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855-900-3265
533 Fellowship Rd
Mt. Laurel, NJ 08054

The Bank merged with Skylands Community Bank in October of 2011 to form Fulton Bank of New Jersey. Both banks were subsidiaries of the Fulton Financial Corporation, a bank holding company with several other institutions under its umbrella.

Fulton Bank of New Jersey, now with the combined power of both banks, is able to offer more competitive personal and business banking products and services. On its personal banking side, the bank has multiple variances of checking, savings, money market, CD, and IRA accounts. Its basic, student, and senior checking account offerings have no monthly service fee and no minimum daily balance requirements, but only the senior account pays interest. There are several other checking account options that pay interest but come with minimum daily balance requirements in order to avoid monthly fees. Multiple savings accounts options are available that come with free online banking and make it easy for students to save. Money market accounts have minimum daily balance requirements and offer higher levels of interest based on total account balances. Certificates of deposit (CDs) and IRA CDs are available in term lengths ranging from 3 months to 5 years.

Fulton Bank of New Jersey online banking provides a customized money management tool for customers to use for budgeting purposes and expense tracking. Bill pay, online statements, rewards points, text banking, and mobile apps are also featured as part of the bank’s online banking system. Mobile apps work on tablet and smartphone devices.

Fulton Bank of New Jersey was originally established in 1989 as The Bank of Gloucester County. It changed its name in 2011 after its merger to Fulton Bank of New Jersey and is currently headquartered in Mount Laurel, New Jersey. The bank serves its customers through numerous branches located in the New Jersey area.

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Reviews (3)

I Miss The Bank. Since Fulton Took Over...

EVERYTHING is down hill.

They used to take funds right from your account when you used your MAC for a purchase. Now, they leave them in the balance that appears---but THAT is not the actual balance in your account.  This practice began after the switch, when they agressively marketed "overdraft protection". Since I never do overdrafts, I saw no need for it---but I have seen half a dozen instances since, where the odd wat they display balnces could RESULT in an overdraft.

If you want to know the ACTUAL balance, you need to click on "transfers"...that account balance will ALWAYS be less than the amount showing as "available."

 

I have also been shut out of my own account a few times in a few days. Theit IT people treated me like an idiot...then couldn't access the account either. Whatever "changes" they have made are not to my benefit...or any other customer.

 

I complained...but was told that "nothing changed". Nonsense. I use online banking all the time, and it was obvious what had been done. The Banks was great...but Fulton is heading the Way of Wells Fargo...a great shame.

Not A Good Bank

worst bank ever. they send you things you dont ask for and when you close your account they continue to keep it open and send you credit cards that could be taken out of your trash and used if you didnt open the mail. dont use them!!!

Unadvertised Cd Rate

These guys just gave me 2% on a 5 year CD, but you have ask for it.



Health

Data for Q2 2014

Institution Health

A

Texas Ratio

GRADE:
A

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of June 30, 2014 Fulton Bank of New Jersey had $52.78 million in non-current loans and owned real-estate with $532.16 million in equity and loan loss allowances on hand to cover it. This gives Fulton Bank of New Jersey a Texas Ratio of 9.92% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for Fulton Bank of New Jersey experienced no significant changes from 10.45% as of June 30, 2013 to 9.92% as of June 30, 2014, resulting in a positive change of 5.06%.This indicates that the balance sheet and financial strength for Fulton Bank of New Jersey has had no significant changes in recent periods.

Deposit Growth

GRADE:
B+

In the past year, Fulton Bank of New Jersey has increased its total deposits by $35.89 million, resulting in 1.31% 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 Fulton Bank of New Jersey has shown is above average.

Capitalization

GRADE:
A+

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. Fulton Bank of New Jersey has $3.4 billion in assets with $532.16 million in equity, resulting in a capitalization level of 15.63%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #27614
Year Established1989
Employees531
Primary RegulatorFDIC
Assets and Liabilities
Assets$3.40 billion
Loans$2.44 billion
Deposits$2.78 billion
Equity Capital$471.49 million
Loan Loss Allowance$60.67 million
Unbacked Noncurrent Loans$47.30 million
Real Estate Owned$5.48 million
Historic Data - June 2013
Assets$3.31 billion
Equity Capital$467.06 million
Loan Loss Allowance$71.81 million
Unbacked Noncurrent Loans$47.30 million
Real Estate Owned$7.44 million
Profit Margin - Quarterly
Return on Assets0.73%
Return on Equity5.2%
Interest Income$60.45 million
Rates
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Fulton Bank of New Jersey Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.15%--IRA Statement Savings

Fulton Bank of New Jersey Money Market Rates

DetailsAPYMINMAXPRODUCT
0.20%$1m-Platinum Money Market Account
0.10%$1k-Money Market Account

Fulton Bank of New Jersey CD Rates

DetailsAPYMINMAXPRODUCT
1.90%$500-5 Year Promo Relationship Banking CD
1.60%$500-4 Year Promo Relationship Banking CD
1.40%$2,500-3 Year Bump-Up Promo Relationship Banking CD
1.30%$1k-30 Month w/ Relationship Banking CD
1.05%$1k-30 Month CD
0.80%$500-3 Year CD
0.60%$500-2 Year CD
0.45%$500-18 Month CD
0.30%$500-12 Month CD
0.20%$500-6 Month CD
0.15%$500-3 Month CD

Fulton Bank of New Jersey IRA Rates

DetailsAPYMINMAXPRODUCT
1.65%$500-5 Year IRA
1.35%$500-4 Year IRA
0.80%$500-3 Year IRA
0.60%$500-2 Year IRA
0.45%$500-20 Month IRA
0.30%$500-12 Month IRA
0.20%$500-6 Month IRA
Locations

Fulton Bank of New Jersey has 74 locations. Click to view all Fulton Bank of New Jersey locations.