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

New Millennium Bank is headquartered in Fort Lee and is the 50th largest bank in the state of New Jersey. It is also the 1,702nd largest bank in the nation. It was established in 1999 and as of December of 2018, it had grown to 60 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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New Millennium Bank (NJ/NY) Ups 12-Month CD - 12/6/2018

New Millennium Bank (NJ/NY) has raised the rate on its 12-month CD Special (2.95% APY). Minimum deposit is $10k of new money, with no stated balance cap.

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Health

Health Grade Components

Overall
FDIC Certificate #35151
Year Established1999
Employees60
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.16%
Return on Equity - YTD11.93%
Annual Interest Income$18.0MM
Assets and Liabilities
AssetsQ4 2018vs Q4 2017$414.3MM$312.4MM
LoansQ4 2018vs Q4 2017$286.8MM$248.9MM
DepositsQ4 2018vs Q4 2017$365.5MM$267.8MM
Equity CapitalQ4 2018vs Q4 2017$35.6MM$31.6MM
Loan Loss AllowanceQ4 2018vs Q4 2017$5.3MM$4.5MM
Unbacked Noncurrent LoansQ4 2018vs Q4 2017$1.4MM$3.3MM
Real Estate OwnedQ4 2018vs Q4 2017$117.00K$0
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
2.65%$1k$50kMillennium Club Account w/ Automatic Transfer – 3 Year
2.40%$1k$50kMillennium Club Account w/ Automatic Transfer – 2 Year
2.40%$1k$50kMillennium Club Account w/o Automatic Transfer – 3 Year
2.15%$1k$50kMillennium Club Account w/o Automatic Transfer – 2 Year
2.05%$1k$50kMillennium Club Account w/ Automatic Transfer – 1 Year
1.80%$1k$50kMillennium Club Account w/o Automatic Transfer – 1 Year
1.75%*$10k*-Super Savings
OTHER TIERS: 0.25% Up to $10k
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
2.65%$10k-12 Month CD Special - New Money
2.50%$500-4 Year CD
2.50%$10k-15 Month CD Special - New Money
2.25%$500-3 Year CD
2.15%$10k-24 Month CD Special
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
Palisades Park Branch134-136 Broad AvenuePalisades Park, NJ 07650
Bayside Branch209-35 Northern BoulevardBayside, NY 11361
Manhattan Branch312 Fifth Ave, 3rd FloorNew York, NY 10001

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