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Newtek Receives Approval From the OCC to Acquire National Bank of New York City - News

Newtek Business Services Corp. received conditional approval from Office of the Comptroller of the Currency (“OCC”) to complete its acquisition of the National Bank of New York City. Newtek announced last week that it received approval from the Federal Reserve to become a bank holding company and a financial holding company by acquiring NBNYC..

Newtek s bank conversion plan gets green light from OCC after long wait

With the final piece of its regulatory puzzle in place, Newtek, a business development company and the nation's No. 3 SBA 7(a) lender, plans to complete its acquisition of National Bank of New York City in January.

Newtek Business Services (NEWT) Receives Approval From the OCC to Acquire National Bank of New York City

Newtek Business Services (NEWT) Receives Approval From the OCC to Acquire National Bank of New York City
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