Axos Marks $1 Billion in Small Business Deposits During National Small Business Week
Milestone reflects growing trust from business owners seeking digital-first banking with speed, simplicity, and support
SAN DIEGO–(BUSINESS WIRE)–
Axos Bank (“Axos”) today announced its recognition of National Small Business Week, held this year from May 3–9, 2026, celebrating the entrepreneurs and business owners who power communities, create jobs, and strengthen the economy.
Axos supports more than 40,000 small business customers nationwide, helping owners manage the financial needs behind their day-to-day operations. From digital account access to business banking tools and customer support, Axos is focused on providing practical solutions that help entrepreneurs operate more efficiently and stay focused on building their businesses.
“Reaching $1 billion in small business deposits is an important milestone because it reflects the confidence business owners place in Axos,” said Tim Chung, SVP, Head of Consumer Deposits. “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.”
Small business owners carry a lot: the daily decisions, the unexpected challenges, and the responsibility of keeping their business moving forward. Axos is proud to support the people behind those businesses with banking that fits into their day-to-day lives, helping them manage their finances with more confidence and less complexity.
Axos continues to expand its small business ecosystem through strategic partnerships designed to help entrepreneurs operate more efficiently beyond core banking services. Through collaborations with leading payroll, merchant services, and industry specialists, Axos provides access to solutions that support seamless payments, payroll management, financial operations, and growth.
“Small business owners are managing more moving pieces than ever, and they need financial relationships that can keep pace,” said Tania Akhavan, FVP and Head of Small Business Banking at Axos Bank. “Our focus is on building a connected ecosystem that brings banking, payments, payroll, and other essential services closer together so customers can spend less time navigating financial complexity and more time growing their businesses.”
During National Small Business Week, Axos would like to especially thank the entrepreneurs, operators, and growing businesses behind this milestone. Their trust has helped shape a banking experience designed to reduce complexity and support the realities of modern business ownership.
Business owners interested in learning more about Axos small business banking solutions can visit https://www.axosbank.com/business.
About Axos Financial, Inc. and Axos Bank
Axos Financial, Inc., with approximately $28.2 billion in consolidated assets as of December 31, 2025, is the holding company for Axos Bank, Axos Clearing LLC and Axos Invest, Inc. Axos Bank provides consumer and business banking products nationwide through its low-cost distribution channels and affinity partners. Axos Clearing LLC (including its business division Axos Advisor Services), with approximately $44.4 billion of assets under custody and/or administration as of December 31, 2025, and Axos Invest, Inc., provide comprehensive securities clearing services to introducing broker-dealers and registered investment advisor correspondents, and digital investment advisory services to retail investors, respectively. Axos Financial, Inc.’s common stock is listed on the NYSE under the symbol “AX” and is a component of the Russell 2000® Index and the S&P SmallCap 600® Index, among other indices. For more information on Axos Financial, Inc., please visit http://investors.axosfinancial.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260504257220/en/
Media & Investor Contact:
Johnny Lai
SVP, Investor Relations
[email protected]
858-649-2218
KEYWORDS: California United States North America
INDUSTRY KEYWORDS: Small Business Banking Professional Services Finance
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