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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 2008 (10/1/07 – 9/30/08)

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New York

Rank Amount
  1 JP Morgan Chase Bank  $66,132,200
  2   CIT Small Business Lending 27,560,000
  3   TD Bank (Formally Commerce Bank) 26,771,500
  4        BNB Bank 25,774,000
  5 NewBank 22,645,000
  6 Banco Popular 15,372,000
  7 Home Loan Investment Bank 13,884,000
  8 M & T Trust 12,443,000
  9 Bank Of America 11,596,900
10 Wachovia SBA Lending 11,419,500


New Jersey

Rank Amount
  1   TD Bank (Formally Commerce Bank)  $74,497,500
  2 NJ Business Finance Corp 49,543,000
  3        BNB Bank   42,261,000
  4   PNC Bank 17,661,600
  5   Sun National Bank 17,103,100
  6   Wachovia Bank 15,357,600
  7   CIT Small Business Lending 14,958,200
  8   Valley National 14,729,500
  9   Banco Popular North America 14,305,800
10   Susquehanna Bank 13,286,000


Pennsylvania

Rank Amount
  1   PNC Bank    $25,331,900
  2   Preferred Capital Bidco, Inc 19,446,600
  3 TD Bank (Formally Commerce Bank) 19,307,500
  4   Wachovia Bank 17,698,200
  5   M&T Trust Company 16,910,400
  6          BNB Bank 16,425,000
  7   Susquehanna Bank 16,176,900
  8   CIT Small Business Lending 13,667,900
  9   National Penn Bank 12,347,000
10   Unity Bank 9,631,000
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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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