---
schema_version: "secwatch.filing_event.v1"
accession: "0001587987-24-000221"
form_type: "8-K"
ticker: "NEWT"
cik: "0001587987"
company_name: "NewtekOne, Inc."
filed_at: "2024-10-08T23:59:59+00:00"
generated_at: "2026-05-30T17:59:01.539838+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# NewtekOne's bank deposits $742M, up 11.7% QoQ and 43% YTD; business core deposits up 45%

## Summary
- Deposits at Newtek Bank $742M as of Sep 30, 2024, up 11.7% from $664M at Jun 30, 2024 and 43% from $519M at Dec 31, 2023.
- Business core deposits expected $119M, an increase of $37M or 45% sequentially.
- Deposits from lending clients $78M, up $30M from the prior quarter; insured deposits represent ~75% of total.
- Newtek Zero-Fee Banking product launch announced; Q3 2024 earnings call scheduled for November 6, 2024.

## SEC filing metadata
- accession: 0001587987-24-000221
- form_type: 8-K
- ticker: NEWT
- cik: 0001587987
- company_name: NewtekOne, Inc.
- filed_at: 2024-10-08T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1587987/000158798724000221/0001587987-24-000221-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1587987/000158798724000221/newt-20241008.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001587987-24-000221
- JSON: https://secwatch.observer/filing/0001587987-24-000221.json
- Plain text: https://secwatch.observer/filing/0001587987-24-000221.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.