Franklin Bank (NJ) is headquartered in Pilesgrove and is the 45th largest bank in the state of New Jersey. It is also the 2,354th largest bank in the nation. It was established in 1861 and as of June of 2022, it had grown to 61 employees at 8 locations. Franklin Bank (NJ) has an A health rating.
Overall | |
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FDIC Certificate # | 30402 |
Year Established | 1861 |
Employees | 61 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 0.27% |
Return on Equity - YTD | 3.62% |
Annual Interest Income | $4.2MM |
Assets and Liabilities | ||
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Assets | Q2 2022vs Q2 2021 | $326.1MM$311.2MM |
Loans | Q2 2022vs Q2 2021 | $169.2MM$165.6MM |
Deposits | Q2 2022vs Q2 2021 | $302.2MM$284.0MM |
Equity Capital | Q2 2022vs Q2 2021 | $21.9MM$26.6MM |
Loan Loss Allowance | Q2 2022vs Q2 2021 | $1.6MM$1.5MM |
Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $479.00K$477.00K |
Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.15%* | $10k* | - | IRA Savings | ||
OTHER TIERS: 0.05% → Up to $5k | 0.10% → $5k - $10k | |||||
0.07% | $200 | - | Statement Savings | ||
0.07% | $200 | - | Passbook Savings | ||
0.07% | - | - | Savings Club |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.15%* | $150k* | - | MMDA Plus | ||
OTHER TIERS: 0.03% → $5k - $25k | 0.05% → $25k - $50k | 0.10% → $50k - $150k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.12%* | $100k* | - | Business Basic Plus | ||
OTHER TIERS: 0.01% → $600 - $25k | 0.03% → $25k - $50k | 0.07% → $50k - $100k | |||||
0.05% | $500 | - | Premier Checking | ||
0.05% | - | - | 50 Plus Checking |
Franklin Bank (NJ) Locations | ||
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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 |