Lakeland Bank


Overview / Commentary
973-697-2040
2717 Route 23 South
Newfoundland, NJ 07435

Lakeland Bank is headquartered in Newfoundland and is the 5th largest bank in the state of New Jersey. It is also the 156th largest bank in the nation. It was established in 1969 and as of March of 2022, it had grown to 884 employees at 71 locations. Lakeland Bank 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
A+

Health Grade Components

Overall
FDIC Certificate #19953
Year Established1969
Employees884
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.74%
Return on Equity - YTD6.29%
Annual Interest Income$76.0MM
Assets and Liabilities
AssetsQ1 2022vs Q1 2021$10.28B$7.77B
LoansQ1 2022vs Q1 2021$7.07B$6.04B
DepositsQ1 2022vs Q1 2021$8.79B$6.67B
Equity CapitalQ1 2022vs Q1 2021$1.23B$843.9MM
Loan Loss AllowanceQ1 2022vs Q1 2021$67.1MM$67.3MM
Unbacked Noncurrent LoansQ1 2022vs Q1 2021$19.7MM$31.1MM
Real Estate OwnedQ1 2022vs Q1 2021$0$0
Rates

Rates for Lakeland Bank are currently being reviewed.

Locations

Availability

New York Area

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