Lakeland Bank

Overview / Commentary
2717 Route 23 South
Newfoundland, NJ 07435

Lakeland Bank is headquartered in NEWFOUNDLAND and is the 4th largest bank in the state of New Jersey. It is also the 153rd largest bank in the nation. It was established in 1969 and as of December of 2023, it had grown to 855 employees at 70 locations. Lakeland Bank's money market rates are 3X the national average, and it has an A health rating.

Reviews (2)

Banking With A Personal Touch

Posted by: |

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.

Horrible Horrible

Posted by: |

Every single time i need to speak to a representative it is at least a 20 minute wait, and they lock my card for every little thing at least once a week. Even when they call me to confirm there is no fraud, my card stays locked and I have to call them back and wait 20 minutes to get through to them to get it unlocked. When they finally answer they tell me to wait another 10 minutes to use my card, and 20 minutes my card is still locked this is incredible. Been banking with them for about 5 years and it keeps getting worse.


Health Grade Components

FDIC Certificate #19953
Year Established1969
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.84%
Return on Equity - YTD7.24%
Annual Interest Income$491MM
Assets and Liabilities
AssetsQ4 2023vs Q4 2022$11.13B$10.78B
LoansQ4 2023vs Q4 2022$8.27B$7.8B
DepositsQ4 2023vs Q4 2022$8.63B$8.62B
Equity CapitalQ4 2023vs Q4 2022$1.3B$1.24B
Loan Loss AllowanceQ4 2023vs Q4 2022$77.2MM$70.3MM
Unbacked Noncurrent LoansQ4 2023vs Q4 2022$26MM$17.4MM
Real Estate OwnedQ4 2023vs Q4 2022$0$0
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

0.05%$1-Statement Savings Account
0.05%$1-Young Savers
0.05%$1-Business Statement Savings

Lakeland Bank Money Market Rates

1.40%*$500k*-Platinum Tiered Money Market Account
OTHER TIERS: 0.20% $1 - $15k | 0.40% $15k - $25k | 0.75% $25k - $100k | 1.00% $100k - $250k | 1.25% $250k - $500k
1.25%*$100k*-Business Tiered Money Market
OTHER TIERS: 0.60% $1 - $100k

Lakeland Bank Checking Account Rates

0.10%$1-Platinum Checking
0.05%$1-Personal Checking with Interest
0.05%$1-Business Checking With Interest

Lakeland Bank CD Rates

5.10%$500-9 Month CD
4.95%$500-13 Month CD
4.10%$500-18 Month Platinum CD
4.00%$500-18 Month CD
3.50%$500-23 Month CD

Lakeland Bank IRA Rates

5.10%$500-9 Month IRA
4.95%$500-13 Month IRA
3.50%$500-23 Month IRA


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.