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 35th largest bank in the state of New Jersey. It is also the 1,446th largest bank in the nation. It was established in 1999 and as of June of 2022, it had grown to 85 employees at 9 locations. New Millennium Bank's CD rates are 3X the national average, and it has 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

Health Grade Components

Overall
FDIC Certificate #35151
Year Established1999
Employees85
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.04%
Return on Equity - YTD11.24%
Annual Interest Income$10.3MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$623.1MM$527.1MM
LoansQ2 2022vs Q2 2021$412.4MM$374.8MM
DepositsQ2 2022vs Q2 2021$559.1MM$468.0MM
Equity CapitalQ2 2022vs Q2 2021$56.1MM$45.9MM
Loan Loss AllowanceQ2 2022vs Q2 2021$8.1MM$8.3MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$3.2MM$804.00K
Real Estate OwnedQ2 2022vs Q2 2021$137.00K$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
2.15%$1k$50kMillennium Club Account w/ Automatic Transfer – 3 Year
1.95%$1k$50kMillennium Club Account w/ Automatic Transfer – 2 Year
1.75%$1k$50kMillennium Club Account w/ Automatic Transfer – 1 Year
1.25%*$10k*-Super Savings
OTHER TIERS: 0.20% Up to $10k
0.20%--Neighborhood Savings Account
0.15%--New Millennium Silver Account

New Millennium Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.25%*$250k*-Money Market Account
OTHER TIERS: 0.15% $1k - $10k | 0.20% $10k - $50k | 0.25% $50k - $100k | 0.30% $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
2.85%$500-18 Month CD
2.75%$500-12 Month CD
2.00%$500-3 Year CD
2.00%$500-4 Year CD
2.00%$500-5 Year CD
1.75%$500-2 Year CD
0.40%$500-9 Month 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
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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