NewDominion Bank
- Company typePublic
- Founded1908
- HeadquartersNewark, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
NewDominion Bank firmographics
Firmographics- Name
- NewDominion Bank
- Legal name
- Park National Bank
- Website
- https://newdominionbank.com
- Company type
- Public
- Founded year
- 1908
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
Where NewDominion Bank is headquartered
LocationHeadquarters
- HQ city
- Newark
- HQ country
- United States
- HQ region
- North America
Markets served
NewDominion Bank business model
Business model- GTM type
- B2B
- Offering type
- Services
Revenue model
- Interest Income: Traditional lending revenue from interest charged on loans including personal loans, home loans, home equity lines, commercial loans, SBA loans, agricultural loans, equipment financing, aircraft financing, and lines of credit.
- Deposit Account Fees: Fee income from checking accounts, savings accounts, money market accounts, and certificate of deposit accounts including potential maintenance fees and service charges.
- Wealth Management and Investment Services: Revenue from investment management, 401(k) rollover services, individual retirement accounts (both deposit-based and investment-based), wealth management, retirement planning, and trust services.
- Business Banking Services: Fees from business checking, savings, account analysis services, merchant services, lockbox services, automated clearing house (ACH), remote deposit, and treasury management services.
- Card Services: Revenue from debit cards, credit cards (both personal and business), and the One Card Program for businesses.
Go-to-market motion1 record
Distribution channels5 records
Marketing channels4 records
NewDominion Bank product offering
Product offeringCore offering
NewDominion Bank is a community bank that provides business banking services, lending products, cash management solutions, and general community banking to its customers. The bank was founded in 2005 and operates from Newark, United States, with a workforce of 101-250 employees.
Product overview
Park National Bank is a community bank offering a comprehensive suite of personal and business banking products delivered through both traditional branch services and a digital banking platform. The personal banking portfolio includes checking and savings accounts (with VIP Money Market and Health Savings Accounts), certificates of deposit, credit cards, personal loans, home loans, home equity products, and a full range of investment and retirement planning services including IRAs, 401(k) rollovers, wealth management, trust services, and estate planning. The business banking division provides commercial checking, commercial loans (including SBA/government programs, agricultural loans, and equipment financing), specialized financing (aircraft and lender finance), and treasury management services including merchant services, lockbox, ACH, remote deposit, and Positive Pay fraud protection. The digital banking platform enables online and mobile banking with mobile deposit, Zelle peer-to-peer payments, bill pay, account alerts, and Credit Sense free credit score monitoring. All services are delivered through a community bank model with local leadership and personal service.
Differentiator
Problem solved
Functional benefit
Brands
- Credit Sense: Free credit score monitoring service that lets users monitor their score, see how to improve it, and set a score goal with no impact to credit.
Companies that use NewDominion Bank
Customer profileSegments2 records
Ideal customer profiles2 records
NewDominion Bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
Feature4 records
NewDominion Bank partnerships and signals
Strategic signalScale indicators1 record
NewDominion Bank competitors and assessment
Company assessmentDirect peers
- TowneBank: TowneBank (NASDAQ: TOWN) is a Virginia-based community bank offering consumer, business, and real estate lending. Comparable in scale and community bank operating model with a strong relationship-banking orientation toward SMB customers.
- United Community Banks: United Community Banks (NASDAQ: UCBI) is a Southeast US community bank holding company combining traditional retail banking with commercial lending. Comparable in scale, multi-city footprint, and community/commercial banking mix to NewDominion.
- Renasant Corporation: Renasant Corporation (NYSE: RNST) is a Mississippi-based community bank holding company operating across the Southeast with both consumer and commercial banking lines. Comparable in scale and community-bank profile with a business banking emphasis.
- Pinnacle Financial Partners: Pinnacle Financial Partners (NYSE: PNFP) is a Tennessee-based community bank with an explicit emphasis on serving small- to mid-sized businesses, professionals, and their owners. Directly comparable to NewDominion in business-banking-led community bank model.
- Atlantic Union Bankshares: Atlantic Union Bankshares (NASDAQ: AUB) is a Virginia-based community bank holding company offering commercial, retail, and wealth services across the Mid-Atlantic and Southeast. Comparable in size and community/commercial banking orientation.
- Live Oak Bancshares: Live Oak Bancshares (NASDAQ: LOB) operates Live Oak Bank, a digitally-led US community bank with an outsized small business and SBA lending franchise. Comparable to NewDominion in its strong specialization in business banking and lending within a community bank charter.
- ServisFirst Bancshares: ServisFirst Bancshares (NYSE: SFBS) is an Alabama-headquartered community bank with a heavy tilt toward commercial and business banking across the Southeast. Comparable to NewDominion in business banking focus and relationship-driven community bank operating model.
- Park National Bank: Park National Bank (NASDAQ: PRK) is a publicly traded community bank headquartered in Ohio serving Ohio and Kentucky. It is directly comparable to NewDominion as a US community bank offering personal, business, and wealth management banking products through a branch + digital model anchored in regional relationship banking.
Broad incumbents
- First Citizens BancShares: First Citizens BancShares (NASDAQ: FCNCA) is a large US bank holding company combining community banking branches with specialty commercial finance. Comparable as a much larger community-bank-rooted competitor with overlapping SMB and commercial banking capabilities.
- Cadence Bank: Cadence Bank (NYSE: CADE) is a regional commercial bank serving the South and Texas with full-service commercial, treasury, and wealth capabilities. Comparable as a broader commercial banking incumbent that competes for the same SMB and middle-market relationships that NewDominion serves.
Market position
Strengths4 records
Weaknesses4 records
Key risks4 records
Key highlights4 records
Customer concentration
NewDominion Bank social profiles
Digital presenceNewDominion Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
NewDominion Bank leadership team
Management profileNumber of profiles
NewDominion Bank funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
NewDominion Bank M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about NewDominion Bank
What does NewDominion Bank do?
NewDominion Bank is a community bank that provides business banking services, lending products, cash management solutions, and general community banking to its customers. The bank was founded in 2005 and operates from Newark, United States, with a workforce of 101-250 employees.
Is NewDominion Bank a public or private company?
NewDominion Bank is a public company. It is classified as unknown and is currently operating.
When was NewDominion Bank founded?
NewDominion Bank was founded in 1908. It employs 101 to 250 people.
Where is NewDominion Bank based?
NewDominion Bank is headquartered in Newark, United States, in the North America region.
How does NewDominion Bank make money?
Five revenue lines are on record. Interest Income is the primary driver. The others are deposit Account Fees, wealth Management and Investment Services, business Banking Services and card Services.
Who are NewDominion Bank's main competitors?
Direct peers on record are TowneBank, United Community Banks, Renasant Corporation, Pinnacle Financial Partners, Atlantic Union Bankshares, Live Oak Bancshares, ServisFirst Bancshares and Park National Bank. Broad incumbents are First Citizens BancShares and Cadence Bank.
Does NewDominion Bank have an API?
No public API is recorded for NewDominion Bank.