New Millennium Bank


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

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.

Reviews (1)

New Millennium Bank At Closter, NJ

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



Health
A+

Health Grade Components

Overall
FDIC Certificate #35151
Year Established1999
Employees74
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.94%
Return on Equity - YTD7.6%
Annual Interest Income$53.6MM
Assets and Liabilities
AssetsQ4 2024vs Q4 2023$913.7MM$783.8MM
LoansQ4 2024vs Q4 2023$772.9MM$679.3MM
DepositsQ4 2024vs Q4 2023$795.2MM$676MM
Equity CapitalQ4 2024vs Q4 2023$111.6MM$100.7MM
Loan Loss AllowanceQ4 2024vs Q4 2023$9.7MM$9.1MM
Unbacked Noncurrent LoansQ4 2024vs Q4 2023$2.6MM$2MM
Real Estate OwnedQ4 2024vs Q4 2023$0$137K
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
4.00%$1k-Millennium 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-Millennium Club Account w/ Automatic Transfer – 2 Year
2.00%$1k-Millennium Club Account w/ Automatic Transfer – 3 Year
0.20%$0-Neighborhood Savings Account
0.15%$0-New Millennium Silver Account

New Millennium Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.00%*$1m*-Smart Money Market Account - New Money
OTHER TIERS: 3.00% $100k - $250k | 3.25% $250k - $500k | 3.50% $500k - $1m
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
4.25%$500-3 Month CD
4.13%$500-6 Month CD
4.13%$500-9 Month CD
4.00%$500-12 Month CD
3.75%$500-18 Month CD
3.50%$500-2 Year CD
2.00%$500-3 Year CD
2.00%$500-4 Year CD
2.00%$500-5 Year CD
Locations


New Millennium Bank Locations
New Millennium Bank222 Bridge Plz SFort 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
Palisades Park Branch134 Broad AvePalisades Park, NJ 07650
Flushing Branch Office141-28 Northern BlvdFlushing, NY 11354
Piermont Road Branch Office570 Piermont Road, Unit A-2Closter, NJ 07624
Brunswick Town Center Branch20-50 Jersey AvenueNew Brunswick, NJ 08901
Duluth Branch Office3350 Steve Reynolds Blvd.Duluth, GA 30096

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