PPP Loan

As an authorized lender by the SBA, Modern Bank is committed to helping small businesses navigate the COVID-19 loan relief options. Paycheck Protection Program (PPP) loan forgiveness is now available for Modern Bank borrowers who are ready to begin the process. Borrowers who received a PPP loan directly from Modern Bank can now access the online application after receiving an email notification.

Begin Forgiveness

COVID-19 Notice!
In order to put your health first, as well as the health of our Modern Bank staff, we have reduced business hours at our 410 Park Avenue office to Monday, Wednesday and Friday only, 10:00am to 4:00pm. Also, any branch banking will be conducted by appointment only. If you would like to open a new account or have any questions, please contact a Service Officer at (212) 323-1125.

Built by Entrepreneurs.
For Entrepreneurs.

At Modern Bank, we are committed to delivering superior products and services that empower our clients to achieve their individual financial goals – for their business, for their family, and for themselves.  As entrepreneurs ourselves, we built Modern Bank from the ground-up to deliver creatively tailored solutions that are just as distinct as our clients.

Our modern approach to digital banking doesn’t rely on old-fashioned retail branches – instead, we use a technology platform that enables us to pass the savings on to you.  With our easy-to-use tools, bespoke solutions, high-touch service, and innovative products, we are focused on letting entrepreneurs spend more time managing their business, and less time managing their banking.

Consumer Banking

Take Control of your Financial Life

With personal services and accounts built around you, we’ll find the right account, no matter what your goal.  With our modern approach to banking, we can save you time and pass the savings on to you – so you can spend more time managing your life, and less time managing your finances.


Here to Help You Build

By combining the sophistication and experience of a major banking institution with the digital footprint and agility of a nimble local bank, Modern Bank provides an innovative suite of lending and cash management solutions to help you build your business.  As entrepreneurs ourselves, we designed Modern Bank to cut through the bureaucracy and complexity of business banking, so you can focus on what matters most to you.

Connect with us

Start a conversation with our team and let us help you build

Give us a call 212.323.1100