Axos Bank announced that it has reached a $1 billion milestone in small‑business deposits during National Small Business Week, a key marketing period for the company’s branchless, digital‑first banking platform.
The $1 billion deposit base represents a tangible expansion of the bank’s core customer base and provides a larger, low‑cost funding source that can be used to originate new loans and generate fee income. With total assets of $28.2 billion as of December 31, 2025, the small‑business deposit segment now accounts for a growing share of the bank’s balance sheet, reinforcing its strategy to deepen relationships with small‑business clients.
Axos serves more than 40,000 small‑business customers nationwide. The milestone reflects the confidence that business owners place in Axos’s technology‑driven services, and it signals that the bank’s digital‑first model is resonating with a segment that values speed, simplicity, and dependable support without the need for branch visits.
"Reaching $1 billion in small business deposits is an important milestone because it reflects the confidence business owners place in Axos. Small businesses want banking that works the way they work today—fast, straightforward, and dependable. Our focus is on combining the efficiency of digital‑first banking with the confidence that business owners can still get help when they need it, without relying on branch visits as the model," said Tim Chung, SVP, Head of Consumer Deposits.
"Small business owners are managing more moving pieces than ever, and they need financial relationships that can keep pace," added Tania Akhavan, FVP and Head of Small Business Banking at Axos Bank.
The deposit growth positions Axos to expand its loan portfolio and fee‑based services, supporting the bank’s broader goal of scaling its digital platform while maintaining a low‑cost funding base. The milestone also strengthens Axos’s competitive stance in the growing digital‑banking market, where small‑business clients increasingly seek technology‑enabled solutions that deliver both convenience and reliable support.
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