# Barry Sloane

> Barry Sloane is the founder, chairman, president and CEO of NewtekOne, a Nasdaq-listed financial holding company serving independent business owners across the United States. His career connects family retail, Wall Street mortgage securities and the founding of Newtek in 1998. He led its 2023 bank acquisition and transition from a business development company to a financial holding company.

- **Role:** Founder, Chairman, President and CEO at NewtekOne
- **Organizations:** NewtekOne, Inc., Newtek Bank, N.A., USA Track & Field Foundation, Aegis Capital Markets, Smith Barney, Donaldson, Lufkin & Jenrette, Bear Stearns, L.F. Rothschild, E.F. Hutton, Paine Webber, Sloane Organization, LLC
- **Education:** BS, magna cum laude, University at Buffalo, MBA in Finance, New York University
- **Known for:** Founded Newtek in 1998., Led the 2023 acquisition of National Bank of New York City and financial holding company conversion., Newtek Bank ranked first by SBA 7(a) approved dollar volume in fiscal 2024, at approximately $2.1 billion.

## Career timeline

- **1981** — Graduated from the University at Buffalo; early retail career included Abraham and Strauss and the family business.
- **1982** — Entered mortgage-backed securities sales at Paine Webber.
- **1988-1991** — Senior vice president at Donaldson, Lufkin & Jenrette.
- **1991-1993** — Founder and president of Aegis Capital Markets.
- **1993-1995** — Managing director at Smith Barney.
- **1998** — Founded Newtek in a spare bedroom in a New York City apartment.
- **1999** — Began serving as chairman and CEO, according to the 2026 proxy.
- **2008** — Began serving as president, according to the 2026 proxy.
- **2019** — Rang the Nasdaq opening bell on December 26.
- **2020** — Appointed to the USA Track & Field Foundation board.
- **2023** — Led the National Bank of New York City acquisition and conversion to a financial holding company; became Newtek Bank chairman and CEO.
- **2026** — Announced increased emphasis on retaining guaranteed SBA loan portions and recurring net interest income.

## Achievements

- Founded Newtek in 1998.
- Led the 2023 acquisition of National Bank of New York City and financial holding company conversion.
- Newtek Bank ranked first by SBA 7(a) approved dollar volume in fiscal 2024, at approximately $2.1 billion.
- Appointed a USA Track & Field Foundation director in 2020.

## Latest updates

- **2026-10** — NewtekOne announced Zelle for eligible business bank clients on October 19; the next results call was scheduled for October 28.
- **2026-09** — Newtek Bank announced connections to Sage, Xero, FreshBooks and Restaurant365, extending existing QuickBooks connectivity.
- **2026-08** — NewtekOne announced plans to retain more guaranteed SBA loan portions and increase recurring net interest income.

## Links

- Website: https://www.newtekone.com/
- LinkedIn: https://www.linkedin.com/in/barry-sloane-0847264b
- Twitter/X: https://x.com/SloaneBarry

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Profile page: https://yespress.io/barry-sloane-newtekone
Published by YesPress — https://yespress.io
Last updated: 2026-10-23