Organization

BNB Bank, National Association (formerly Broadway National Bank) was organized by a group of small-businessmen who saw the need for a locally owned financial institution to serve the ever increasing population of importers and wholesalers who had located along Broadway, south of midtown Manhattan. The bank was chartered by the Comptroller of the Currency of the United States and opened for business on September 16, 1986. The first banking office was located on Broadway, between 27th and 28th Streets.


Expansion

The bank remained headquartered in New York City until 2003, when it relocated its Main Office to Fort Lee,
New Jersey.

BNB has three other full-service offices:
2024 Center Avenue in Fort Lee, New Jersey
250 Fifth Avenue, corner of 28th Street in Manhattan
136 Broad Avenue in Palisades Park, New Jersey

BNB operates five BNB Loan Center offices:
Flushing, New York
Parsippany, New Jersey
Edison, New Jersey
Cherry Hill, New Jersey
Elkins Park, Pennsylvania


Lending

BNB is a well known lender, primarily originating Commercial Mortgage Loans. Since 1993, the bank has specialized in US Government Small Business Administration lending. By 1995, BNB was established as one of the finest SBA lenders in both New York and New Jersey. Soon after, the bank was awarded Preferred Lender status, which empowered BNB to approve loans on behalf of the SBA. The partnership between BNB and the SBA has been instrumental to the bank’s success and SBA Lending has become the product line for which the bank is best known.

Since establishing itself as an SBA lender, BNB has approved over $500 million in loans to approximately over 2000 small businesses in New York, New Jersey, Pennsylvania, Connecticut, Maryland and Delaware and has created thousands of jobs in those states.

Since 2001, BNB has been recognized each year by both the New Jersey and New York districts of the SBA, as the
#1 small bank SBA Lender in those states. In 2006, BNB Bank ranked 29th in the nation in SBA Loan production, out of more than 3,000 SBA lenders in the United States. These are accomplishments of which we are truly very proud.


Looking forward

BNB has continuously reached new levels of growth and profitability. It is the mission of our management team to
continue these trends, while delivering the best of products and services to the markets we serve. We plan to expand
our physical presence through the establishment of Loan Centers in Southern New Jersey, Delaware, Northeastern Pennsylvania and Connecticut in the very near future.