Newtek Bank, N.A. and Apiture have been recognized for Most Effective Bank-FinTech Partnership in the IBSi Global FinTech Innovation Awards 2024. Newtek Bank achieved remarkable deposit growth in 2023, adding approximately 5,000 depository accounts and growing deposits from $140 million to $460 million. During 2024, Newtek Bank’s total deposits have grown to $928 million through November 30, 2024, which represents a 563% increase from $140 million in deposits at the inception of Newtek Bank.