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BNB BANK IS THE #1 SBA LENDER IN NY AND NJ

NY, NJ, and PA Top 10 Lender Comparison By Amount

FY 2006 (10/1/05 – 9/30/06)

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New York

Rank Amount
  1 Bank of America  $51,909,300
  2 JP Morgan Chase 51,572.600
  3   HSBC Bank 44,270,600
  4 Commerce Bank 30,319,700
  5 CIT Small Business Lending 26,092,000
  6        BNB Bank 25,841,000
  7 Nara Bank 21,715,500
  8 Unity Bank 21,114,500
  9 Flushing Savings Bank 20,644,100
10 PNC Bank 17,707,100


New Jersey
Rank Amount
  1   Commerce Bank  $108,414,100
  2   PNC Bank 66,970,200
  3 NJ Business Finance   52,377,000
  4         BNB Bank 45,166,000
  5   Bank Of Amercica 27,314,200
  6   CIT Small Business Lending 25,787,900
  7   Unity Bank 21,114,500
  8   Sun National Bank 20,792,000
  9   Banco Popular 19,650,700
10   Valley National Bank 17,661,800


Pennsylvania
Rank Amount
  1   PNC Bank    $65,740,200
  2   Citizens Bank 31,449,600
  3 Commerce Bank 25,908,100
  4   National Penn Bank 17,753,500
  5   M & T Trust 17,629,300
  6   Unity Bank 16,993,000
  7   CIT Small Business Lending 15,955,000
  8   Susquehanna Bank PA 10,003,700
  9   Sovereign Bank 9,466,600
10         BNB Bank 6,683,000
 
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 BNB Bank has no branches or other offices located outside of New Jersey and New York City.
We are not affiliated with any similarly named banks located elsewhere. Please review our locations on this website.

CHANGES IN FDIC COVERAGE

NOTICE OF EXPIRATION OF THE TEMPORARY FULL FDIC INSURANCE COVERAGE FOR NONINTEREST-BEARING TRANSACTION ACCOUNTS

By operation of federal law, beginning January 1, 2013, funds deposited in a noninterest-bearing transaction account (including an Interest on Lawyer Trust Account) no longer will receive unlimited deposit insurance coverage by the Federal Deposit Insurance Corporation (FDIC). Beginning January 1, 2013, all of a depositor's accounts at an insured depository institution, including all noninterest-bearing transaction accounts, will be insured by the FDIC up to the standard maximum deposit insurance amount ($250,000), for each deposit insurance ownership category. For more information about FDIC insurance coverage of noninterest-bearing transaction accounts, visit www.fdic.gov/deposit/deposits/unlimited/expiration.html.

For more Information about FDIC coverage, Please visit www.fdic.gov.

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