First Hope Bank is headquartered in Hope and is the 30th largest bank in the state of New Jersey. It is also the 1,294th largest bank in the nation. It was established in 1911 and as of June of 2022, it had grown to 106 employees at 6 locations. First Hope Bank has a B health rating.
Great Experience
Great bank. They have excellent service and good rates.
I Love This Bank
There is no other bank I would ever use. The customer service is fabulous. The employees treat you like family.
Great Bank
First Hope has been a phenomenal bank since I first started banking there in 5th grade. I was only 11 years old, but they had a great program of teaching kids the importance of saving. They enrolled me a graduated savings account where I earned different rewards, the best being my own ATM card, as long as my parents approved. Now that I am older, I still leave money in the bank as an emergency fund. The bank offers better rates than the leading big banks. Their customer service and online support are second to none. First Hope truly recognizes the importance of family-friendly clientele and being a neighborhood-friendly bank. I highly recommend that anyone who lives in the area to seek out their nearest branch and open an account.
DISGRACE Of A BANK!!!!
mark swift & dawn colombaris basically take ur money and promise u a quick closing, but they dont deliver.. They lie and just drag the loan process on; almost 4 months. loan never went through after 4 separate closing dates. after wasting time and over $1300 spent with them. I changed banks and closed without any bumps in 35 days. stay away from FIRST HOPE BANK! If WALMART did mortgages; u would probably get better service then at FIRST HOPE!!!
Data as of Q2 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 6354 |
| Year Established | 1911 |
| Employees | 106 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.28% |
| Return on Equity - YTD | 4.03% |
| Annual Interest Income | $9.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $719.0MM$670.9MM |
| Loans | Q2 2022vs Q2 2021 | $391.5MM$401.9MM |
| Deposits | Q2 2022vs Q2 2021 | $660.8MM$606.6MM |
| Equity Capital | Q2 2022vs Q2 2021 | $44.6MM$54.0MM |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $4.7MM$4.3MM |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $6.3MM$1.5MM |
| Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |