Lakeland Bank

Overview / Commentary

www.lakelandbank.com

973-697-2040

2717 Route 23 South
Newfoundland, NJ 07435

Lakeland Bank is headquartered in Newfoundland and is the 7^th largest bank in the state of New Jersey. It is also the 185^th largest bank in the nation. It was established in 1969 and as of March of 2020, it had grown to 697 employees at 52 locations. Lakeland Bank has an A+ health rating.

View all posts from:

2015

7/28 - Lakeland Bank (NJ) Has Competitive Rate 35-Month CD

Reviews (1)

Write a Review

Banking With A Personal Touch

Posted by: Anonymous | Sep 15, 2012

I deal with at least 3 to 4 banks daily, and just like Lakeland because of the feeling of what banking use to be like a live voice to speak to and a great personal touch.

Comment

Health

A+

Data as of Q1 2020

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	19953
Year Established	1969
Employees	697
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.85%
Return on Equity - YTD	7.24%
Annual Interest Income	$63.5MM

Assets and Liabilities
Assets	Q1 2020vs Q1 2019	$7.01B$6.36B
Loans	Q1 2020vs Q1 2019	$5.28B$4.88B
Deposits	Q1 2020vs Q1 2019	$5.49B$5.09B
Equity Capital	Q1 2020vs Q1 2019	$813.0MM$762.3MM
Loan Loss Allowance	Q1 2020vs Q1 2019	$48.9MM$38.0MM
Unbacked Noncurrent Loans	Q1 2020vs Q1 2019	$35.2MM$20.8MM
Real Estate Owned	Q1 2020vs Q1 2019	$393.00K$715.00K

Rates

Skip to rates for:

Savings
Money Market
Checking
CD
IRA

Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Lakeland Bank; we are a rate comparison website and cannot provide official rates or promotions.

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

† The rates for some products vary by region. In these cases we have listed the rates for the region closest to the bank's headquarters.

Lakeland Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.05%^†	$1	-	Statement Savings Account
0.05%^†	$1	-	Young Savers
0.05%^†	$1	-	Business Statement Savings

Lakeland Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
0.25%^*^†	$500k^*	-	Platinum Tiered Money Market Account
OTHER TIERS: 0.05% → $1 - $15k \| 0.10% → $15k - $25k \| 0.15% → $25k - $100k \| 0.20% → $100k - $500k
0.10%^*^†	$100k^*	-	Business Tiered Money Market
OTHER TIERS: 0.03% → $1 - $100k

Lakeland Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.05%^†	$1	-	Platinum Checking
0.03%^†	$1	-	Personal Checking with Interest
0.03%^†	$1	-	Business Checking With Interest

Lakeland Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
0.75%^†	$500	-	9 Month CD
0.70%^†	$500	-	13 Month CD
0.40%^†	$500	-	6 Month CD

Lakeland Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
0.75%^†	$500	-	9 Month IRA
0.70%^†	$500	-	13 Month IRA
0.40%^†	$500	-	6 Month IRA

Locations

Availability

New York Area

New York Area bank & credit union details

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.