Newtek Bank, N.A. Hires Chief Operating Officer of Digital Banking Operations
28 Novembro 2023 - 10:30AM
NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT), today announced
that its bank subsidiary, Newtek Bank, N.A., has hired Ms. Jennifer
Merritt as Chief Operating Officer of digital banking operations,
effective November 27, 2023.
Ms. Merritt comes to Newtek Bank with over a decade of banking
experience with specific focuses on digital banking and
banking-product development. Most recently, Jennifer was Senior
Vice President, Strategic Operations Lead at Live Oak Bank, where
she co-created a strategic operations team, focused on improving
operational efficiencies. In addition, she was a business leader
and subject-matter expert for the building of an integrated digital
online banking platform with digital account opening and online
banking solutions and software. Jennifer has also managed deposit
operations, customer service initiatives, and ensured regulatory
compliance. Earlier in her career, Jennifer held
management and staff positions in both front-office and back-office
operations at First Bank and Wells Fargo. Jennifer holds a B.S. in
Business Administration with a concentration in Marketing from the
University of North Carolina, Wilmington, and is a NACHA Accredited
Payments Risk Professional (APRP), and North Carolina School of
Banking Graduate.
Barry Sloane, Chairman, President and Chief Executive Officer
said, “We couldn’t be more pleased to announce the acquisition of
Jennifer Merritt’s talents for the role of Chief Operating Officer
of digital banking operations at Newtek Bank. We
believe that with Jennifer’s leadership, the success that Newtek
Bank has experienced raising deposits, primarily through consumer
high-yield savings and time-deposit opportunities, will transform
into more and lower-cost transactional depository accounts. During
Jennifer’s long, successful career in banking, she has demonstrated
that she can be instrumental in developing an online banking
platform with digital account opening, and online banking solutions
and software, using the same core operating system and software
platforms we are using at Newtek Bank. We plan on continuing to
grow the talent pool at Newtek Bank in order to provide our
commercial banking clients with best-in-class service and through
the Newtek Advantage®.”
Mr. Sloane continued, “As we have said, we believe that in 2024
we will continue to grow our commercial bank deposits from
independent business owners, utilizing the advanced technology and
transactional software that we have acquired and developed. This
will enable us to begin to reduce our cost of funds and diversify
our depository accounts into lower-cost transaction-oriented,
commercial clientele. We strongly believe that our existing
merchant service and payroll clients will be able to take advantage
of services like instant funding for payment processing clients and
a more integrated approach to payroll processing through the Newtek
Advantage® by establishing a depository relationship. We look
forward to discussing these strategic initiatives in greater detail
on our upcoming conference calls and delivering metrics throughout
2024.”
About NewtekOne, Inc.
NewtekOne®, Your Business Solutions Company®, is a financial
holding company, which along with its bank and non-bank
consolidated subsidiaries, (collectively, “NewtekOne”), provides a
wide range of business and financial solutions under the Newtek®
brand to the small- and medium-sized business (“SMB”)
market. Since 1999, NewtekOne has provided state-of-the-art,
cost-efficient products and services and efficient business
strategies to SMB relationships across all 50 states to help them
grow their sales, control their expenses and reduce their risk.
NewtekOne’s and its subsidiaries’ business and financial
solutions include: banking (Newtek Bank, N.A.), Business Lending,
SBA Lending Solutions, Electronic Payment Processing, Technology
Solutions (Cloud Computing, Data Backup, Storage and Retrieval, IT
Consulting), eCommerce, Accounts Receivable Financing &
Inventory Financing, Insurance Solutions, Web Services, and Payroll
and Benefits Solutions.
Newtek®, NewtekOne®, Newtek Bank®, National
Association, Your Business Solutions Company® and One Solution for
All Your Business Needs® are registered trademarks of NewtekOne,
Inc.
Note Regarding Forward-Looking
Statements
Certain statements in this press release are
“forward-looking statements” within the meaning of the rules and
regulations of the Private Securities Litigation and Reform Act of
1995. These statements are based on management’s current
expectations and are subject to uncertainty and changes in
circumstances. These statements are not guarantees of future
results or occurrences. Actual results may differ materially from
those included in these statements due to a variety of factors.
Factors that could cause NewtekOne, Inc’s actual results to differ
materially from those described in the forward-looking statements
can be found in NewtekOne, Inc.’s Annual Report on Form 10-K for
the year ended December 31, 2022 and subsequent filings filed with
the Securities and Exchange Commission available on NewtekOne’s
website (https://investor.newtekbusinessservices.com/sec-filings),
and on the Securities and Exchange Commission’s website
(www.sec.gov). Any forward-looking statements made by or on behalf
of NewtekOne, Inc. speak only as to the date they are made, and
NewtekOne, Inc. does not undertake to update forward-looking
statements to reflect the impact of circumstances or events that
arise after the date the forward-looking statements were made.
SOURCE: NewtekOne, Inc.
Investor Relations & Public
RelationsContact: Jayne Cavuoto Telephone: (212) 273-8179
/ jcavuoto@newtekone.com
NewtekOne (NASDAQ:NEWT)
Gráfico Histórico do Ativo
De Ago 2024 até Set 2024
NewtekOne (NASDAQ:NEWT)
Gráfico Histórico do Ativo
De Set 2023 até Set 2024