Franklin Bank (NJ)

Overview / Commentary

www.franklinbnk.com

856-769-1327

1179 Route 40
Pilesgrove, NJ 08098

Franklin Bank (NJ) is headquartered in Pilesgrove and is the 47^th largest bank in the state of New Jersey. It is also the 2,419^th largest bank in the nation. It was established in 1861 and as of March of 2021, it had grown to 58 employees at 8 locations. Franklin Bank (NJ) has an A health rating.

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Health

Data as of Q1 2021

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Health Grade Components

Overall
FDIC Certificate #	30402
Year Established	1861
Employees	58
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.12%
Return on Equity - YTD	1.41%
Annual Interest Income	$2.0MM

Assets and Liabilities
Assets	Q1 2021vs Q1 2020	$309.7MM$262.4MM
Loans	Q1 2021vs Q1 2020	$168.8MM$173.8MM
Deposits	Q1 2021vs Q1 2020	$282.5MM$234.6MM
Equity Capital	Q1 2021vs Q1 2020	$26.3MM$26.4MM
Loan Loss Allowance	Q1 2021vs Q1 2020	$1.5MM$1.5MM
Unbacked Noncurrent Loans	Q1 2021vs Q1 2020	$599.00K$920.00K
Real Estate Owned	Q1 2021vs Q1 2020	$0$73.00K

Rates

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Money Market
Checking
CD
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Franklin Bank (NJ) Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.30%^*	$10k^*	-	IRA Savings
OTHER TIERS: 0.10% → Up to $5k \| 0.20% → $5k - $10k
0.10%	$200	-	Statement Savings
0.10%	$200	-	Passbook Savings
0.10%	-	-	Holiday Club

Franklin Bank (NJ) Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.25%^*	$150k^*	-	MMDA Plus
OTHER TIERS: 0.10% → $5k - $25k \| 0.15% → $25k - $50k \| 0.20% → $50k - $150k

Franklin Bank (NJ) Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.15%^*	$100k^*	-	Business Basic Plus
OTHER TIERS: 0.01% → $600 - $25k \| 0.05% → $25k - $50k \| 0.10% → $50k - $100k
0.10%	$500	-	Premier Checking
0.10%	-	-	50 Plus Checking

Franklin Bank (NJ) CD Rates

APY	MIN	MAX	ACCOUNT NAME
0.55%	$500	-	84 Month CD
0.50%	$500	-	60 Month CD
0.40%	$500	-	48 Month CD
0.35%	$500	-	36 Month CD
0.30%	$500	-	30 Month CD
0.30%	$500	-	33 Month CD
0.30%	$500	-	30 Month CD-Quarterly
0.25%	$500	-	24 Month CD
0.20%	$500	-	18 Month CD
0.20%	$500	-	18 Month CD- Quarterly
0.17%	$500	-	15 Month CD
0.15%	$500	-	12 Month CD
0.12%	$500	-	9 Month CD
0.12%	$500	-	9 Month CD-Maturity
0.10%	$500	-	6 Month CD
0.10%	$500	-	6 Month CD-Maturity
0.05%	$500	-	3 Month CD
0.05%	$500	-	3 Month CD-Maturity

Franklin Bank (NJ) IRA Rates

APY	MIN	MAX	ACCOUNT NAME
0.50%	$1k	-	60 Month IRA CD
0.40%	$1k	-	48 Month IRA CD
0.35%	$1k	-	36 Month IRA CD
0.30%	$1k	-	30 Month IRA CD
0.25%	$1k	-	24 Month IRA CD
0.20%	$1k	-	18 Month IRA CD
0.17%	$1k	-	15 Month IRA CD
0.15%	$1k	-	12 Month IRA CD

Locations

Franklin Bank (NJ) Locations
Franklin Bank	1179 Route 40	Pilesgrove, NJ 08098
Salem Branch	137 West Broadway	Salem, NJ 08079
Franklinville Branch	2039 Delsea Drive	Franklinville, NJ 08322
Ocean View Branch	2584 North Route 9	Ocean View, NJ 08230
260 N Broadway Branch	260 N Broadway	Pennsville, NJ 08070
Woolwich Branch	99 Center Square Road	Woolwich Township, NJ 08085
Salem Front Street Branch	18 Front Street	Salem, NJ 08079

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