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  2. New Millennium Bank

New Millennium Bank

Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
1.75%5-year CD5 Year CD
2.35% - Synchrony Bank 60 Month CDAdvertisement
0.95%1-year CD12 Month Hybrid Certificate without Checking
1.40% - Synchrony Bank 12 Month CDAdvertisement
0.15%SavingsNew Millennium Silver Account
1.20% - Synchrony Bank High Yield SavingsAdvertisement
View all New Millennium Bank rates »

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

New Millennium Bank is headquartered in Fort Lee and is the 63rd largest bank in the state of New Jersey. It is also the 2,529th largest bank in the nation. It was established in 1999 and as of March of 2017, it had grown to 58 employees at 4 locations. New Millennium Bank's money market rates are 70% higher than the national average, and it has a B health rating.

Related Posts

New Millennium Bank [NY & NJ] 1.15% 9 Month & 1.35% 18 Month CD Specials - 4/27/2017

1.15% apy 9 month CD 1.35% apy 18 month CD $500 minimum https://nmbonline.com/en-us/cd-rate

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Health
B

Data as of Q1 2017

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #35151
Year Established1999
Employees58
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.12%
Return on Equity - YTD13.32%
Annual Interest Income$2.8MM
Assets and Liabilities
AssetsQ1 2017vs Q1 2016$252.7MM$263.0MM
LoansQ1 2017vs Q1 2016$197.5MM$180.4MM
DepositsQ1 2017vs Q1 2016$217.3MM$229.9MM
Equity CapitalQ1 2017vs Q1 2016$21.9MM$19.7MM
Loan Loss AllowanceQ1 2017vs Q1 2016$3.7MM$3.3MM
Unbacked Noncurrent LoansQ1 2017vs Q1 2016$3.5MM$3.8MM
Real Estate OwnedQ1 2017vs Q1 2016$374.00K$1.4MM
Rates
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* 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
1.51%$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%$100-Totally Free Checking Account
0.15%$500-Business Interest Checking Account

New Millennium Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.75%$500-5 Year CD
1.50%$500-18 Month CD
1.50%$500-15 Month CD
1.45%$500-4 Year CD
1.35%$500-12 Month CD
1.35%$30k-12 Month Hybrid Certificate with Checking
1.30%$500-3 Year CD
1.20%$500-2 Year CD
1.15%$500-9 Month CD
0.95%$30k-12 Month Hybrid Certificate without Checking
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
Bayside Branch209-35 Northern BoulevardBayside, NY 11361
Fifth Avenue Branch312 Fifth Avenue, 3rd FloorNew York, NY 10001