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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 2007 (10/1/06 – 9/30/07)

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New York

Rank Amount
  1 JP Morgan Chase Bank  $80,147,600
  2 Bank of America 38,431,200
  3          BNB Bank 36,280,000
  4 Commerce Bank 29,248,500
  5 Citi Bank 22,345,800
  6 Banco Popular 19,467,200
  7 Flushing Savings Bank 15,636,000
  8 Nara Bank 13,482,000
  9 Home Loan Investment Bank 13,275,000
10 M & T Trust 12,864,000


New Jersey

Rank Amount
  1   Commerce Bank  $90,128,400
  2   PNC Bank 43,504,900
  3        BNB Bank   39,393,000
  4   Unity Bank 30,176,000
  5   Sun National Bank 21,926,600
  6   Bank of America 18,060,300
  7   The Bank 14,886,400
  8   Banco Popular 14,667,900
  9   Wachovia Bank 14,317,800
10   JP Morgan Chase Bank 13,213,200


Pennsylvania

Rank Amount
  1   PNC Bank    $39,246,500
  2         BNB Bank 22,563,000
  3 National Penn Bank 18,338,500
  4   M&T Trust Company 18,333,300
  5   Commerce Bank 18,296,300
  6   Wachovia Bank 15,495,400
  7   Citizens Bank 14,409,300
  8   Preferred Capital 12,109,500
  9   CIT Small Business Lending 9,476,500
10   Susquehanna Bank 6,009,800
 
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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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