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 45^th largest bank in the state of New Jersey. It is also the 2,354^th 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.

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Health

Data as of Q2 2022

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Health Grade Components

Overall
FDIC Certificate #	30402
Year Established	1861
Employees	61
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.27%
Return on Equity - YTD	3.62%
Annual Interest Income	$4.2MM

Assets and Liabilities
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

Rates

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Savings
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
0.15%^*	$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

Franklin Bank (NJ) Money Market Rates

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

Franklin Bank (NJ) Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
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) 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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