition At 18-84 Flushing Avenue
$1,560/SF
18-84 Flushing Avenue, Ridgewood, NY
NYCRE
Apr 5, 2026
FINANCED
Good Fortune Realty Of New York Refinances $7.6M Loan For Commercial Condo In Flushing
42-76 Main Street, Flushing, NY
NYCRE
Jul 31, 2024
FINANCED
Jose R. Medina Secures $6.8 Million Refinance Loan From NewBank For Mixed-Use Building In Bronx
$134/SF
250 Willis Avenue, Bronx, NY
NYCRE
Jun 20, 2024
FINANCED
Bayside Ram Realty Secures $5.6M Refinance Loan For Two Office Properties In Queens
$195/SF
214-23 42nd Avenue, Bayside, NY
NYCRE
Oct 25, 2023