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New Millennium Bank


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

New Millennium Bank is headquartered in FORT LEE and is the 29th largest bank in the state of New Jersey. It is also the 1,215th largest bank in the nation. It was established in 1999 and as of March of 2023, it had grown to 75 employees at 9 locations. New Millennium Bank's money market rates are 6X the national average, and it has an A health rating.

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Reviews (1)

New Millennium Bank At Closter, NJ

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Efficient and friendly service and good rates. What more can you ask.

1


Health
A

Data as of Q1 2023

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #35151
Year Established1999
Employees75
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.21%
Return on Equity - YTD14.86%
Annual Interest Income$10.8MM
Assets and Liabilities
AssetsQ1 2023vs Q1 2022$776.8MM$566.8MM
LoansQ1 2023vs Q1 2022$629.8MM$366.3MM
DepositsQ1 2023vs Q1 2022$703.9MM$500.0MM
Equity CapitalQ1 2023vs Q1 2022$64.3MM$53.1MM
Loan Loss AllowanceQ1 2023vs Q1 2022$8.8MM$8.4MM
Unbacked Noncurrent LoansQ1 2023vs Q1 2022$3.0MM$1.8MM
Real Estate OwnedQ1 2023vs Q1 2022$133.00K$137.00K
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
3.50%$1k$50kMillennium Club Account w/ Automatic Transfer – 1 Year
2.75%*$500k*-Super Savings
OTHER TIERS: 2.00% → $10k - $100k | 2.25% → $100k - $250k | 2.50% → $250k - $500k
2.00%$1k$50kMillennium Club Account w/ Automatic Transfer – 2 Year
2.00%$1k$50kMillennium Club Account w/ Automatic Transfer – 3 Year
0.20%--Neighborhood Savings Account
0.15%--New Millennium Silver Account

New Millennium Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.50%*$500k*-Money Market Account
OTHER TIERS: 1.75% → $1k - $100k | 2.00% → $100k - $250k | 2.25% → $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
5.00%$500-9 Month CD
4.75%$500-12 Month CD
4.00%$500-2 Year CD
4.00%$500-18 Month CD
2.50%$500-3 Year CD
2.00%$500-4 Year CD
2.00%$500-5 Year CD
0.40%$30k-12 Month Hybrid Certificate with Checking
0.40%$30k-12 Month Hybrid Certificate without Checking
0.30%$500-6 Month CD
0.20%$500-90 Day CD
Locations


New Millennium Bank Locations
Brunswick Town Center Branch20-50 Jersey AvenueNew Brunswick, NJ 08901
Palisades Park Branch134 Broad AvePalisades Park, NJ 07650
Piermont Road Branch Office570 Piermont Road, Unit A-2Closter, NJ 07624
Flushing Branch Office141-28 Northern BlvdFlushing, NY 11354
Bayside Branch209-35 Northern BoulevardBayside, NY 11361
Fort Lee Branch1620 Lemoine AvenueFort Lee, NJ 07024
Duluth Branch Office3350 Steve Reynolds Blvd.Duluth, GA 30096
New Millennium Bank222 Bridge Plz SFort Lee, NJ 07024
Manhattan Branch312 Fifth Ave, 3rd FloorNew York, NY 10001

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.