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Overview / Commentary
908-647-4000
1902 Long Hill Road
Millington, NJ 07946

Millington Bank is headquartered in Millington and is the 41st largest bank in the state of New Jersey. It is also the 1,319th largest bank in the nation. It was established in 1911 and as of September of 2017, it had grown to 63 employees at 4 locations. Millington Bank's savings rates are 94% higher than the national average, and it has an A health rating.

Reviews (2)

Friendly & Knowledgeable

Posted by: sgarcia | Sep 25, 2012

I love how when I need help that I am able to get in contact with a real person and not a recording. Great products, great rates, and great staff!

Great Bank To Be With.

Posted by: acooley | May 22, 2012

I have several accounts with Millington Savings Bank and they always put the customer first. The staff is very friendly and knowledgable.



Health

Health Grade Components

Overall
FDIC Certificate #30022
Year Established1911
Employees63
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.68%
Return on Equity - YTD5.96%
Annual Interest Income$14.1MM
Assets and Liabilities
AssetsQ3 2017vs Q3 2016$541.7MM$433.6MM
LoansQ3 2017vs Q3 2016$461.3MM$329.2MM
DepositsQ3 2017vs Q3 2016$409.8MM$350.6MM
Equity CapitalQ3 2017vs Q3 2016$58.4MM$55.1MM
Loan Loss AllowanceQ3 2017vs Q3 2016$5.3MM$4.0MM
Unbacked Noncurrent LoansQ3 2017vs Q3 2016$4.4MM$6.3MM
Real Estate OwnedQ3 2017vs Q3 2016$0$0
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Millington Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.01%*$25k*-VIP Savings Special (New Money)
OTHER TIERS: 0.30% Up to $25k
0.25%*$500k*-Opportunity Savings
OTHER TIERS: 0.12% $50 - $10k | 0.14% $10k - $25k | 0.15% $25k - $50k | 0.16% $50k - $75k | 0.18% $75k - $100k | 0.20% $100k - $500k
0.15%--Holiday Club
0.12%$50-Statement Savings

Millington Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.23%*$1k*-Money Market Checking
OTHER TIERS: 0.05% Up to $1k
0.15%$1k-Money Market Savings

Millington Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%*$500k*-Interest Checking
OTHER TIERS: 0.05% Up to $100k | 0.15% $100k - $500k

Millington Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.00%$500-60 Month CD
1.75%$500-48 Month CD
1.50%$500-24 Month CD Special (New Money Only)
1.40%$500-30 Month CD
1.40%$500-30 Month CD Special
1.30%$500-36 Month CD
1.05%$500-24 Month CD
0.60%$500-18 Month CD
0.55%$500-15 Month CD
0.49%$500-12 Month CD
0.35%$500-9 Month CD
0.32%$500-7 Month CD
0.30%$500-6 Month CD
0.20%$500-3 Month CD

Millington Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.09%$250-60 Month IRA
1.85%$250-48 Month IRA
1.60%$500-24 Month IRA Special (New Money Only)
1.50%$500-30 Month IRA
1.50%$500-30 Month IRA Special
1.40%$250-36 Month IRA
1.15%$250-24 Month IRA
0.70%$250-18 Month Fixed IRA
0.65%$250-18 Month Variable IRA
0.64%$250-15 Month IRA
0.59%$250-12 Month IRA
0.45%$250-9 Month IRA
0.42%$250-7 Month IRA
0.40%$250-6 Month IRA
Locations


Millington Bank Locations
122 Morristown Road122 Morristown RoadBernardsville, NJ 07924
Millington Savings Bank1902 Long Hill RoadMillington, NJ 07946
Martinsville Branch1924 Washington Valley RoadMartinsville, NJ 08836
Riverwalk Branch675 Martinsville RoadBasking Ridge, NJ 07920