New Millennium Bank is headquartered in FORT LEE and is the 27th largest bank in the state of New Jersey. It is also the 1,123rd largest bank in the nation. It was established in 1999 and as of December of 2024, it had grown to 74 employees at 9 locations. New Millennium Bank's money market rates are 9X the national average, and it boasts 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 | 74 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 0.94% |
Return on Equity - YTD | 7.6% |
Annual Interest Income | $53.6MM |
Assets and Liabilities | ||
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Assets | Q4 2024vs Q4 2023 | $913.7MM$783.8MM |
Loans | Q4 2024vs Q4 2023 | $772.9MM$679.3MM |
Deposits | Q4 2024vs Q4 2023 | $795.2MM$676MM |
Equity Capital | Q4 2024vs Q4 2023 | $111.6MM$100.7MM |
Loan Loss Allowance | Q4 2024vs Q4 2023 | $9.7MM$9.1MM |
Unbacked Noncurrent Loans | Q4 2024vs Q4 2023 | $2.6MM$2MM |
Real Estate Owned | Q4 2024vs Q4 2023 | $0$137K |
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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 |
---|---|---|---|---|
0.15% | $500 | - | Business Interest Checking Account |
New Millennium Bank Locations | ||
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New Millennium Bank | 222 Bridge Plz S | 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 |