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New Century Bank Announces Successful Completion of Capital Raise - Raised $43 million of common stock (pdf)

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Concierge Banking

Business Concierge Bankers Provide on-site support

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Business LoansBusiness Loans

Offering a wide variety of commercial loans

New Century Bank offers a wide range of commercial loan products designed to meet the individual needs of businesses in the community. Our staff of professional lenders is committed to building business relationships that provide a complete offering of financial services to our business clientele in order to meet their present and future needs.


Business Lines of Credit

The perfect loan product to provide working capital, supplement cash flow, finance receivables, or purchase inventory.

  • Competitive rates
  • No application fee
  • Automatic payment from Business Checking

Construction Loans and Credit Lines

  • Commercial construction to permanent financing options
  • Interest only during construction period

Commercial Mortgages

New Century Bank’s commercial mortgages are available for property purchases, upgrading an existing building, expansion, renovations or improvements. Additionally capital may be secured for land purchases, construction, mixed use properties, investment properties, owner-occupied properties or refinancing.

  • 1-year, 3-year and 5-year alternatives
  • Competitive variable rates
  • No application fee on amortizing mortgages
  • No balloon mortgages
  • No repeat appraisals required during original term of loan

Business Installment Loans

A great loan product to use for expansion, capital improvements, equipment financing, and other major business needs.

  • Fixed amount with equal monthly payments of principal and interest
  • Competitive rates
  • Automatic payment from New Century’s Business Checking Account


Please contact one of our experienced Commercial Bankers today:

Ed Gallagher  610-917-3267
Jay Power  610-356-5127
Ken Keiser  484-923-8800 – Commercial Real Estate

FDIC Transaction Account Guarantee Program

New Century Bank is participating in the FDIC's Transaction Account Guarantee Program. Under that program, through December 31, 2013, all noninterest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC's general deposit insurance rules. Minimum FDIC coverage of $250,000.00.

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