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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 41st largest bank in the state of New Jersey. It is also the 1,779th largest bank in the nation. It was established in 1999 and as of December of 2020, it had grown to 63 employees at 7 locations. New Millennium Bank's money market rates are 14% higher than the national average, and it has an A health rating.

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Health
A

Data as of Q4 2020

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Health Grade Components

Overall
FDIC Certificate #35151
Year Established1999
Employees63
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.73%
Return on Equity - YTD7.61%
Annual Interest Income$18.6MM
Assets and Liabilities
AssetsQ4 2020vs Q4 2019$457.4MM$389.3MM
LoansQ4 2020vs Q4 2019$348.4MM$320.1MM
DepositsQ4 2020vs Q4 2019$396.6MM$333.9MM
Equity CapitalQ4 2020vs Q4 2019$42.8MM$39.6MM
Loan Loss AllowanceQ4 2020vs Q4 2019$8.0MM$5.6MM
Unbacked Noncurrent LoansQ4 2020vs Q4 2019$3.6MM$4.3MM
Real Estate OwnedQ4 2020vs Q4 2019$137.00K$112.00K
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
2.15%$1k$50kMillennium Club Account w/ Automatic Transfer – 3 Year
1.95%$1k$50kMillennium Club Account w/ Automatic Transfer – 2 Year
1.90%$1k$50kMillennium Club Account w/o Automatic Transfer – 3 Year
1.75%$1k$50kMillennium Club Account w/ Automatic Transfer – 1 Year
1.70%$1k$50kMillennium Club Account w/o Automatic Transfer – 2 Year
1.50%$1k$50kMillennium Club Account w/o Automatic Transfer – 1 Year
0.50%*$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
0.50%*$250k*-Money Market Account
OTHER TIERS: 0.15% → $1k - $10k | 0.25% → $10k - $50k | 0.30% → $50k - $100k | 0.40% → $100k - $250k

New Millennium Bank Checking Account Rates

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

New Millennium Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.60%$500-2 Year CD
0.60%$500-3 Year CD
0.60%$500-4 Year CD
0.60%$500-5 Year CD
0.55%$500-12 Month CD
0.55%$500-18 Month CD
0.50%$30k-12 Month Hybrid Certificate with Checking
0.50%$30k-12 Month Hybrid Certificate without Checking
0.45%$500-9 Month CD
0.35%$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
Manhattan Branch312 Fifth Ave, 3rd FloorNew York, NY 10001
New Brunswick Branch57 Livingston Ave SteNew Brunswick, NJ 08901
Palisades Park Branch134 Broad AvePalisades Park, NJ 07650
Flushing Branch Office141-28 Northern BlvdFlushing, NY 11354

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.