
Modern Bank
Modern Bank: A private, national bank providing comprehensive banking services to businesses and individuals.
Modern Bank is a private, national bank that provides comprehensive banking services to businesses and individuals in the United States. The bank focuses on leveraging a sophisticated technology platform to offer digital banking solutions, eschewing traditional retail branches to pass savings onto clients. Modern Bank primarily engages in debt financing, typically investing in companies through structured loan agreements.
Notable portfolio companies include Hippodrome Services Group, which has raised $10 million through debt financing facilitated by Modern Bank. The firm prides itself on being built by entrepreneurs for entrepreneurs, offering bespoke financial solutions and high-touch services to help clients achieve their financial goals. Modern Bank's investment philosophy centers on empowering clients with superior products and services tailored to their unique needs.
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Quick Facts
Who are Modern Bank's competitors?
Companies similar to Modern Bank include Amboy Bank, National Bank Holdings, MapleMark Bank and PriorityOne Bank.
When was Modern Bank founded?
Modern Bank was founded in 2006.
Where is Modern Bank's headquarters located?
Modern Bank's headquarters is located in New York City, NY, US.
How many employees does Modern Bank have?
Modern Bank has 42 employees as of Jun 30, 2026.
Classification
- Industry
- LEI
- 54930024MS92J3NNTL30
- FDIC Certificate
- 22398
- RSSD
- 2398701
- NAICS
- 520000Finance and Insurance
- 522000Credit Intermediation and Related Activities
- 522100Depository Credit Intermediation
- 522110Commercial Banking
- SIC
- 6000Depository Institutions
- 6020Commercial Banks
- ISIC
- 6630Fund management activities
Show 6 more industry codes
- NAICS
- 523000Securities, Commodity Contracts, and Other Financial Investments and Related Activities
- 523900Other Financial Investment Activities
- 523940Portfolio Management and Investment Advice
- SIC
- 6200Security And Commodity Brokers, Dealers, Exchanges, And Services
- 6280Services Allied With The Exchange Of Securities Or Commodities
- 6282Investment Advice