Lincoln Park Savings Bank

31 Boonton Turnpike
Lincoln Park, NJ 7035
973-694-0330
www.lincolnparksavings.com

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Lincoln Park Savings Bank is headquartered in Lincoln Park and is the 85^th largest bank in the state of New Jersey. It is also the 3,269^th largest bank in the nation. It was established in 1922 and as of March of 2012, it had grown to 21 employees at 2 locations. Lincoln Park Savings Bank's savings rates are 25% higher than the national average, and it has a 3-star health rating.

Lincoln Park Savings Bank Routing Number: 221270680

4.80% 24-Month CD at Lincoln Park Savings Bank in Chicago - 9/16/2008

Update 9/25/08: These special CDs are no longer listed on the bank's website. Please check the bank's website for the latest rates and specials.Lincoln Park Savings Bank is offering two competitive CD specials: 4.80% APY CD with terms from 24 to 35...

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See Rates for: Checking | Savings | Money Market | CD | IRA

Lincoln Park Savings Bank Checking Account Rates

Apy	Min	Max	Product
0.80%	$1k	-	Business NOW Checking
0.55%	$10k	-	NOW Checking

Lincoln Park Savings Bank Savings Account Rates

Apy	Min	Max	Product
0.65%	-	-	Holiday Club
0.65%	-	-	Vacation Club
0.50%	$50	-	Statement Savings
0.40%	$50	-	Passbook Savings

Lincoln Park Savings Bank Money Market Rates

	Apy	Min	Max	Product
	0.40%	$100k	-	Money Market Deposit Account

Lincoln Park Savings Bank CD Rates

Apy	Min	Max	Product
1.36%	$500	-	4 Year CD
1.36%	$500	-	5 Year CD
0.90%	$500	-	2 Year CD
0.90%	$1k	-	2.5 Year CD
0.65%	$500	-	1 Year CD
0.65%	$5k	-	13 Month CD
0.50%	$500	-	91 Day CD
0.50%	$500	-	182 Day CD
0.50%	$500	-	8 Month CD
0.50%	$500	-	9 Month CD
0.50%	$5k	-	5 Month CD
0.50%	$5k	-	7 Month CD

Lincoln Park Savings Bank IRA Rates

Apy	Min	Max	Product
1.36%	$500	-	4 Year IRA
1.36%	$500	-	5 Year IRA
1.36%	$500	-	4 Year Roth IRA
1.36%	$500	-	5 Year Roth IRA
1.36%	$500	-	4 Year Educational IRA
1.36%	$500	-	5 Year Educational IRA
0.90%	$500	-	2 Year IRA
0.90%	$500	-	2.5 Year IRA
0.90%	$500	-	2 Year Roth IRA
0.90%	$500	-	2.5 Year Roth IRA
0.90%	$500	-	2 Year Educational IRA
0.90%	$500	-	2.5 Year Educational IRA
0.65%	$500	-	1 Year IRA
0.65%	$500	-	1 Year Roth IRA
0.65%	$500	-	1 Year Educational IRA
0.50%	$500	-	91 Day IRA
0.50%	$500	-	182 Day IRA
0.50%	$500	-	8 Month IRA
0.50%	$500	-	9 Month IRA
0.50%	$500	-	91 Day Roth IRA
0.50%	$500	-	182 Day Roth IRA
0.50%	$500	-	8 Month Roth IRA
0.50%	$500	-	9 Month Roth IRA
0.50%	$500	-	91 Day Educational IRA
0.50%	$500	-	182 Day Educational IRA
0.50%	$500	-	8 Month Educational IRA
0.50%	$500	-	9 Month Educational IRA

Rates updated: 5/26/2012

Data for Q1 2012

Institution Statistics

Lincoln Park Savings Bank
FDIC Certificate #	28963
BankRate Report	View
Year Established	1922
Employees	21
Primary Regulator	FDIC
Assets and Liabilities
Assets	$189.00 million
Loans	$71.12 million
Deposits	$105.83 million
Equity Capital	$14.24 million
Loan Loss Allowance	$346,000
Unbacked Noncurrent Loans	$3.43 million
Historic Data - March 2011
Assets	$171.65 million
Equity Capital	$13.26 million
Loan Loss Allowance	$303,000
Unbacked Noncurrent Loans	$2.84 million
Real Estate Owned	$244,000
Profit Margin - Quarterly
Net Interest Margin	2.64%
Return on Assets	0.53%
Return on Equity	6.96%
Interest Income	$1.85 million

Institution Health

Overall Score:

3 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Lincoln Park Savings Bank had $3.43 million in non-current loans and owned real-estate with $14.58 million in equity and loan loss allowances on hand to cover it. This gives Lincoln Park Savings Bank a Texas Ratio of 23.53% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Lincoln Park Savings Bank held steady from 22.76% as of March 31, 2011 to 23.53% as of March 31, 2012, resulting in a negative change of 3.38%. This indicates that the balance sheet and financial strength for Lincoln Park Savings Bank has held steady in recent periods.
Deposit Growth
In the past year, Lincoln Park Savings Bank has increased its total deposits by $12.44 million, resulting in 13.33% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Lincoln Park Savings Bank has shown is excellent.
Capitalization
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Lincoln Park Savings Bank has $189 million in assets with $14.58 million in equity, resulting in a capitalization level of 7.72%, which is below average.