Franklin Bank (NJ) is headquartered in Pilesgrove and is the 49th largest bank in the state of New Jersey. It is also the 2,389th largest bank in the nation. It was established in 1861 and as of December of 2020, it had grown to 60 employees at 8 locations. Franklin Bank (NJ) has an A health rating.
Overall | |
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FDIC Certificate # | 30402 |
Year Established | 1861 |
Employees | 60 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 0.21% |
Return on Equity - YTD | 2.22% |
Annual Interest Income | $8.5MM |
Assets and Liabilities | ||
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Assets | Q4 2020vs Q4 2019 | $302.1MM$260.3MM |
Loans | Q4 2020vs Q4 2019 | $171.9MM$171.9MM |
Deposits | Q4 2020vs Q4 2019 | $274.3MM$233.0MM |
Equity Capital | Q4 2020vs Q4 2019 | $26.9MM$26.0MM |
Loan Loss Allowance | Q4 2020vs Q4 2019 | $1.5MM$1.6MM |
Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $681.00K$689.00K |
Real Estate Owned | Q4 2020vs Q4 2019 | $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 | |
---|---|---|---|---|---|
0.30%* | $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 |
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 |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
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) 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 |