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

Millington Bank is headquartered in Millington and is the 38th largest bank in the state of New Jersey. It is also the 1,250th largest bank in the nation. It was established in 1911 and as of December of 2018, it had grown to 57 employees at 4 locations. Millington Bank's savings rates are 4X the national average, and it has a B+ 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
B+

Health Grade Components

Overall
FDIC Certificate #30022
Year Established1911
Employees57
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.86%
Return on Equity - YTD8.44%
Annual Interest Income$23.3MM
Assets and Liabilities
AssetsQ4 2018vs Q4 2017$584.5MM$563.3MM
LoansQ4 2018vs Q4 2017$502.3MM$473.4MM
DepositsQ4 2018vs Q4 2017$423.3MM$461.2MM
Equity CapitalQ4 2018vs Q4 2017$61.7MM$58.8MM
Loan Loss AllowanceQ4 2018vs Q4 2017$5.7MM$5.4MM
Unbacked Noncurrent LoansQ4 2018vs Q4 2017$4.1MM$4.1MM
Real Estate OwnedQ4 2018vs Q4 2017$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
2.10%--E-Savings
1.51%*$25k*-VIP Savings Special (New Money)
OTHER TIERS: 0.30% Up to $25k

Millington Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.85%$500$250k24 Month e-CD Special
2.55%$500$250k13 Month e-CD Special
2.45%$500-24 Month CD Special
2.25%$500$250k7 Month e-CD Special
2.15%$500-13 Month CD Special

Millington Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.45%$500-24 Month IRA Special
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

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