New Millennium Bank


Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
2.75%5-year CD5 Year CD
1.75%1-year CD12 Month Hybrid Certificate without Checking
0.15%SavingsNew Millennium Silver Account

Overview / Commentary
201-585-6090
222 Bridge Plaza South
Fort Lee, NJ 07024

New Millennium Bank is headquartered in Fort Lee and is the 55th largest bank in the state of New Jersey. It is also the 2,094th largest bank in the nation. It was established in 1999 and as of March of 2018, it had grown to 64 employees at 6 locations. New Millennium Bank's savings rates are 3X the national average, and it has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #35151
Year Established1999
Employees64
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.13%
Return on Equity - YTD11.15%
Annual Interest Income$3.9MM
Assets and Liabilities
AssetsQ1 2018vs Q1 2017$317.0MM$252.7MM
LoansQ1 2018vs Q1 2017$256.0MM$197.5MM
DepositsQ1 2018vs Q1 2017$271.4MM$217.3MM
Equity CapitalQ1 2018vs Q1 2017$32.5MM$21.9MM
Loan Loss AllowanceQ1 2018vs Q1 2017$4.5MM$3.7MM
Unbacked Noncurrent LoansQ1 2018vs Q1 2017$1.8MM$3.5MM
Real Estate OwnedQ1 2018vs Q1 2017$474.00K$374.00K
Rates
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Always verify rates and promotions with the bank or credit union. We are not New Millennium 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.

New Millennium Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.28%$1k$50kMillennium Club Account (With Automatic Transfer)- 3 Year Term Rate
2.02%$1k$50kMillennium Club Account (With Automatic Transfer)- 2 Year Term Rate
2.02%$1k$50kMillennium Club Account (Without Automatic Transfer)- 3 Year Term Rate
1.77%$1k$50kMillennium Club Account (Without Automatic Transfer)- 2 Year Term Rate
1.75%*$10k*-Super Savings
OTHER TIERS: 0.25% Up to $10k
1.51%$1k$50kMillennium Club Account (With Automatic Transfer)
1.26%$1k$50kMillennium Club Account (Without Automatic Transfer)
0.25%--Neighborhood Savings Account
0.15%--New Millennium Silver Account

New Millennium Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.75%*$500k*-Money Market Account
OTHER TIERS: 0.15% $1k - $10k | 0.25% $10k - $50k | 0.30% $50k - $100k | 0.40% $100k - $250k | 0.50% $250k - $500k

New Millennium Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%$500-Business Interest Checking Account

New Millennium Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.75%$500-5 Year CD
2.75%$10k-18 Month CD Special - New Money with Checking
2.50%$500-4 Year CD
2.50%$10k-15 Month CD Special - New Money with Checking
2.40%$10k-12 Month CD Special - New Money with Checking
2.25%$500-3 Year CD
2.00%$30k-12 Month Hybrid Certificate with Checking
2.00%$500-2 Year CD
1.90%$500-18 Month CD
1.80%$500-12 Month CD
1.75%$30k-12 Month Hybrid Certificate without Checking
1.50%$500-15 Month CD
1.15%$500-9 Month CD
0.75%$500-6 Month CD
0.25%$500-90 Day CD
Locations


New Millennium Bank Locations
New Millennium Bank222 Bridge Plaza SouthFort Lee, NJ 07024
Fort Lee Branch1620 Lemoine AvenueFort Lee, NJ 07024
New Brunswick Branch57 Livingston Ave SteNew Brunswick, NJ 08901
Palisafes Park Branch134-136 Broad AvenuePalisades Park, NJ 07650
Bayside Branch209-35 Northern BoulevardBayside, NY 11361
Fifth Avenue Branch312 Fifth Avenue, 3rd FloorNew York, NY 10001

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