New Millennium Bank is headquartered in Fort Lee and is the 41st largest bank in the state of New Jersey. It is also the 1,652nd largest bank in the nation. It was established in 1999 and as of December of 2021, it had grown to 77 employees at 9 locations. New Millennium Bank has an A+ health rating.
Efficient and friendly service and good rates. What more can you ask.
Overall | |
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FDIC Certificate # | 35151 |
Year Established | 1999 |
Employees | 77 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 1.65% |
Return on Equity - YTD | 17.75% |
Annual Interest Income | $20.3MM |
Assets and Liabilities | ||
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Assets | Q4 2021vs Q4 2020 | $540.8MM$457.4MM |
Loans | Q4 2021vs Q4 2020 | $355.6MM$348.4MM |
Deposits | Q4 2021vs Q4 2020 | $476.7MM$396.6MM |
Equity Capital | Q4 2021vs Q4 2020 | $51.4MM$42.8MM |
Loan Loss Allowance | Q4 2021vs Q4 2020 | $8.4MM$8.0MM |
Unbacked Noncurrent Loans | Q4 2021vs Q4 2020 | $1.9MM$3.6MM |
Real Estate Owned | Q4 2021vs Q4 2020 | $137.00K$137.00K |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
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0.40%* | $250k* | - | Money Market Account | ||
OTHER TIERS: 0.15% → $1k - $10k | 0.20% → $10k - $50k | 0.25% → $50k - $100k | 0.30% → $100k - $250k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.15% | $500 | - | Business Interest Checking Account |
New Millennium Bank Locations | ||
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New Millennium Bank | 222 Bridge Plaza South | Fort Lee, NJ 07024 |
Fort Lee Branch | 1620 Lemoine Avenue | Fort Lee, NJ 07024 |
Bayside Branch | 209-35 Northern Boulevard | Bayside, NY 11361 |
Manhattan Branch | 312 Fifth Ave, 3rd Floor | New York, NY 10001 |
Palisades Park Branch | 134 Broad Ave | Palisades Park, NJ 07650 |
Flushing Branch Office | 141-28 Northern Blvd | Flushing, NY 11354 |
Piermont Road Branch Office | 570 Piermont Road, Unit A-2 | Closter, NJ 07624 |
Brunswick Town Center Branch | 20-50 Jersey Avenue | New Brunswick, NJ 08901 |
Duluth Branch Office | 3350 Steve Reynolds Blvd. | Duluth, GA 30096 |