Bank Index

Modern Bank, National Association

Bank · New York, United States · overall 4.8 / 10

Open in Bank Index

How this 4.8 is built

Average of 6 scored needs: 4.8. Regulation in United States: 87/100 (World Bank governance indicators). Licence confirmed by a regulator's own list. Scores set by its kind of institution.

Modern Bank, National Association is recorded in the global register as a bank in New York, United States. The register shows its licence as licensed. Total assets 0.65 bn USD at 2026-06-30. It reports 2 offices. Established 1977. Collected from open registers.

On its own website: “The official site of MBG®. MBG stands at the intersection of business and private banking, providing entrepreneurs in New York's leading industries with customized commercial and personal financing solutions.”

Legal name
Modern Bank, National Association
Licence confirmed
yes, on a regulator's own list
Established
1977
Website
www.modernbank.com/

Scores, 0 to 10

6.0United States
Licensed and operating in its home country per the register entry; the depth of its offer here has not been checked yet. · source
5.5Cross-border payments, FX and multi-currency accounts
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.0Lowest fees
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.0Best interest on business balances
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.0Trade, manufacturing & import-export
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
4.5Fast digital onboarding
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
4.0Financial strength & stability
Financial strength placed by total assets from the public register. · source

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.